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Exela Technologies (Exela Technologies) Debt-to-Equity

: -1.30 (As of Dec. 2023)
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Exela Technologies's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $46 Mil. Exela Technologies's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1,063 Mil. Exela Technologies's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $-856 Mil. Exela Technologies's debt to equity for the quarter that ended in Dec. 2023 was -1.30.

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

XELA' s Debt-to-Equity Range Over the Past 10 Years
Min: -133.74   Med: -1.98   Max: -1.3
Current: -1.3

During the past 10 years, the highest Debt-to-Equity Ratio of Exela Technologies was -1.30. The lowest was -133.74. And the median was -1.98.

XELA's Debt-to-Equity is not ranked
in the Software industry.
Industry Median: 0.21 vs XELA: -1.30

Exela Technologies Debt-to-Equity Historical Data

The historical data trend for Exela 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.

Exela Technologies Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.11 -1.77 -1.98 -1.43 -1.30

Exela 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 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 -1.43 -1.46 -1.37 -1.36 -1.30

Competitive Comparison

For the Software - Application subindustry, Exela 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.


Exela Technologies Debt-to-Equity Distribution

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

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



Exela Technologies Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Exela Technologies's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Exela Technologies'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.


Exela Technologies  (NAS:XELA) 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.


Exela Technologies Debt-to-Equity Related Terms

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


Exela Technologies (Exela Technologies) Business Description

Traded in Other Exchanges
N/A
Address
2701 East Grauwyler Road, Irving, TX, USA, 75061
Exela Technologies Inc is a location-agnostic business process automation (BPA) leader combining industry specific and multi industry enterprise software and solutions. The company's BPA suite of solutions is deployed in banking, healthcare, insurance, and other industries. The company's segment includes Information and Transaction Processing Solutions (ITPS), Healthcare Solutions (HS), and Legal and Loss Prevention Services (LLPS). It generates maximum revenue from the ITPS segment.
Executives
Matt Brown officer: Interim CFO 2701 E. GRAUWYLER RD., IRVING TX 75061
Shrikant Sortur officer: Senior VP, Global Finance 42579 BEECHWOOD DR, STERLING HEIGHTS MI 48314
Srinivasan Murali officer: President, Americas and APAC C/O EXELA TECHNOLOGIES, INC., 2701 E. GRAUWLER RD., IRVING TX 75038
Vitalie Robu officer: President, EMEA C/O EXELA TECHNOLOGIES, INC., 2701 E. GRAUWYLER RD., IRVING TX 75038
Mark D. Fairchild officer: President, Europe 2701 E. GRAUWYLER ROAD, IRVING TX 75061
William L Transier director 3505 W SAM HOUSTON PKWY NORTH, SUITE 400, HOUSTON TX 77043
Par Chadha director, 10 percent owner
Marc A Beilinson director 10100 SANTA MONICA BLVD STE. 1100, LOS ANGELES CA 90067
Sharon Chadha director, 10 percent owner 3003 PENNSYLVANIA AVENUE, SANTA MONICA CA 90404
Apollo Management Holdings Gp, Llc 10 percent owner 9 W. 57TH STREET, 43RD FLOOR, NEW YORK NY 10019
Delos Capital Management, Lp 10 percent owner 120 FIFTH AVENUE, THIRD FLOOR, NEW YORK NY 10011
Delos Investment Fund, Lp 10 percent owner 120 FIFTH AVENUE, 3RD FLOOR, NEW YORK NY 10011
Matthew Constantino 10 percent owner 120 FIFTH AVENUE, 3RD FLOOR, NEW YORK NY 10011
Clark Coley director 4055 VALLEY VIEW LANE, SUITE 1000, DALLAS TX 75244
Martin P. Akins director ONE EXPRESS WAY, ST. LOUIS MO 63121