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NetScout Systems (NetScout Systems) Debt-to-Equity : 0.08 (As of Dec. 2023)


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What is NetScout Systems Debt-to-Equity?

NetScout Systems's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $12.0 Mil. NetScout Systems's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $140.9 Mil. NetScout Systems's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $1,903.9 Mil. NetScout Systems's debt to equity for the quarter that ended in Dec. 2023 was 0.08.

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

NTCT' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.08   Med: 0.17   Max: 0.3
Current: 0.08

During the past 13 years, the highest Debt-to-Equity Ratio of NetScout Systems was 0.30. The lowest was 0.08. And the median was 0.17.

NTCT's Debt-to-Equity is ranked better than
69.85% of 2222 companies
in the Software industry
Industry Median: 0.21 vs NTCT: 0.08

NetScout Systems Debt-to-Equity Historical Data

The historical data trend for NetScout Systems'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.

NetScout Systems Debt-to-Equity Chart

NetScout Systems Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.27 0.27 0.21 0.20 0.08

NetScout Systems 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 0.13 0.08 0.08 0.08 0.08

Competitive Comparison of NetScout Systems's Debt-to-Equity

For the Software - Infrastructure subindustry, NetScout Systems'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.


NetScout Systems's Debt-to-Equity Distribution in the Software Industry

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

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



NetScout Systems Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

NetScout Systems's Debt to Equity Ratio for the fiscal year that ended in Mar. 2023 is calculated as

NetScout Systems'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.


NetScout Systems  (NAS:NTCT) 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.


NetScout Systems Debt-to-Equity Related Terms

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


NetScout Systems (NetScout Systems) Business Description

Traded in Other Exchanges
Address
310 Littleton Road, Westford, MA, USA, 01886-4105
NetScout Systems Inc is a provider of service assurance and cybersecurity solutions to enterprise and government networks. It bases its solutions on proprietary adaptive service intelligence technology, which helps customers monitor and identify performance issues and provides insight into network-based security threats. These solutions also deliver real-time and historical information, which provides insight to restore service and understand the quality of user experience. The company derives revenue primarily from the sale of network management tools and security solutions. Its geographical regions include USA, Europe, Asia, and Rest of the World.
Executives
Michael Szabados officer: Chief Operating Officer 271 MATTISON DRIVE, CONCORD MA 01742
John Downing officer: SVP, Worldwide Sales Operation 310 LITTLETON ROAD, WESTFORD MA 01886
Hadzima Joseph G Jr director ONE BROADWAY, STE 1300, CAMBRIDGE MA 02142
Jean A Bua officer: See Remarks
Marlene Pelage director C/O NETSCOUT SYSTEMS, INC., 310 LITTLETON ROAD, WESTFORD MA 01886
Shannon Nash director C/O USERTESTING, INC., 144 TOWNSEND STREET, SAN FRANCISCO CA 94107
Vivian M Vitale director
Vincent J Mullarkey director 2 WINGATE LANE, ACTON MA 01720
Susan Louise Spradley director C/O NORTEL NETWORKS, 8200 DIXIE ROAD STE 100, BRAMPTON ONTARIO A6 L6T 5PT
Alfred Grasso director C/O NETSCOUT SYSTEMS, INC., 310 LITTLETON ROAD, WESTFORD MA 01886
Victor Demarines director
Christopher Perretta director C/O STATE STREET CORPORATION, ONE LINCOLN STREET, BOSTON MA 02111
John R Egan director 176 SOUTH ST., HOPKINTON MA 01748
Robert E Donahue director
Anil K Singhal director, officer: Chief Executive Officer C/O NETSCOUT SYTEMS INC, 310 LITTLETON ROAD, WESTFORD MA 01886