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i3 Verticals (i3 Verticals) Debt-to-Equity : 1.62 (As of Dec. 2023)


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What is i3 Verticals Debt-to-Equity?

i3 Verticals's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $95.1 Mil. i3 Verticals's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $297.2 Mil. i3 Verticals's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $242.7 Mil. i3 Verticals's debt to equity for the quarter that ended in Dec. 2023 was 1.62.

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 i3 Verticals's Debt-to-Equity or its related term are showing as below:

IIIV' s Debt-to-Equity Range Over the Past 10 Years
Min: -30.92   Med: 1.37   Max: 35.23
Current: 1.62

During the past 8 years, the highest Debt-to-Equity Ratio of i3 Verticals was 35.23. The lowest was -30.92. And the median was 1.37.

IIIV's Debt-to-Equity is ranked worse than
91.18% of 2222 companies
in the Software industry
Industry Median: 0.21 vs IIIV: 1.62

i3 Verticals Debt-to-Equity Historical Data

The historical data trend for i3 Verticals'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.

i3 Verticals Debt-to-Equity Chart

i3 Verticals Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Debt-to-Equity
Get a 7-Day Free Trial 1.74 0.58 1.05 1.40 1.69

i3 Verticals 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 1.83 1.81 1.82 1.69 1.62

Competitive Comparison of i3 Verticals's Debt-to-Equity

For the Software - Infrastructure subindustry, i3 Verticals'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.


i3 Verticals's Debt-to-Equity Distribution in the Software Industry

For the Software industry and Technology sector, i3 Verticals's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where i3 Verticals's Debt-to-Equity falls into.



i3 Verticals Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

i3 Verticals's Debt to Equity Ratio for the fiscal year that ended in Sep. 2023 is calculated as

i3 Verticals'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.


i3 Verticals  (NAS:IIIV) 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.


i3 Verticals Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of i3 Verticals's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


i3 Verticals (i3 Verticals) Business Description

Traded in Other Exchanges
Address
40 Burton Hills Boulevard, Suite 415, Nashville, TN, USA, 37215
i3 Verticals Inc offers integrated payment and software solutions to small and medium-sized businesses and organizations in strategic vertical markets. Its operating segment includes Merchant Services and Software and Services. The company generates maximum revenue from the Software and Services segment. The company's strategic vertical market includes schools, the public sector, not-for-profit organizations, healthcare and others. It provides various solutions such as, gateway, payment processing, online payment, Document management, and ERP among others.
Executives
Timothy Mckenna director 40 BURTON HILLS BOULEVARD, SUITE 415, NASHVILLE TN 37215
Gregory S Daily director, 10 percent owner, officer: Chief Executive Officer 40 BURTON HILLS BOULEVARD, SUITE 415, NASHVILLE TN 37215
David K. Morgan director 40 BURTON HILLS BOULEVARD, SUITE 415, NASHVILLE TN 37215
Christopher Laisure officer: President - Public Sector 40 BURTON HILLS BLVD., SUITE 415, NASHVILLE TN 37215
Paul Christians officer: Chief Operating Officer 40 BURTON HILLS BLVD., SUITE 415, NASHVILLE TN 37215
Pete Panagakis officer: Chief Technology Officer 40 BURTON HILLS BLVD., SUITE 415, NASHVILLE TN 37215
Robert Bertke officer: Chief Technology Officer 40 BURTON HILLS BOULEVARD, SUITE 415, NASHVILLE TN 37215
Decosta Jenkins director 150 THIRD AVENUE SOUTH STE 900, NASHVILLE TN 37201
Frederick Stanford officer: President 40 BURTON HILLS BOULEVARD, SUITE 415, NASHVILLE TN 37215
Geoffrey C. Smith officer: VP of Finance 40 BURTON HILLS BLVD., SUITE 415, NASHVILLE TN 37215
Robert Burton Harvey director 40 BURTON HILLS BOULEVARD, SUITE 415, NASHVILLE TN 37215
John C. Harrison director 40 BURTON HILLS BOULEVARD, SUITE 415, NASHVILLE TN 37215
David M Wilds director, 10 percent owner 40 BURTON HILLS BOULEVARD, SUITE 415, NASHVILLE TN 37215
David Scott Meriwether officer: SVP - Finance 40 BURTON HILLS BOULEVARD, SUITE 415, NASHVILLE TN 37215
First Avenue Partners Ii Lp 10 percent owner C/O I3 VERTICALS, INC., 40 BURTON HILLS BLVD., SUITE 415, NASHVILLE TN 37215