Asseco South Eastern Europe (WAR:ASE) Debt-to-Equity : 0.12 (As of Mar. 2024)

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What is Asseco South Eastern Europe Debt-to-Equity?

Asseco South Eastern Europe's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was zł63 Mil. Asseco South Eastern Europe's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was zł73 Mil. Asseco South Eastern Europe's Total Stockholders Equity for the quarter that ended in Mar. 2024 was zł1,146 Mil. Asseco South Eastern Europe's debt to equity for the quarter that ended in Mar. 2024 was 0.12.

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 Asseco South Eastern Europe's Debt-to-Equity or its related term are showing as below:

WAR:ASE' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.06 Med: 0.11 Max: 0.22
Current: 0.12

During the past 13 years, the highest Debt-to-Equity Ratio of Asseco South Eastern Europe was 0.22. The lowest was 0.06. And the median was 0.11.

WAR:ASE's Debt-to-Equity is ranked better than
61.41% of 2213 companies
in the Software industry
Industry Median: 0.21 vs WAR:ASE: 0.12

Asseco South Eastern Europe Debt-to-Equity Historical Data

The historical data trend for Asseco South Eastern Europe'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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Asseco South Eastern Europe Debt-to-Equity Chart

Asseco South Eastern Europe Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.20

0.13

0.15

0.14

Asseco South Eastern Europe Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															0.13	0.14	0.13	0.14	0.12

Competitive Comparison of Asseco South Eastern Europe's Debt-to-Equity

For the Software - Application subindustry, Asseco South Eastern Europe'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.

Asseco South Eastern Europe's Debt-to-Equity Distribution in the Software Industry

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

* The bar in red indicates where Asseco South Eastern Europe's Debt-to-Equity falls into.

Asseco South Eastern Europe Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Asseco South Eastern Europe'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
	=	(69.443	+	83.991)	/	1115.786
	=	0.14

Asseco South Eastern Europe's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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
	=	(63.471	+	72.76)	/	1145.679
	=	0.12

Asseco South Eastern Europe (WAR:ASE) 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.

Asseco South Eastern Europe Debt-to-Equity Related Terms

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Asseco South Eastern Europe (WAR:ASE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Asseco South Eastern Europe SA (WAR:ASE) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

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Address

ul. Branickiego 13, Warszawa, POL, 02-972

Website

http://www.asseco.com

Asseco South Eastern Europe SA along with its subsidiaries provides implementation, integration and outsourcing services. It conducts business operations in the markets of Poland, South Eastern Europe, and Turkey. Its business is divided into three operating segments. Banking Solutions segment deals with integrated banking systems based on the Oracle and Microsoft platforms, including primarily core banking systems. Payment Solutions is engaged in the sale and maintenance of ATMs and POS terminals (point of sale) as well as in the provision of related support services. Systems Integration segment is engaged in the development of customized IT systems, integration of third-party software and elements of infrastructure, as well as in the sale and installation of hardware solutions.

Asseco South Eastern Europe (WAR:ASE) Headlines

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