ConvergeOne Holdings (ConvergeOne Holdings) Debt-to-Equity : -4.52 (As of Sep. 2018)

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What is ConvergeOne Holdings Debt-to-Equity?

ConvergeOne Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2018 was $6.7 Mil. ConvergeOne Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2018 was $701.8 Mil. ConvergeOne Holdings's Total Stockholders Equity for the quarter that ended in Sep. 2018 was $-156.7 Mil. ConvergeOne Holdings's debt to equity for the quarter that ended in Sep. 2018 was -4.52.

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

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

ConvergeOne Holdings Debt-to-Equity Historical Data

The historical data trend for ConvergeOne 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.

ConvergeOne Holdings Debt-to-Equity Chart

ConvergeOne Holdings Annual Data

Trend

Dec16

Dec17

Debt-to-Equity

ConvergeOne Holdings Quarterly Data
	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18
Debt-to-Equity	Get a 7-Day Free Trial			-	-	-5.85	-5.46	-4.52

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

For the Information Technology Services subindustry, ConvergeOne 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.

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

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

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

ConvergeOne Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

ConvergeOne Holdings's Debt to Equity Ratio for the fiscal year that ended in Dec. 2017 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	+	0)	/	5
	=	0.00

ConvergeOne Holdings's Debt to Equity Ratio for the quarter that ended in Sep. 2018 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
	=	(6.7	+	701.815)	/	-156.665
	=	-4.52

ConvergeOne Holdings (NAS:CVON) 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.

ConvergeOne Holdings Debt-to-Equity Related Terms

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

ConvergeOne Holdings (ConvergeOne Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » ConvergeOne Holdings Inc (NAS:CVON) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

3344 Highway 149, Eagan, MN, USA, 55121

Website

https://www.convergeone.com

ConvergeOne Holdings Inc provides unified communications, mobility, converged networking, management, server, and storage consolidation services.

Executives

David Boris	director	C/O TRIO MERGER CORP., 777 THIRD AVENUE, 37TH FLOOR, NEW YORK NY 10017
Jose Enrique Feliciano	director, 10 percent owner	C/O CLEARLAKE CAPITAL GROUP, LLC, 650 MADISON AVE., 23RD FLOOR, NEW YORK NY 10022
Jeffrey E Nachbor	officer: Chief Financial Officer	LEAP WIRELESS INTERNATIONAL, INC., 5887 COPLEY DRIVE, SAN DIEGO CA 92111
Behdad Eghbali	director, 10 percent owner	233 WILSHIRE BLVD., SUITE 850, SANTA MONICA CA 90401
Ccg Operations, Llc	10 percent owner	650 MADISON AVENUE, 23RD FLOOR, NEW YORK NY 10022
Clearlake Capital Partners, Llc	10 percent owner	233 WILSHIRE BLVD., SUITE 800, SANTA MONICA CA 90401
Timothy Pawlenty	director	C/O DIGITAL RIVER, INC., 10380 BREN ROAD WEST, MINNETONKA MN 55343-9072
Richard Katzman	director	KAZ INC, 1775 BROADWAY SUITE 2405, NEW YORK NY 10019
Ccp Mm, Llc	director, 10 percent owner	233 WILSHIRE BOULEVARD, SUITE 800, SANTA MONICA CA 90401
Steven Berns	other: Former Director	TRADEWEB MARKETS INC., 1177 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Polar Asset Management Partners Inc.	10 percent owner	16 YORK STREET SUITE 2900, TORONTO A6 M5J 0E6
Jerry Elliott	other: Former Director
Marshall Kiev	other: See Remarks	135 EAST 57TH STREET 8TH FLOOR, NEW YORK NY 10022
Neil Goldberg	other: Former Director	135 EAST 57TH STREET 8TH FLOOR, NEW YORK NY 10022
Stephen A Vogel	other: Former Director	701 BRAZOS STREET, SUITE 1200, AUSTIN TX 78701