Cerner (BSP:C1ER34) Debt-to-Equity : 0.41 (As of Mar. 2022)

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What is Cerner Debt-to-Equity?

Cerner's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2022 was R$0 Mil. Cerner's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2022 was R$8,018 Mil. Cerner's Total Stockholders Equity for the quarter that ended in Mar. 2022 was R$19,450 Mil. Cerner's debt to equity for the quarter that ended in Mar. 2022 was 0.41.

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

BSP:C1ER34' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.04 Med: 0.19 Max: 0.5
Current: 0.41

During the past 13 years, the highest Debt-to-Equity Ratio of Cerner was 0.50. The lowest was 0.04. And the median was 0.19.

BSP:C1ER34's Debt-to-Equity is not ranked
in the Healthcare Providers & Services industry.
Industry Median: 0.49 vs BSP:C1ER34: 0.41

Cerner Debt-to-Equity Historical Data

The historical data trend for Cerner'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.

Cerner Debt-to-Equity Chart

Cerner Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Debt-to-Equity

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0.11

0.09

0.24

0.30

0.50

Cerner Quarterly Data
	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22
Debt-to-Equity	Get a 7-Day Free Trial															0.43	0.46	0.48	0.50	0.41

Competitive Comparison of Cerner's Debt-to-Equity

For the Health Information Services subindustry, Cerner'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.

Cerner's Debt-to-Equity Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Cerner's Debt-to-Equity distribution charts can be found below:

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

Cerner Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Cerner's Debt to Equity Ratio for the fiscal year that ended in Dec. 2021 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
	=	(1272.352	+	9111.492)	/	20812.645
	=	0.50

Cerner's Debt to Equity Ratio for the quarter that ended in Mar. 2022 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
	=	(0	+	8018.488)	/	19450.354
	=	0.41

Cerner (BSP:C1ER34) 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.

Cerner Debt-to-Equity Related Terms

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

Cerner (BSP:C1ER34) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Cerner Corp (BSP:C1ER34) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

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Address

2800 Rock creek Parkway, North Kansas City, MO, USA, 64117

Website

https://www.cerner.com

Cerner is a leading supplier of healthcare information technology solutions and tech-enabled services. The company is a long-standing market leader in the electronic health record industry, and along with rival Epic Systems corners a majority of the market for acute care EHR within health systems. The company is guided by the mission of the founding partners to provide seamless medical records across all healthcare providers to improve outcomes. Beyond medical records, the company offers a wide range of technology that supports the clinical, financial, and operational needs of healthcare facilities.

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