Roper Technologies (LTS:0KXM) Debt-to-Equity : 0.37 (As of Dec. 2023)

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What is Roper Technologies Debt-to-Equity?

Roper Technologies's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $543 Mil. Roper Technologies's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $5,831 Mil. Roper Technologies's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $17,445 Mil. Roper Technologies's debt to equity for the quarter that ended in Dec. 2023 was 0.37.

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

LTS:0KXM' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.37 Med: 0.63 Max: 1.07
Current: 0.37

During the past 13 years, the highest Debt-to-Equity Ratio of Roper Technologies was 1.07. The lowest was 0.37. And the median was 0.63.

LTS:0KXM's Debt-to-Equity is ranked worse than
63.19% of 2222 companies
in the Software industry
Industry Median: 0.21 vs LTS:0KXM: 0.37

Roper Technologies Debt-to-Equity Historical Data

The historical data trend for Roper Technologies'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.

Roper Technologies Debt-to-Equity Chart

Roper Technologies Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.56

0.92

0.69

0.42

0.37

Roper Technologies 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															0.42	0.41	0.40	0.40	0.37

Competitive Comparison of Roper Technologies's Debt-to-Equity

For the Software - Application subindustry, Roper Technologies'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.

Roper Technologies's Debt-to-Equity Distribution in the Software Industry

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

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

Roper Technologies Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Roper Technologies'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
	=	(542.8	+	5830.6)	/	17444.8
	=	0.37

Roper Technologies'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
	=	(542.8	+	5830.6)	/	17444.8
	=	0.37

Roper Technologies (LTS:0KXM) 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.

Roper Technologies Debt-to-Equity Related Terms

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

Roper Technologies (LTS:0KXM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Roper Technologies Inc (LTS:0KXM) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

ROP:USA EG:Mexico ROP:Germany R1OP34:Brazil

Address

6901 Professional Parkway East, Suite 200, Sarasota, FL, USA, 34240

Website

https://www.ropertech.com

Roper is a diversified technology company that operates through three segments: application software; network software and systems; and technology enabled products. The firm's culture emphasizes acquiring asset-light, cash-generative businesses. Roper then reinvests this excess cash in businesses that yield incrementally higher rates of return. While the businesses are managed in a decentralized manner, Roper does not passively manage its portfolio. Instead, Roper manages its businesses through the Socratic method and empowers decision-makers through group executive coaching. Roper has now rotated a clear majority of its business from legacy industrial products into technology software in mature, niche markets with large quantities of deferred revenue.

Roper Technologies (LTS:0KXM) Headlines

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