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PaySign (PaySign) Debt-to-Equity : 0.14 (As of Dec. 2023)


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What is PaySign Debt-to-Equity?

PaySign's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.38 Mil. PaySign's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $2.93 Mil. PaySign's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $24.49 Mil. PaySign's debt to equity for the quarter that ended in Dec. 2023 was 0.14.

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

PAYS' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.05   Med: 0.23   Max: 0.38
Current: 0.14

During the past 13 years, the highest Debt-to-Equity Ratio of PaySign was 0.38. The lowest was 0.05. And the median was 0.23.

PAYS's Debt-to-Equity is ranked better than
58.89% of 2226 companies
in the Software industry
Industry Median: 0.21 vs PAYS: 0.14

PaySign Debt-to-Equity Historical Data

The historical data trend for PaySign'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.

PaySign Debt-to-Equity Chart

PaySign 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 - 0.33 0.31 0.23 0.14

PaySign Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.23 0.22 0.21 0.19 0.14

Competitive Comparison of PaySign's Debt-to-Equity

For the Software - Infrastructure subindustry, PaySign'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.


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

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

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



PaySign Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

PaySign'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.


PaySign  (NAS:PAYS) 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.


PaySign Debt-to-Equity Related Terms

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


PaySign (PaySign) Business Description

Traded in Other Exchanges
N/A
Address
2615 St. Rose Parkway, Henderson, NV, USA, 89052
PaySign Inc is a provider of prepaid card programs, comprehensive patient affordability offerings, digital banking services and integrated payment processing designed for businesses, consumers and government institutions. The Company creates customized, payment solutions for clients across industries, including pharmaceutical, healthcare, hospitality and retail. The company's revenues include fees generated from cardholder fees, interchange, card program management fees, transaction claims processing fees, and settlement income.
Executives
Robert Strobo officer: Secretary 1700 W. HORIZON RIDGE PARKWAY, SUITE 200, HENDERSON NV 89012
Bruce A Mina director 1700 W. HORIZON RIDGE PKWY, #200, HENDERSON NV 89012
Jeffery Bradford Baker officer: CFO 3101 HOWELL MILL RD., UNIT 223, ATLANTA GA 3
Matthew Louis Lanford officer: COO, President 11859 TAVEMA AVE,, LAS VEGAS NV 89138
Joan M Herman officer: Chief Operating Officer 1700 W. HORIZON RIDGE PARKWAY #200, HENDERSON NV 89012
Mark Newcomer director, 10 percent owner, officer: President & CEO 1700 W HORIZON RIDGE PARKWAY STE 2, HENDERSON NV 89012
Daniel Spence director, 10 percent owner, officer: CIO 1700 W HORIZON RIDGE PARKWAY STE 2, HENDERSON NV 89012
Jeffrey B Newman director C/O EURONET WORLDWIDE, INC., 3500 COLLEGE BOULEVARD, LEAWOOD KS 66211
Mark Kenneth Attinger officer: CFO 34522 N.SCOTTSDALE ROAD, SUITE 120-492, SCOTTSDALE AZ 85266
Quinn P Williams director 2375 E. CAMELBACK ROAD, STE. 700, PHOENIX AZ 85016
Daniel R Henry director 13160 BIRCH, OVERLAND PARK KS 66211
Dennis L Triplett director 1700 HORIZON RIDGE PARKWAY, #200, HENDERSON NV 89012
Brian Polan officer: Chief Financial Officer 1700 W. HORIZON RIDGE PARKWAY, SUITE 201, HENDERSON NV 89012
Anthony E Deprima director, officer: Secretary
Joya Arthur De officer: CFO 361 WISETON AVENUE, LAS VEGAS NV 89123