Convergys (Convergys) Debt-to-Equity : 0.13 (As of Jun. 2018)

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What is Convergys Debt-to-Equity?

Convergys's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2018 was $0 Mil. Convergys's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2018 was $178 Mil. Convergys's Total Stockholders Equity for the quarter that ended in Jun. 2018 was $1,350 Mil. Convergys's debt to equity for the quarter that ended in Jun. 2018 was 0.13.

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

CVG's Debt-to-Equity is not ranked ^*
in the Business Services industry.
Industry Median: 0.4
* Ranked among companies with meaningful Debt-to-Equity only.

Convergys Debt-to-Equity Historical Data

The historical data trend for Convergys'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.

Convergys Debt-to-Equity Chart

Convergys Annual Data

Trend

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Debt-to-Equity

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0.10

0.36

0.32

0.27

0.24

Convergys Quarterly Data
	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18
Debt-to-Equity	Get a 7-Day Free Trial															0.26	0.25	0.24	0.25	0.13

Competitive Comparison of Convergys's Debt-to-Equity

For the Specialty Business Services subindustry, Convergys'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.

Convergys's Debt-to-Equity Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Convergys's Debt-to-Equity distribution charts can be found below:

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

Convergys Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Convergys's Debt to Equity Ratio for the fiscal year that ended in Dec. 2017 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
	=	(0.9	+	327.2)	/	1377.7
	=	0.24

Convergys's Debt to Equity Ratio for the quarter that ended in Jun. 2018 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
	=	(0.4	+	177.9)	/	1350.3
	=	0.13

Convergys (NYSE:CVG) 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.

Convergys Debt-to-Equity Related Terms

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

Convergys (Convergys) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Convergys Corp (NYSE:CVG) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.convergys.com

Convergys is an operator of contact centers offering customer-management services. The services include sales, customer services, technical support, customer retention, collection services, and analytics. Convergys provides its services to a wide range of industries, such as utilities, travel and hospitality, automotive, communications and media, technology, financial services, healthcare, retail, and insurance. The revenue stream is North America, and the company relies on just a few contracts for a large part of its sales.

Executives

Andrea J. Ayers	director, officer: President & CEO	STANLEY BLACK & DECKER, IN., 1000 STANLEY DRIVE, NEW BRITAIN CT 06053
Thomas L Monahan	director	2000 PENNSYLVANIA AVE NW, WASHINGTON DC 20006
Joan E Herman	director
Jeffrey H Fox	director	ONE ALLIED DRIVE, LITTLE ROCK AR 72202
Ronald L Nelson	director
Knowling Robert E Jr	director	C/O HEWLETT-PACKARD CO, 3000 HANOVER STREET, PALO ALTO CA 94304
Cheryl K Beebe	director	CORN PRODUCTS INTERNATIONAL INC, 5 WESTBROOK CORPORATE CENTER, WESTCHESTER IL 60154
Marjorie Mary Connelly	officer: COO	2580 PALMER DR, KESWICK VA 22947
Richard F Wallman	director	HONEYWELL, 101 COLUMBIA ROAD, MORRISTOWN NJ 07962
John F Barrett	director
Brian James Delaney	officer: Chief Operating Officer	C/O SERVICESOURCE INTERNATIONAL, INC., 760 MARKET STREET, #400, SAN FRANCISCO CA 94102
Barry Christine Timmins	officer: Senior Vice President	C/O ENDURANCE INTERNATIONAL GROUP 10 CORPORATE DRIVE BURLINGTON MA 01803
Philip A Odeen	director	N/A, N/A OH 45202
Earl C Shanks	officer: CFO	CONVERGYS CORPORATION, 201 EAST FOURTH STREET, CINCINNATI OH 45202
Robert A Lento	officer: Senior Vice President