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Evercore (Evercore) Debt-to-Equity : 0.54 (As of Dec. 2023)


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What is Evercore Debt-to-Equity?

Evercore's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $36 Mil. Evercore's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $808 Mil. Evercore's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $1,577 Mil. Evercore's debt to equity for the quarter that ended in Dec. 2023 was 0.54.

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

EVR' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.22   Med: 0.4   Max: 0.72
Current: 0.54

During the past 13 years, the highest Debt-to-Equity Ratio of Evercore was 0.72. The lowest was 0.22. And the median was 0.40.

EVR's Debt-to-Equity is ranked worse than
58.65% of 607 companies
in the Capital Markets industry
Industry Median: 0.37 vs EVR: 0.54

Evercore Debt-to-Equity Historical Data

The historical data trend for Evercore'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.

Evercore Debt-to-Equity Chart

Evercore Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.72 0.59 0.55 0.45 0.54

Evercore Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.51 0.59 0.58 0.54 N/A

Competitive Comparison of Evercore's Debt-to-Equity

For the Capital Markets subindustry, Evercore'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.


Evercore's Debt-to-Equity Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Evercore's Debt-to-Equity distribution charts can be found below:

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



Evercore Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

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

* 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.


Evercore  (NYSE:EVR) 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.


Evercore Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Evercore's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Evercore (Evercore) Business Description

Traded in Other Exchanges
Address
55 East 52nd Street, New York, NY, USA, 10055
Evercore is an independent investment bank that derives the majority of its revenue from financial advisory, including merger, acquisition, and restructuring advisory. It also has institutional equities trading, equity underwriting, and investment management businesses that account for around 20% of net revenue. The company was founded in 1996 and went public in 2006. Evercore had approximately 1,800 employees at the end of 2022, and about 75% of its revenue is derived from the United States.
Executives
Richard I Beattie director C/O SIMPSON THACHER & BARTLETT, 425 LEXINGTON AVE, NEW YORK NY 10017-3954
Pamela G Carlton director 901 S. MARQUETTE AVENUE, MINNEAPOLIS MN 55402
Timothy Gilbert Lalonde officer: Chief Financial Officer 55 EAST 52ND STREET, NEW YORK NY 10055
Jason Klurfeld officer: General Counsel 55 EAST 52ND STREET, C/O EVERCORE INC., NEW YORK NY 10055
Paul Pensa officer: Contr.,Principal Acct. Officer 55 EAST 52ND STREET, 43RD FLOOR, NEW YORK NY 10055
Ralph Schlosstein director, officer: President and CEO EVERCORE PARTNERS INC., 55 EAST 52ND STREET, 43RD FLOOR, NEW YORK NY 10055
Celeste M Brown officer: Chief Financial Officer C/O EVERCORE INC., 55 EAST 52ND STREET, NEW YORK NY 10055
Robert B Walsh officer: Principal Financial Officer C/O EVERCORE PARTNERS INC., 55 EAST 52ND STREET, 43RD FLOOR, NEW YORK NY 10055
Ellen V Futter director J P MORGAN CHASE & CO, 270 PARK AVE, NEW YORK NY 10017
Roger C Altman director, officer: Executive Chairman EVERCORE PARTNERS INC., 55 EAST 52ND STREET, 43RD FLOOR, NEW YORK NY 10055
Wilson Kendrick R Iii director C/O EVERCORE INC., 55 EAST 52ND STREET, NEW YORK NY 10055
Ostoa Augusto Arellano officer: CEO of EVR Mexico 55 EAST 52ND STREET, NEW YORK NY 10055
Andrew Sibbald officer: CEO EVR Partners International 55 EAST 52ND STREET, FLOOR 38, NEW YORK NY 10055
Sarah K Williamson director 55 EAST 52ND STREET, C/O EVERCORE INC., NEW YORK NY 10055
Adam B Frankel officer: General Counsel