CCC Intelligent Solutions Holdings (FRA:0B1) Debt-to-Equity : 0.47 (As of Mar. 2024)

View and export this data going back to 2023. Start your Free Trial

What is CCC Intelligent Solutions Holdings Debt-to-Equity?

CCC Intelligent Solutions Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €13.9 Mil. CCC Intelligent Solutions Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €750.7 Mil. CCC Intelligent Solutions Holdings's Total Stockholders Equity for the quarter that ended in Mar. 2024 was €1,640.8 Mil. CCC Intelligent Solutions Holdings's debt to equity for the quarter that ended in Mar. 2024 was 0.47.

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 CCC Intelligent Solutions Holdings's Debt-to-Equity or its related term are showing as below:

FRA:0B1' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.41 Med: 0.44 Max: 0.96
Current: 0.47

During the past 5 years, the highest Debt-to-Equity Ratio of CCC Intelligent Solutions Holdings was 0.96. The lowest was 0.41. And the median was 0.44.

FRA:0B1's Debt-to-Equity is ranked worse than
70.96% of 2211 companies
in the Software industry
Industry Median: 0.21 vs FRA:0B1: 0.47

CCC Intelligent Solutions Holdings Debt-to-Equity Historical Data

The historical data trend for CCC Intelligent Solutions Holdings'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.

CCC Intelligent Solutions Holdings Debt-to-Equity Chart

CCC Intelligent Solutions Holdings Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

N/A

0.96

0.46

0.41

0.47

CCC Intelligent Solutions Holdings Quarterly Data
	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial											0.41	0.41	0.41	0.47	0.47

Competitive Comparison of CCC Intelligent Solutions Holdings's Debt-to-Equity

For the Software - Infrastructure subindustry, CCC Intelligent Solutions Holdings'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.

CCC Intelligent Solutions Holdings's Debt-to-Equity Distribution in the Software Industry

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

* The bar in red indicates where CCC Intelligent Solutions Holdings's Debt-to-Equity falls into.

CCC Intelligent Solutions Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

CCC Intelligent Solutions Holdings'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
	=	(13.561	+	750.381)	/	1634.348
	=	0.47

CCC Intelligent Solutions Holdings's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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
	=	(13.925	+	750.665)	/	1640.828
	=	0.47

CCC Intelligent Solutions Holdings (FRA:0B1) 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.

CCC Intelligent Solutions Holdings Debt-to-Equity Related Terms

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

CCC Intelligent Solutions Holdings (FRA:0B1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » CCC Intelligent Solutions Holdings Inc (FRA:0B1) » Definitions » Debt-to-Equity

Comparable Companies

CYBR KVYO WEX SPSC QLYS INFA AFRM HOOD CFLT ALTR MSFT ORCL ADBE PANW SNPS VMW FTNT CRWD PLTR SQ

Traded in Other Exchanges

CCCS:USA

Address

167 North Green Street, 9th Floor, Chicago, IL, USA, 60607

Website

https://www.cccis.com

CCC Intelligent Solutions Holdings Inc is a provider of cloud, mobile, AI, telematics, hyperscale technologies and applications for the property and casualty insurance economy. The company's SaaS platform connects trading partners, facilitates commerce, and supports mission-critical, and AI-enabled digital workflows. The company generate revenue through the sale of software subscriptions and other revenue, primarily from professional services. The company has its presence in United States and China. Majority of the revenue is generated from United States.

CCC Intelligent Solutions Holdings (FRA:0B1) Headlines

No Headlines