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Automatic Data Processing Debt-to-Equity

: 0.37 (As of Jun. 2019)
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Automatic Data Processing's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2019 was $0 Mil. Automatic Data Processing's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2019 was $2,002 Mil. Automatic Data Processing's Total Stockholders Equity for the quarter that ended in Jun. 2019 was $5,400 Mil. Automatic Data Processing's debt to equity for the quarter that ended in Jun. 2019 was 0.37.

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.

NAS:ADP' s Debt-to-Equity Range Over the Past 10 Years
Min: 0   Max: 0.5
Current: 0.37

0
0.5

During the past 13 years, the highest Debt-to-Equity Ratio of Automatic Data Processing was 0.50. The lowest was 0.00. And the median was 0.15.

NAS:ADP's Debt-to-Equity is ranked higher than
59% of the 456 Companies
in the Business Services industry.

( Industry Median: 0.49 vs. NAS:ADP: 0.37 )

Automatic Data Processing Debt-to-Equity Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

Automatic Data Processing Annual Data
Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19
Debt-to-Equity Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.45 0.50 0.42 0.37

Automatic Data Processing Quarterly Data
Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19
Debt-to-Equity 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 Premium Member Only Premium Member Only Premium Member Only 0.42 0.43 0.42 0.38 0.37

Competitive Comparison
* 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.


Automatic Data Processing Debt-to-Equity Distribution

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



Automatic Data Processing Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Automatic Data Processing's Debt to Equity Ratio for the fiscal year that ended in Jun. 2019 is calculated as

Automatic Data Processing's Debt to Equity Ratio for the quarter that ended in Jun. 2019 is calculated as

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Automatic Data Processing  (NAS:ADP) 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.


Automatic Data Processing Debt-to-Equity Related Terms


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