Covisint (Covisint) Debt-to-Equity : 0.00 (As of Mar. 2017)

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What is Covisint Debt-to-Equity?

Covisint's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2017 was $0.00 Mil. Covisint's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2017 was $0.00 Mil. Covisint's Total Stockholders Equity for the quarter that ended in Mar. 2017 was $60.48 Mil. Covisint's debt to equity for the quarter that ended in Mar. 2017 was 0.00.

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 Covisint's Debt-to-Equity or its related term are showing as below:

COVS's Debt-to-Equity is not ranked ^*
in the Software industry.
Industry Median: 0.21
* Ranked among companies with meaningful Debt-to-Equity only.

Covisint Debt-to-Equity Historical Data

The historical data trend for Covisint'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.

Covisint Debt-to-Equity Chart

Covisint Annual Data

Trend

Mar10

Mar11

Mar12

Mar13

Mar14

Mar15

Mar16

Mar17

Debt-to-Equity

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Covisint Quarterly Data
	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17
Debt-to-Equity	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Covisint's Debt-to-Equity

For the Software - Application subindustry, Covisint'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.

Covisint's Debt-to-Equity Distribution in the Software Industry

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

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

Covisint Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Covisint's Debt to Equity Ratio for the fiscal year that ended in Mar. 2017 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
	=	(0	+	0)	/	60.482
	=	0.00

Covisint's Debt to Equity Ratio for the quarter that ended in Mar. 2017 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
	=	(0	+	0)	/	60.482
	=	0.00

Covisint (NAS:COVS) 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.

Covisint Debt-to-Equity Related Terms

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Covisint (Covisint) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Covisint Corp (NAS:COVS) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

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Address

Website

http://www.covisint.com

Covisint Corp incorporated in April 2008 provides a cloud Platform for the development of identity-centric and IoT solutions. It packages and markets the Covisint Cloud Platform as three different offerings namely, The Covisint Identity Platform, The Covisint IoT Platform, and The Covisint Connected Vehicle Platform. The Covisint Platform offers a complete and tightly integrated set of technologies for one purpose- to enable trusted information sharing and secure interactions across people, systems and things. It offer these capabilities via the public cloud, and exposed via APIs, to enable developers to create custom solutions to transform their businesses.

Executives

William O Grabe	director	C/O COMPUWARE CORP, DETROIT MI 48226
John F. Smith	director	ONE DAUCH DR., DETROIT MI 48211
Dr. Homaira Akbari	director	13410 SUTTON PARK DRIVE SOUTH, JACKSONVILLE FL 32224

Covisint (Covisint) Headlines

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