Sapiens International NV (Sapiens International NV) Debt-to-Equity : 0.20 (As of Dec. 2023)

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What is Sapiens International NV Debt-to-Equity?

Sapiens International NV's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $26.4 Mil. Sapiens International NV's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $60.6 Mil. Sapiens International NV's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $447.3 Mil. Sapiens International NV's debt to equity for the quarter that ended in Dec. 2023 was 0.19.

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 Sapiens International NV's Debt-to-Equity or its related term are showing as below:

SPNS' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.2 Med: 0.39 Max: 0.54
Current: 0.2

During the past 13 years, the highest Debt-to-Equity Ratio of Sapiens International NV was 0.54. The lowest was 0.20. And the median was 0.39.

SPNS's Debt-to-Equity is ranked better than
52.02% of 2224 companies
in the Software industry
Industry Median: 0.21 vs SPNS: 0.20

Sapiens International NV Debt-to-Equity Historical Data

The historical data trend for Sapiens International NV'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.

Sapiens International NV Debt-to-Equity Chart

Sapiens International NV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.54

0.46

0.37

0.29

0.20

Sapiens International NV 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															0.29	0.22	0.21	0.21	0.20

Competitive Comparison of Sapiens International NV's Debt-to-Equity

For the Software - Application subindustry, Sapiens International NV'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.

Sapiens International NV's Debt-to-Equity Distribution in the Software Industry

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

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

Sapiens International NV Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Sapiens International NV'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
	=	(26.419	+	60.627)	/	447.27
	=	0.19

Sapiens International NV's Debt to Equity Ratio for the quarter 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
	=	(26.419	+	60.627)	/	447.27
	=	0.19

Sapiens International NV (NAS:SPNS) 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.

Sapiens International NV Debt-to-Equity Related Terms

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Sapiens International NV (Sapiens International NV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Sapiens International Corp NV (NAS:SPNS) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

SPNS:Israel S3P:Germany S3P:Germany

Address

26 Harokmim Street, Azrieli Center, Holon, ISR, 5885800

Website

https://www.sapiens.com

Sapiens International Corp NV is a provider of software solutions for the insurance industry, with an emerging focus on the financial services sector. The company offers software, solutions and professional services for property & casualty (P&C); reinsurance; life, pension & annuity (L&A); workers' compensation (WC); medical professional liability (MPL); financial & compliance (F&C); and decision modelling for both insurance and financial markets. The group also provides services for project delivery and implementation services, for its Software Solutions portfolio. Geographically, it operates in the region of North America, United Kingdom, Israel, and other European countries and Rest of the World and derives the majority of its income from North American region.