Austriacard Holdings AG (ATH:ACAG) Debt-to-Equity : 1.12 (As of Dec. 2023)

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What is Austriacard Holdings AG Debt-to-Equity?

Austriacard Holdings AG's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €16.4 Mil. Austriacard Holdings AG's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €102.4 Mil. Austriacard Holdings AG's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €106.4 Mil. Austriacard Holdings AG's debt to equity for the quarter that ended in Dec. 2023 was 1.12.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Austriacard Holdings AG's Debt-to-Equity or its related term are showing as below:

ATH:ACAG' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.12 Med: 1.42 Max: 1.9
Current: 1.12

During the past 5 years, the highest Debt-to-Equity Ratio of Austriacard Holdings AG was 1.90. The lowest was 1.12. And the median was 1.42.

ATH:ACAG's Debt-to-Equity is ranked worse than
86.79% of 2225 companies
in the Software industry
Industry Median: 0.21 vs ATH:ACAG: 1.12

Austriacard Holdings AG Debt-to-Equity Historical Data

The historical data trend for Austriacard Holdings AG's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Austriacard Holdings AG Debt-to-Equity Chart

Austriacard Holdings AG Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

1.90

1.41

1.74

1.42

1.12

Austriacard Holdings AG Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial			1.74	1.87	1.42	1.03	1.12

Competitive Comparison of Austriacard Holdings AG's Debt-to-Equity

For the Information Technology Services subindustry, Austriacard Holdings AG's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Austriacard Holdings AG's Debt-to-Equity Distribution in the Software Industry

For the Software industry and Technology sector, Austriacard Holdings AG's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Austriacard Holdings AG's Debt-to-Equity falls into.

Austriacard Holdings AG Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Austriacard Holdings AG's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(16.44	+	102.432)	/	106.401
	=	1.12

Austriacard Holdings AG's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(16.44	+	102.432)	/	106.401
	=	1.12

Austriacard Holdings AG (ATH:ACAG) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Austriacard Holdings AG Debt-to-Equity Related Terms

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Austriacard Holdings AG (ATH:ACAG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Austriacard Holdings AG (ATH:ACAG) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

ACQ0:Germany ACAG:Austria

Address

Lamezanstrasse 4-8, Vienna, AUT, 1232

Website

https://www.austriacard.com

Austriacard Holdings AG is a B2B (business-to-business) provider of secure data solutions mainly in Europe, with market share in many European countries. It engages in the business areas of Digital Security and Information Management. The Digital Security division provides end-to-end secure data solutions and offers personalization services and products for the sensitive areas of financial institutions, government, the public sector, transportation as well as industry & retail. The information management division provides products and services for secure document and information management, as well as specialized solutions for the digital transformation of businesses and organizations under the brand INFORM.

Executives

Nikolaos Lykos

Chairman of the Management Board

Austriacard Holdings AG (ATH:ACAG) Headlines

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