Envestnet (Envestnet) Debt-to-Equity

: 1.74 (As of Dec. 2023)

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Envestnet's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $13 Mil. Envestnet's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $977 Mil. Envestnet's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $568 Mil. Envestnet's debt to equity for the quarter that ended in Dec. 2023 was 1.74.

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

ENV' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.55 Med: 0.76 Max: 1.74
Current: 1.74

During the past 13 years, the highest Debt-to-Equity Ratio of Envestnet was 1.74. The lowest was 0.55. And the median was 0.76.

ENV's Debt-to-Equity is ranked worse than
92.04% of 2224 companies
in the Software industry
Industry Median: 0.21 vs ENV: 1.74

Envestnet Debt-to-Equity Historical Data

The historical data trend for Envestnet'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.

Envestnet Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

0.77

0.90

1.01

1.38

1.74

Envestnet 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																1.38	1.43	1.40	1.33	1.74

Competitive Comparison

For the Software - Application subindustry, Envestnet'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.

Envestnet Debt-to-Equity Distribution

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

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

Envestnet Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Envestnet'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
	=	(12.909	+	977.442)	/	568.191
	=	1.74

Envestnet'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
	=	(12.909	+	977.442)	/	568.191
	=	1.74

Envestnet (NYSE:ENV) 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.

Envestnet Debt-to-Equity Related Terms

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

Envestnet (Envestnet) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Envestnet Inc (NYSE:ENV) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

30E:Germany 30E:Germany

Address

1000 Chesterbrook Boulevard, Suite 250, Berwyn, Pennsylvania, IL, USA, 60601

Website

https://www.envestnet.com

Envestnet provides wealth-management technology and solutions to registered investment advisors, banks, broker/dealers, and other firms. Its Tamarac platform provides trading, rebalancing, portfolio accounting, performance reporting, and client relationship management software to high-end RIAs. Envestnet's portfolio management consultants provide research services and consulting services to assist advisors, including vetted third-party managed account products. In November 2015, Envestnet acquired Yodlee, a provider of data aggregation, which is reported in the firm's data and analytics segment. In 2019, Envestnet acquired MoneyGuidePro to bolster its financial planning tools.

Executives

Barry D. Cooper	officer: SVP, Head of Accounting Mgmt.	35 E. WACKER DRIVE, STE 2400, CHICAGO IL 60601
Barbara Turner	director	5320 STONY RUN COURT, LIBERTY TOWNSHIP OH 45011
William Crager	officer: President	489 FIFTH AVENUE, 26TH FLOOR, NEW YORK NY 10017
Matthew Majoros	officer: Principal Accounting Officer	35 E. WACKER DRIVE, SUITE 2400, CHICAGO IL 60601
Shelly O'brien	officer: General Counsel	35 E. WACKER DRIVE, SUITE 2400, CHICAGO IL 60601
Wendy E Lane	director
Lauren Taylor Wolfe	director	3100 CUMBERLAND BOULEVARD, SUITE 1700, ATLANTA GA 30339
Impactive Capital Llc	director	152 WEST 57TH, 17TH FLOOR, NEW YORK CITY NY 10019
Impactive Capital Lp	director	450 WEST 14 STREET, 12TH FLOOR, NEW YORK CITY NY 10014
Christian Asmar	director	152 WEST 57TH STREET, 17TH FLOOR, NEW YORK CITY NY 10019
Stuart Depina	officer: President*	11755 WILSHIRE BLVD., 20TH FLOOR, LOS ANGELES CA 90025
Anil Arora	director	C/O YODLEE, INC., 3600 BRIDGE PARKWAY, 2ND FLOOR, REDWOOD CITY CA 94065
Brandon Thomas	officer: Chief Investment Officer	35 E. WACKER DRIVE, SUITE 2400, CHICAGO IL 60601
Joshua Mayer	officer: Chief Operating Officer	35 EAST WACKER DRIVE, SUITE 2400, CHICAGO IL 60601
Scott D Grinis	officer: Chief Technology Officer	150 MATHILDA PLACE, SUITE 306, SUNNYVALE CA 94086