Alithya Group (TSX:ALYA) Debt-to-Equity : 0.79 (As of Dec. 2023)

View and export this data going back to 2018. Start your Free Trial

What is Alithya Group Debt-to-Equity?

Alithya Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$16.1 Mil. Alithya Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$119.1 Mil. Alithya Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was C$172.0 Mil. Alithya Group's debt to equity for the quarter that ended in Dec. 2023 was 0.79.

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

TSX:ALYA' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.14 Med: 0.61 Max: 1.33
Current: 0.79

During the past 7 years, the highest Debt-to-Equity Ratio of Alithya Group was 1.33. The lowest was 0.14. And the median was 0.61.

TSX:ALYA's Debt-to-Equity is ranked worse than
80.69% of 2222 companies
in the Software industry
Industry Median: 0.21 vs TSX:ALYA: 0.79

Alithya Group Debt-to-Equity Historical Data

The historical data trend for Alithya Group'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.

Alithya Group Debt-to-Equity Chart

Alithya Group Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

Get a 7-Day Free Trial

0.19

0.52

0.65

0.64

0.78

Alithya Group 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															0.73	0.78	0.80	0.85	0.79

Competitive Comparison of Alithya Group's Debt-to-Equity

For the Information Technology Services subindustry, Alithya Group'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.

Alithya Group's Debt-to-Equity Distribution in the Software Industry

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

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

Alithya Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Alithya Group's Debt to Equity Ratio for the fiscal year that ended in Mar. 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
	=	(16.681	+	129.025)	/	187.068
	=	0.78

Alithya Group'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
	=	(16.125	+	119.104)	/	171.971
	=	0.79

Alithya Group (TSX:ALYA) 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.

Alithya Group Debt-to-Equity Related Terms

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

Alithya Group (TSX:ALYA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Alithya Group Inc (TSX:ALYA) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

ALYA:USA 0QZ:Germany

Address

1100 Robert-Bourassa Boulevard, Suite 400, Montreal, QC, CAN, H3B 3A5

Website

https://www.alithya.com

Alithya Group Inc is a leader in Strategy and digital transformation, with professionals in Canada, us, and Europe. Its integrated offering is laid out as follows: Strategy, custom solutions, Microsoft solutions, and Oracle solutions. Clients entrust the company with their strategic projects across Banking, Investment and Insurance, Energy, Manufacturing, Retail and Distribution, Telecommunications, Transportation, Professional Services, Healthcare, and Government sectors. Geographically, it derives a majority of its revenue from Canada. The company's services include digital transformation, enterprise technology, solution development, project management, infrastructure management, and others.

Alithya Group (TSX:ALYA) Headlines

No Headlines