Intercede Group (LSE:IGP) Debt-to-Equity : 0.03 (As of Sep. 2023)

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What is Intercede Group Debt-to-Equity?

Intercede Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was £0.12 Mil. Intercede Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was £0.14 Mil. Intercede Group's Total Stockholders Equity for the quarter that ended in Sep. 2023 was £8.67 Mil. Intercede Group's debt to equity for the quarter that ended in Sep. 2023 was 0.03.

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

LSE:IGP' s Debt-to-Equity Range Over the Past 10 Years
Min: -7.35 Med: -0.88 Max: 10.68
Current: 0.03

During the past 13 years, the highest Debt-to-Equity Ratio of Intercede Group was 10.68. The lowest was -7.35. And the median was -0.88.

LSE:IGP's Debt-to-Equity is ranked better than
86.57% of 2219 companies
in the Software industry
Industry Median: 0.21 vs LSE:IGP: 0.03

Intercede Group Debt-to-Equity Historical Data

The historical data trend for Intercede 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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Intercede Group Debt-to-Equity Chart

Intercede Group Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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-2.40

-4.60

0.23

0.14

0.07

Intercede 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															0.18	0.14	0.09	0.07	0.03

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

For the Software - Application subindustry, Intercede 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.

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

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

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

Intercede Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Intercede Group's Debt to Equity Ratio for the fiscal year that ended in Mar. 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
	=	(0.261	+	0.204)	/	7.03
	=	0.07

Intercede 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
	=	(0.121	+	0.143)	/	8.671
	=	0.03

Intercede Group (LSE:IGP) 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.

Intercede Group Debt-to-Equity Related Terms

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

Intercede Group (LSE:IGP) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

LYD:Germany

Address

St. Mary's Road, Lutterworth Hall, Lutterworth, Leicestershire, GBR, LE17 4PS

Website

https://www.intercede.com

Intercede Group PLC is an independent developer and supplier of identity and credential management software. Its product portfolio includes MyID, an identity, and credential management system, RapID is the password killer for killer apps, and MyTAM enables Android app developers and service providers to deploy trusted applications to the trusted execution environment in a simple and cost-effective manner. The company serves a diverse range of markets including governments, enterprises, app developers, and service providers. It has operational footprints across the United Kingdom, Rest of Europe, North America, and Rest of World. The Majority of its revenue is derived from North America.

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