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ScanSource (ScanSource) Debt-to-Equity

: 0.18 (As of Dec. 2023)
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ScanSource's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $8 Mil. ScanSource's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $161 Mil. ScanSource's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $954 Mil. ScanSource's debt to equity for the quarter that ended in Dec. 2023 was 0.18.

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

SCSC' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01   Med: 0.26   Max: 0.44
Current: 0.18

During the past 13 years, the highest Debt-to-Equity Ratio of ScanSource was 0.44. The lowest was 0.01. And the median was 0.26.

SCSC's Debt-to-Equity is ranked better than
62.9% of 2194 companies
in the Hardware industry
Industry Median: 0.28 vs SCSC: 0.18

ScanSource Debt-to-Equity Historical Data

The historical data trend for ScanSource'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.

Array ( [0] => - [1] => - [2] => - [3] => - [4] => - [5] => 0.36 [6] => 0.36 [7] => 0.22 [8] => 0.36 [9] => 0.38 )
ScanSource Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Debt-to-Equity
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.36 0.36 0.22 0.36 0.38

ScanSource 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 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 Premium Member Only Premium Member Only Premium Member Only 0.44 0.35 0.38 0.27 0.18

Competitive Comparison

For the Electronics & Computer Distribution subindustry, ScanSource'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.


ScanSource Debt-to-Equity Distribution

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

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



ScanSource Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

ScanSource'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.


ScanSource  (NAS:SCSC) 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.


ScanSource Debt-to-Equity Related Terms

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


ScanSource (ScanSource) Business Description

Traded in Other Exchanges
Address
6 Logue Court, Greenville, SC, USA, 29615
ScanSource Inc provides value-added services for technology manufacturers and sells to resellers in specialty technology markets. The firm's operations are organized in two segments: Specialty Technology Solutions and Modern Communications and Cloud. It generates maximum revenue from the Specialty Technology Solutions segment. The Specialty Technology Solutions segment includes the Company's business in mobility and barcode, POS, payments, security and networking technologies. Geographically, it derives a majority of revenue from the United States.
Executives
Michael L Baur officer: President and CEO 6 LOGUE COURT, GREENVILLE SC 29615
Peter C Browning director GMS INC., 100 CRESCENT CENTRE PARKWAY, SUITE 800, TUCKER GA 30084
Brandy Ford officer: SVP & Chief Accounting Officer 6 LOGUE COURT, GREENVILLE SC 29615
John Charles Eldh officer: Sr. EVP & Chief Revenue Off. 6 LOGUE COURT, GREENVILLE SC 29615
Vernon J Nagel director 1330 W. FULTON STREET, SUITE 350, CHICAGO IL 60607
Shana C Smith officer: Sr. EVP & Chief Legal Officer 1875 EXPLORER ST SUITE 800, RESTON VA 20190
Charles R Whitchurch director 143 FULLER LANE, WINNDKER IL 60093
Charles Alexander Mathis officer: Vice-President & CFO 627 ISLAND PARK DRIVE, DANIEL ISLAND SC 29492
Rachel Hayden officer: Senior Executive VP & CIO 6 LOGUE COURT, GREENVILLE SC 29615
Michael J Grainger director C/O INGRAM MICRO INC WORLD WIDE L, 1600 E ST ANDREW PLACE, SANTA ANA CA 92705
Stephen Jones officer: Sr. EVP & CFO 6 LOGUE COURT, GREENVILLE SC 29615
Emory Frank Edward Jr. director 2809 SHARON VIEW ROAD, CHARLOTTE NC 28210
Jeffrey R Rodek director 4151 GULF SHORE BLVD N, PH2, NAPLES FL 34103
Matthew Dean officer: VP and General Counsel 101 LEDGESTONE WAY, GREER SC 29651
Gerald Lyons officer: SVP & Principal Acctg Officer 6 LOGUE CT., GREENVILLE SC 29615

ScanSource (ScanSource) Headlines

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ScanSource Announces Appointment of Chief Legal Officer

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