CloudCoCo Group (LSE:CLCO) Debt-to-Equity : 6.78 (As of Sep. 2023)

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What is CloudCoCo Group Debt-to-Equity?

CloudCoCo Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was £1.21 Mil. CloudCoCo Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was £5.81 Mil. CloudCoCo Group's Total Stockholders Equity for the quarter that ended in Sep. 2023 was £1.04 Mil. CloudCoCo Group's debt to equity for the quarter that ended in Sep. 2023 was 6.78.

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

LSE:CLCO' s Debt-to-Equity Range Over the Past 10 Years
Min: -3.89 Med: 0.7 Max: 6.78
Current: 6.78

During the past 13 years, the highest Debt-to-Equity Ratio of CloudCoCo Group was 6.78. The lowest was -3.89. And the median was 0.70.

LSE:CLCO's Debt-to-Equity is ranked worse than
98.5% of 2204 companies
in the Software industry
Industry Median: 0.2 vs LSE:CLCO: 6.78

CloudCoCo Group Debt-to-Equity Historical Data

The historical data trend for CloudCoCo Group'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.

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CloudCoCo Group Debt-to-Equity Chart

CloudCoCo Group Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Debt-to-Equity

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-3.89

0.75

0.79

1.88

6.78

CloudCoCo Group Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial															0.79	1.16	1.88	3.12	6.78

Competitive Comparison of CloudCoCo Group's Debt-to-Equity

For the Software - Infrastructure subindustry, CloudCoCo Group'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.

CloudCoCo Group's Debt-to-Equity Distribution in the Software Industry

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

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

CloudCoCo Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

CloudCoCo Group's Debt to Equity Ratio for the fiscal year that ended in Sep. 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
	=	(1.207	+	5.811)	/	1.035
	=	6.78

CloudCoCo Group's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(1.207	+	5.811)	/	1.035
	=	6.78

CloudCoCo Group (LSE:CLCO) 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.

CloudCoCo Group Debt-to-Equity Related Terms

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CloudCoCo Group (LSE:CLCO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » CloudCoCo Group PLC (LSE:CLCO) » Definitions » Debt-to-Equity

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Traded in Other Exchanges

GV2A:Germany

Address

5 Fleet Place, London, GBR, EC4M 7RD

Website

https://www.cloudcoco.co.uk

CloudCoCo Group PLC is a United Kingdom-based company engaged in being the provision of IT managed services ,Value Added Resale to customers. VAR is the resale of one-time solutions (hardware and software) from leading technology partners and Managed IT Services, which comprises recurring services and ongoing IT support often utilising the data centre locations, core network or technical skills at our disposal.