TTEC Holdings (TTEC Holdings) Debt-to-Equity

: 1.89 (As of Dec. 2023)

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TTEC Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $38 Mil. TTEC Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1,092 Mil. TTEC Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $599 Mil. TTEC Holdings's debt to equity for the quarter that ended in Dec. 2023 was 1.89.

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

TTEC' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.22 Med: 1.04 Max: 1.9
Current: 1.89

During the past 13 years, the highest Debt-to-Equity Ratio of TTEC Holdings was 1.90. The lowest was 0.22. And the median was 1.04.

TTEC's Debt-to-Equity is ranked worse than
92.89% of 2222 companies
in the Software industry
Industry Median: 0.21 vs TTEC: 1.89

TTEC Holdings Debt-to-Equity Historical Data

The historical data trend for TTEC Holdings'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.

TTEC Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

1.11

1.19

1.72

1.90

1.89

TTEC Holdings 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																1.90	1.75	1.68	1.88	1.89

Competitive Comparison

For the Information Technology Services subindustry, TTEC Holdings'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.

TTEC Holdings Debt-to-Equity Distribution

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

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

TTEC Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

TTEC Holdings'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
	=	(38.271	+	1091.809)	/	598.635
	=	1.89

TTEC Holdings'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
	=	(38.271	+	1091.809)	/	598.635
	=	1.89

TTEC Holdings (NAS:TTEC) 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.

TTEC Holdings Debt-to-Equity Related Terms

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TTEC Holdings (TTEC Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » TTEC Holdings Inc (NAS:TTEC) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

TH1:Germany TH1:Germany

Address

9197 South Peoria Street, Englewood, CO, USA, 80112

Website

https://www.ttec.com

TTEC Holdings Inc provides customer engagement management tools and services. The company operates through four operating segments that are organized into two groups, TTEC Digital and TTEC Engage. TTEC Digital is engaged in building and implementing cloud-based and on-premises customer experience tools that enable clients to develop customer engagement strategies. TTEC Engage focuses on delivering sales and marketing solutions to help clients boost their revenue as well as on managing customer's front-to-back office processes to optimize the customer experience. TTEC Engage contributes the vast majority of the company's revenue, and most of the sales are derived from the United States and Canada, followed by Philippines, Asia-Pacific and India.

Executives

Marc Holtzman	director	600 SEVENTEENTH STREET, SUITE 2800, DENVER CO 80202
Francois Bourret	officer: Interim CFO	9197 S. PEORIA ST., ENGLEWOOD CO 80112
David J. Seybold	officer: CEO, TTEC Digital	9197 S. PEORIA ST., ENGLEWOOD CO 80112
Michelle R Swanback	officer: CEO, TTEC Engage	7001 EAST BELLEVIEW AVENUE, DENVER CO 80237
Gregory A Conley	director	9197 S. PEORIA ST., ENGLEWOOD CO 80112
Margaret B Mclean	officer: SVP, GC, CRO & Corp. Sec.	9191 SOUTH JAMAICA STREET, ENGLEWOOD CO 80112
Dustin J. Semach	officer: Chief Financial Officer	1 FANATICAL PLACE, CITY OF WINDCREST, SAN ANTONIO TX 78218
Kenneth D Tuchman	director, 10 percent owner, officer: CEO & Chairman of the Board	C/O MARGARET MCLEAN, TTEC HOLDINGS INC, 9197 SOUTH PEORIA STREET, ENGLEWOOD CO 80112
Robert N Frerichs	director	C/O TTEC HOLDINGS, INC., 9197 S. PEORIA ST., ENGLEWOOD CO 80112
Gina Loften	director	9197 S. PEORIA ST., ENGLEWOOD CO 80112
George Demou	officer: President, TTEC Digital	9197 S. PEORIA ST., ENGLEWOOD CO 80112
Richard Sean Erickson	officer: SVP, Global Head-TTEC Engage	9197 S. PEORIA ST., ENGLEWOOD CO 80112
Judi Hand	officer: EVP, Chief Sales Officer	9197 S. PEORIA STREET, ENGLEWOOD CO 80112
Martin F Deghetto	officer: EVP, Global Operations	9197 SOUTH PEORIA STREET, ENGLEWOOD CO 80112
Tracy L Bahl	director