CDK Global (CDK Global) Debt-to-Equity : 4.13 (As of Mar. 2022)

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What is CDK Global Debt-to-Equity?

CDK Global's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2022 was $10 Mil. CDK Global's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2022 was $1,778 Mil. CDK Global's Total Stockholders Equity for the quarter that ended in Mar. 2022 was $433 Mil. CDK Global's debt to equity for the quarter that ended in Mar. 2022 was 4.13.

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

CDK' s Debt-to-Equity Range Over the Past 10 Years
Min: -184.67 Med: 0.01 Max: 14.6
Current: 4.13

During the past 11 years, the highest Debt-to-Equity Ratio of CDK Global was 14.60. The lowest was -184.67. And the median was 0.01.

CDK's Debt-to-Equity is not ranked
in the Software industry.
Industry Median: 0.21 vs CDK: 4.13

CDK Global Debt-to-Equity Historical Data

The historical data trend for CDK Global'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.

CDK Global Debt-to-Equity Chart

CDK Global Annual Data

Trend

Jun12

Jun13

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Debt-to-Equity

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-29.43

-7.18

-4.02

-4.49

3.31

CDK Global 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															4.64	3.31	3.56	4.53	4.13

Competitive Comparison of CDK Global's Debt-to-Equity

For the Software - Application subindustry, CDK Global'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.

CDK Global's Debt-to-Equity Distribution in the Software Industry

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

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

CDK Global Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

CDK Global's Debt to Equity Ratio for the fiscal year that ended in Jun. 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
	=	(7.1	+	1586.5)	/	480.8
	=	3.31

CDK Global'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
	=	(10.2	+	1777.6)	/	432.8
	=	4.13

CDK Global (NAS:CDK) 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.

CDK Global Debt-to-Equity Related Terms

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

CDK Global (CDK Global) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » CDK Global Inc (NAS:CDK) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

1950 Hassell Road, Hoffman Estates, IL, USA, 60169

Website

https://www.cdkglobal.com

CDK Global Inc provides integrated information technology solutions to the automotive retail and adjacent industries in North America. The company's solutions connect people with technology by automating and integrating all parts of the dealership and buying process, including the acquisition, sale, financing, insuring, parts supply, repair, and maintenance of vehicles. It generates maximum revenue from subscriptions.

Executives

Lee J. Brunz	officer: General Counsel and Secretary	C/O CDK GLOBAL, INC. 1950 HASSELL RD. HOFFMAN ESTATES IL 60169
Neil B Fairfield	officer: VP, Corporate Controller & CAO	200 N. MILWAUKEE AVENUE, VERNON HILLS IL 60061
Eric Guerin	officer: EVP, Chief Financial Officer	1950 HASSELL ROAD, HOFFMAN ESTATES IL 60169
Jennifer A. Williams	officer: VP, Corporate Controller & CAO	1950 HASSELL ROAD, HOFFMAN ESTATES IL 60169-6308
Mahesh Shah	officer: Chief Product & Tech. Officer	1950 HASSELL ROAD, HOFFMAN ESTATES IL 60169-6308
Scott W Herbers	officer: EVP, North America Sales	1950 HASSELL ROAD HOFFMAN ESTATES IL 60169-6308
Neil Packham	officer: President, CDK International	1950 HASSELL ROAD HOFFMAN ESTATES IL 60169-6308
Joseph A Tautges	officer: Executive Vice President	CDK GLOBAL, INC. 1950 HASSELL ROAD HOFFMAN ESTATES IL 60169
Brian M Krzanich	director, officer: CEO / President	1210 MACDONALD RANCH ROAD, HENDERSON NV 89012
Rajiv K Amar	officer: Chief Technology Officer	1950 HASSELL ROAD HOFFMAN ESTATES IL 60169-6308
Scott L. Mathews	officer: VP & President, Digital Mktg	C/O CDK GLOBAL, INC. 1950 HASSELL RD. HOFFMAN ESTATES IL 60169
Amy W. Byrne	officer: Chief Human Resources Officer	1950 HASSELL ROAD HOFFMAN ESTATES IL 60169-6308
Brian P Macdonald	director	1735 MARKET STREET, PHILADELPHIA PA 19103
Frey Ronald L Jr	officer: Chief Global Strategy Officer	1950 HASSELL ROAD HOFFMAN ESTATES IL 60169-6308
Stephen A. Miles	director	C/O CDK GLOBAL, INC. 1950 HASSELL RD. HOFFMAN ESTATES IL 60169