Cannae Holdings (Cannae Holdings) Debt-to-Equity

: 0.12 (As of Dec. 2023)

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Cannae Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $16.4 Mil. Cannae Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $257.8 Mil. Cannae Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $2,324.5 Mil. Cannae Holdings's debt to equity for the quarter that ended in Dec. 2023 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 Cannae Holdings's Debt-to-Equity or its related term are showing as below:

CNNE' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.07 Med: 0.11 Max: 0.27
Current: 0.12

During the past 9 years, the highest Debt-to-Equity Ratio of Cannae Holdings was 0.27. The lowest was 0.07. And the median was 0.11.

CNNE's Debt-to-Equity is ranked better than
93.38% of 302 companies
in the Restaurants industry
Industry Median: 0.945 vs CNNE: 0.12

Cannae Holdings Debt-to-Equity Historical Data

The historical data trend for Cannae 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.

Cannae Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.27

0.08

0.07

0.11

0.12

Cannae 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															0.11	0.10	0.10	0.11	0.12

Competitive Comparison

For the Restaurants subindustry, Cannae 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.

Cannae Holdings Debt-to-Equity Distribution

For the Restaurants industry and Consumer Cyclical sector, Cannae Holdings's Debt-to-Equity distribution charts can be found below:

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

Cannae Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Cannae Holdings'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
	=	(16.4	+	257.8)	/	2324.5
	=	0.12

Cannae Holdings's Debt to Equity Ratio for the quarter 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
	=	(16.4	+	257.8)	/	2324.5
	=	0.12

Cannae Holdings (NYSE:CNNE) 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.

Cannae Holdings Debt-to-Equity Related Terms

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

Cannae Holdings (Cannae Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Cannae Holdings Inc (NYSE:CNNE) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

CQ2:Germany

Address

1701 Village Center Circle, Las Vegas, NV, USA, 89134

Website

https://www.cannaeholdings.com

Cannae Holdings Inc is a holding company that manages and operates a group of companies and investments. The company's reportable segments are Restaurant Group, Dun & Bradstreet, Sightline, Paysafe, Alight, Corporate and Other Affiliate Elimination.

Executives

Richard N Massey	director	900 S. SHACKLEFORD ROAD, SUITE 401, LITTLE ROCK AR 72211
Curley Charles R Jr.	officer: EVP, General Counsel	1701 VILLAGE CENTER CIRCLE, LAS VEGAS NV 89135
Ryan R. Caswell	officer: President	1701 VILLAGE CENTER CIRCLE, LAS VEGAS NV 89134
Peter T Sadowski	officer: EVP, Chief Legal Officer	FIDELITY NATIONAL FINANCIAL, INC., 601 RIVERSIDE AVENUE, JACKSONVILLE FL 32204
Barry B Moullet	director	1701 VILLAGE CENTER CIRCLE, LAS VEGAS NV 89134
Bryan D. Coy	officer: Chief Financial Officer	1701 VILLAGE CENTER CIRCLE, LAS VEGAS NV 89134
David Aung	director	601 RIVERSIDE AVENUE, JACKSONVILLE FL 32204
Frank R Martire	director	CANNAE HOLDING, INC., 1701 VILLAGE CENTER CIRCLE, LAS VEGAS NV 89134
Michael L Gravelle	officer: EVP, Corp. Sect'y & Genl. Coun	601 RIVERSIDE AVENUE, JACKSONVILLE FL 32204
Brent B Bickett	officer: President	FIDELITY NATIONAL FINANCIAL, INC., 601 RIVERSIDE AVENUE, JACKSONVILLE FL 32204
Richard L. Cox	officer: Executive Vice President	601 RIVERSIDE AVENUE, JACKSONVILLE FL 32204
Frank P Willey	director	1701 VILLAGE CENTER CIRCLE, LAS VEGAS NV 18934
Erika Meinhardt	director	1701 VILLAGE CENTER CIRCLE, LAS VEGAS NV 89134
Hugh R Harris	director	1701 VILLAGE CENTER CIRCLE, LAS VEGAS NV 89134
Mark David Linehan	director	5330 DEBBIE ROAD, SUITE 100, SANTA BARBARA CA 93111