Varonis Systems (Varonis Systems) Debt-to-Equity : 0.64 (As of Dec. 2023)

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What is Varonis Systems Debt-to-Equity?

Varonis Systems's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $10.0 Mil. Varonis Systems's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $301.8 Mil. Varonis Systems's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $489.6 Mil. Varonis Systems's debt to equity for the quarter that ended in Dec. 2023 was 0.64.

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

VRNS' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.51 Med: 0.63 Max: 2.9
Current: 0.64

During the past 13 years, the highest Debt-to-Equity Ratio of Varonis Systems was 2.90. The lowest was 0.51. And the median was 0.63.

VRNS's Debt-to-Equity is ranked worse than
76.29% of 2223 companies
in the Software industry
Industry Median: 0.21 vs VRNS: 0.64

Varonis Systems Debt-to-Equity Historical Data

The historical data trend for Varonis Systems'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.

Varonis Systems Debt-to-Equity Chart

Varonis Systems Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.61

2.90

0.51

0.63

0.64

Varonis Systems 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															0.63	0.63	0.64	0.68	0.64

Competitive Comparison of Varonis Systems's Debt-to-Equity

For the Software - Infrastructure subindustry, Varonis Systems'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.

Varonis Systems's Debt-to-Equity Distribution in the Software Industry

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

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

Varonis Systems Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Varonis Systems'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
	=	(10.049	+	301.79)	/	489.648
	=	0.64

Varonis Systems'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
	=	(10.049	+	301.79)	/	489.648
	=	0.64

Varonis Systems (NAS:VRNS) 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.

Varonis Systems Debt-to-Equity Related Terms

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Varonis Systems (Varonis Systems) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Varonis Systems Inc (NAS:VRNS) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

VS2:Germany VS2:Germany

Address

1250 Broadway, 29th Floor, New York, NY, USA, 10001

Website

https://www.varonis.com

Varonis Systems is a cybersecurity vendor focused on data privacy and security. The firm is currently undergoing a cloud transition as it weans its on-premises customers over to its cloud products that are delivered as software-as-a-service. The New York-based firm was founded in 2004 and went public in 2014.

Executives

James O'boyle	officer: SVP of Worldwide Sales	C/O VARONIS SYSTEMS, INC., 1250 BROADWAY, 31ST FLOOR, NEW YORK NY 10001
David Bass	officer: EVP Engineering & CTO	1250 BROADWAY 29TH FLOOR, NEW YORK NY 10001
Avrohom J. Kess	director	385 WASHINGTON STREET, ST. PAUL MN 55102
Yakov Faitelson	director, officer: CEO, President, Chairman	C/O VARONIS SYSTEMS, INC., 1250 BROADWAY, 31ST FLOOR, NEW YORK NY 10001
Ofer Segev	director	NESS TOWER, ATIDIM HIGH-TECH INDUSTRIAL, PARK, BUILDING 4, TEL AVIV L3 61580
Guy Melamed	officer: Chief Financial Officer	1250 BROADWAY, 29TH FLOOR, NEW YORK NY 10001
Dov Gottlieb	officer: VP and General Counsel	1250 BROADWAY, 29TH FLOOR, NEW YORK NY 10001
Van Den Bosch Fred	director	350 ELLIS STREET, MOUNTAIN VIEW CA 94043
Carlos Aued	director	1250 BROADWAY, 29TH FLOOR, NEW YORK NY 10001
Gilad Raz	officer: CIO & VP of Technical Services	1250 BROADWAY, 29TH FLOOR, NEW YORK NY 10001
Kevin E Comolli	director, 10 percent owner	C/O ACCEL, 500 UNIVERSITY AVE, PALO ALTO CA 94301
Thomas F Mendoza	director	495 E. JAVA DRIVE, SUNNYVALE CA 94089
Rachel Prishkolnik	director	1 HAMADA STREET, HERZILIYA PITUACH L3 4673335
Gili Iohan	officer: Chief Financial Officer	C/O VARONIS SYSTEMS, INC., 1250 BROADWAY, 31ST FLOOR, NEW YORK NY 10001
Rona Segev-gal	director	C/O PITANGO VENTURE CAPITAL FUND IV L.P., 540 COWPER ST., SUITE 200, PALO ALTO CA 94301