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BILL Holdings (BILL Holdings) Debt-to-Equity : 0.48 (As of Dec. 2023)


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What is BILL Holdings Debt-to-Equity?

BILL Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $135 Mil. BILL Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1,776 Mil. BILL Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $3,952 Mil. BILL Holdings's debt to equity for the quarter that ended in Dec. 2023 was 0.48.

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

BILL' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.09   Med: 0.46   Max: 1.1
Current: 0.48

During the past 6 years, the highest Debt-to-Equity Ratio of BILL Holdings was 1.10. The lowest was -0.09. And the median was 0.46.

BILL's Debt-to-Equity is ranked worse than
69.85% of 2222 companies
in the Software industry
Industry Median: 0.21 vs BILL: 0.48

BILL Holdings Debt-to-Equity Historical Data

The historical data trend for BILL Holdings'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.

BILL Holdings Debt-to-Equity Chart

BILL Holdings Annual Data
Trend Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Debt-to-Equity
Get a 7-Day Free Trial - - 0.43 0.46 0.47

BILL Holdings 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 0.46 0.47 0.47 0.46 0.48

Competitive Comparison of BILL Holdings's Debt-to-Equity

For the Software - Application subindustry, BILL Holdings'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.


BILL Holdings's Debt-to-Equity Distribution in the Software Industry

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

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



BILL Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

BILL Holdings's Debt to Equity Ratio for the fiscal year that ended in Jun. 2023 is calculated as

BILL Holdings'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.


BILL Holdings  (NYSE:BILL) 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.


BILL Holdings Debt-to-Equity Related Terms

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


BILL Holdings (BILL Holdings) Business Description

Traded in Other Exchanges
Address
6220 America Center Drive, Suite 100, San Jose, CA, USA, 95022
BILL Holdings Inc is a provider of software-as-a-service, cloud-based payments and spend and expense management products, which allow users to automate accounts payable and accounts receivable transactions, enable businesses to easily connect with their suppliers or customers to do business, eliminate expense reports, manage cash flows and improve back office efficiency. Initial Public Offering and Follow-on Offering.
Executives
Rajesh A. Aji officer: General Counsel & CCO C/O BILL HOLDINGS, INC., 6220 AMERICA CENTER DR., SUITE 100, SAN JOSE CA 95002
Loren Padelford officer: CCO C/O BILL HOLDINGS, INC., 6220 AMERICA CENTER DR., SUITE 100, SAN JOSE CA 95002
Germaine Cota officer: SVP, Finance & Accounting 675 CREEKSIDE DRIVE, CAMPBELL CA 95008
John R. Rettig officer: CFO C/O BILL HOLDINGS, INC., 6220 AMERICA CENTER DR., SUITE 100, SAN JOSE CA 95002
Rene A. Lacerte director, officer: President and CEO C/O BILL HOLDINGS, INC., 6220 AMERICA CENTER DR., SUITE 100, SAN JOSE CA 95002
Scott Wagner director C/O WILSON SONSINI GOODRICH AND ROSATI, 650 PAGE MILL ROAD, PALO ALTO CA 94304
David Hornik director, 10 percent owner 2480 SAND HILL ROAD, SUITE 101, MENLO PARK CA 94025
Alison Wagonfeld director C/O BILL HOLDINGS, INC., 6220 AMERICA CENTER DR., SUITE 100, SAN JOSE CA 95002
Brian Jacobs director
Steven Cakebread director YEXT, INC., ONE MADISON AVE., FIFTH FLOOR, NEW YORK NY 10010
Bora Chung officer: SVP of Products C/O BILL.COM HOLDINGS, INC., 1810 EMBARCADERO ROAD, PALO ALTO CA 94303
Blake Thomas Murray officer: CEO, DivvyPay, LLC C/O BILL.COM HOLDINGS, INC., 6220 AMERICA CENTER DRIVE, SUITE 100, SAN JOSE CA 95002
Tina Reich director C/O BILL HOLDINGS, INC., 6220 AMERICA CENTER DR., SUITE 100, SAN JOSE CA 95002
Aida Alvarez director 5995 PLAZA DRIVE MAIL ST CY20-103, CYPRESS CA 90630
Allison Mnookin director C/O INTUIT, 150 CAMBRIDGE PARK DRIVE, CAMBRIDGE MA 02140