Citrix Systems (Citrix Systems) Debt-to-Equity : 4.21 (As of Jun. 2022)

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What is Citrix Systems Debt-to-Equity?

Citrix Systems's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2022 was $100 Mil. Citrix Systems's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2022 was $3,367 Mil. Citrix Systems's Total Stockholders Equity for the quarter that ended in Jun. 2022 was $824 Mil. Citrix Systems's debt to equity for the quarter that ended in Jun. 2022 was 4.21.

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

CTXS's Debt-to-Equity is not ranked ^*
in the Software industry.
Industry Median: 0.21
* Ranked among companies with meaningful Debt-to-Equity only.

Citrix Systems Debt-to-Equity Historical Data

The historical data trend for Citrix Systems'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.

Citrix Systems Debt-to-Equity Chart

Citrix Systems Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Debt-to-Equity

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2.14

3.39

1.14

17.20

6.38

Citrix Systems Quarterly Data
	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22
Debt-to-Equity	Get a 7-Day Free Trial															12.52	8.78	6.38	5.24	4.21

Competitive Comparison of Citrix Systems's Debt-to-Equity

For the Software - Application subindustry, Citrix Systems'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.

Citrix Systems's Debt-to-Equity Distribution in the Software Industry

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

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

Citrix Systems Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Citrix Systems'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
	=	(0	+	3492.341)	/	547.257
	=	6.38

Citrix Systems's Debt to Equity Ratio for the quarter that ended in Jun. 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
	=	(99.966	+	3366.905)	/	824.356
	=	4.21

Citrix Systems (NAS:CTXS) 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.

Citrix Systems Debt-to-Equity Related Terms

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

Citrix Systems (Citrix Systems) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Citrix Systems Inc (NAS:CTXS) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

851 West Cypress Creek Road, Fort Lauderdale, FL, USA, 33309

Website

https://www.citrix.com

Citrix Systems provides virtualization software, including Virtual Apps and Desktops for desktop virtualization and Citrix Virtual Apps for application virtualization. The company also provides Citrix Endpoint Management for mobile device management and Citrix ADC for application delivery and Citrix SDWAN for routing, security, and WAN monitoring.

Executives

Jason Alexander Smith	officer: EVP & Chief Financial Officer	C/O CITRIX SYSTEMS, INC., 851 WEST CYPRESS CREEK ROAD, FORT LAUDERDALE FL 33309
Michael Arenth	officer: EVP, SaaS Strategy	C/O CITRIX SYSTEMS, INC., 851 WEST CYPRESS CREEK ROAD, FORT LAUDERDALE FL 33309
David J Henshall	officer: Senior Vice President and CFO	18880 HOMESTEAD ROAD, CUPERTINO CA 95014
Sridhar Mullapudi	officer: EVP, Product Management	C/O CITRIX SYSTEMS, INC., 851 WEST CYPRESS CREEK ROAD, FORT LAUDERDALE FL 33309
Arlen Shenkman	officer: EVP & CFO	C/O CITRIX SYSTEMS, INC., 851 WEST CYRESS CREEK ROAD, FORT LAUDERDALE FL 33309
Mark J Ferrer	officer: EVP, Chief Revenue Officer	45025 AVIATION DR, STE 300, DULLES VA 20166
Mark J. Schmitz	officer: EVP & Chief Operating Officer	C/O CITRIX SYSTEMS, INC., 851 WEST CYPRESS CREEK ROAD, FORT LAUDERDALE FL 33309
Timothy A. Minahan	officer: CMO	13960 HAYSTACK LANE, MILTON GA 30004
Hector Lima	officer: EVP, Customer Experience	C/O CITRIX SYSTEMS, INC., 851 WEST CYPRESS CREEK ROAD, FORT LAUDERDALE FL 33309
Antonio G. Gomes	officer: SVP & General Counsel	345 HARVARD STREET, UNIT 2AB, CAMBRIDGE MA 02138
Paul J. Hough	officer: SVP & Chief Product Officer	851 WEST CYPRESS CREEK ROAD, FORT LAUDERDALE FL 33309
Jessica Soisson	officer: VP & Corporate Controller	9836 EQUUS CIRCLE, BOYNTON BEACH FL 33472
W. Joseph Kim	officer: EVP & Chief Technology Officer	7171, AUSTIN TX 78735-6140
Donna Nappen Kimmel	officer: SVP & Chief People Officer	529 PLEASANT STREET, MS B-7, ATTLEBORO MA 02703
Knowling Robert E Jr	director	C/O HEWLETT-PACKARD CO, 3000 HANOVER STREET, PALO ALTO CA 94304