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Amdocs (Amdocs) Debt-to-Equity : 0.23 (As of Dec. 2023)


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What is Amdocs Debt-to-Equity?

Amdocs's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $41 Mil. Amdocs's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $763 Mil. Amdocs's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $3,560 Mil. Amdocs's debt to equity for the quarter that ended in Dec. 2023 was 0.23.

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

DOX' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03   Med: 0.23   Max: 0.29
Current: 0.23

During the past 13 years, the highest Debt-to-Equity Ratio of Amdocs was 0.29. The lowest was 0.03. And the median was 0.23.

DOX's Debt-to-Equity is ranked worse than
51.24% of 2221 companies
in the Software industry
Industry Median: 0.21 vs DOX: 0.23

Amdocs Debt-to-Equity Historical Data

The historical data trend for Amdocs'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.

Amdocs Debt-to-Equity Chart

Amdocs Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.29 0.25 0.24 0.23

Amdocs 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.23 0.22 0.22 0.23 0.23

Competitive Comparison of Amdocs's Debt-to-Equity

For the Software - Infrastructure subindustry, Amdocs'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.


Amdocs's Debt-to-Equity Distribution in the Software Industry

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

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



Amdocs Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Amdocs's Debt to Equity Ratio for the fiscal year that ended in Sep. 2023 is calculated as

Amdocs's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

* 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.


Amdocs  (NAS:DOX) 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.


Amdocs Debt-to-Equity Related Terms

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


Amdocs (Amdocs) Business Description

Traded in Other Exchanges
Address
625 Maryville Centre Drive, Suite 200, Saint Louis, MO, USA, 63141
Amdocs Ltd is a provider of software and services to communications, cable and satellite, entertainment, and media industry service providers. The Company and its subsidiaries operate in one operating segment, providing software products and services for the communications, entertainment and media industry service being designed, develop, market, support, implement, and operate its open and modular cloud offering. The company offers business support systems, operational support systems, and managed services. Geographically, it derives a majority of revenue from North America and also has a presence in Europe and the Rest of the world.