TELUS International (Cda) (TSX:TIXT) Debt-to-Equity : 0.86 (As of Dec. 2023)

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What is TELUS International (Cda) Debt-to-Equity?

TELUS International (Cda)'s Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$164 Mil. TELUS International (Cda)'s Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$2,184 Mil. TELUS International (Cda)'s Total Stockholders Equity for the quarter that ended in Dec. 2023 was C$2,733 Mil. TELUS International (Cda)'s debt to equity for the quarter that ended in Dec. 2023 was 0.86.

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 TELUS International (Cda)'s Debt-to-Equity or its related term are showing as below:

TSX:TIXT' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.52 Med: 1.21 Max: 2.12
Current: 0.86

During the past 7 years, the highest Debt-to-Equity Ratio of TELUS International (Cda) was 2.12. The lowest was 0.52. And the median was 1.21.

TSX:TIXT's Debt-to-Equity is ranked worse than
82.66% of 2220 companies
in the Software industry
Industry Median: 0.21 vs TSX:TIXT: 0.86

TELUS International (Cda) Debt-to-Equity Historical Data

The historical data trend for TELUS International (Cda)'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.

TELUS International (Cda) Debt-to-Equity Chart

TELUS International (Cda) Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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2.12

1.59

0.69

0.52

0.86

TELUS International (Cda) Quarterly Data
	Dec17	Dec18	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															0.52	0.96	0.96	N/A	0.86

Competitive Comparison of TELUS International (Cda)'s Debt-to-Equity

For the Software - Infrastructure subindustry, TELUS International (Cda)'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.

TELUS International (Cda)'s Debt-to-Equity Distribution in the Software Industry

For the Software industry and Technology sector, TELUS International (Cda)'s Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where TELUS International (Cda)'s Debt-to-Equity falls into.

TELUS International (Cda) Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

TELUS International (Cda)'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
	=	(163.675	+	2184.125)	/	2732.839
	=	0.86

TELUS International (Cda)'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
	=	(163.675	+	2184.125)	/	2732.839
	=	0.86

TELUS International (Cda) (TSX:TIXT) 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.

TELUS International (Cda) Debt-to-Equity Related Terms

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

TELUS International (Cda) (TSX:TIXT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » TELUS International (Cda) Inc (TSX:TIXT) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

TIXT:USA 5Z9:Germany

Address

510 West Georgia Street, Floor 7, Vancouver, BC, CAN, V6B 0M3

Website

https://www.telusinternational.com

TELUS International (Cda) Inc is a digital customer experience innovator that designs, builds, and delivers next-generation solutions. Its clients include companies across several verticals, including Tech and Games, eCommerce and FinTech, Banking, Financial Services and Insurance, Communications and Media, and Travel and Hospitality. The solutions offered by the company include Digital Experience, Customer Experience, Advisory Services, and Back Office and Automation among other services. Geographically, it derives a majority of its revenue from the European region.