Slack Technologies (Slack Technologies) Debt-to-Equity : 1.03 (As of Apr. 2021)

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What is Slack Technologies Debt-to-Equity?

Slack Technologies's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Apr. 2021 was $36.0 Mil. Slack Technologies's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Apr. 2021 was $881.7 Mil. Slack Technologies's Total Stockholders Equity for the quarter that ended in Apr. 2021 was $888.9 Mil. Slack Technologies's debt to equity for the quarter that ended in Apr. 2021 was 1.03.

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

WORK' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.32 Med: 1.03 Max: 1.09
Current: 1.03

During the past 5 years, the highest Debt-to-Equity Ratio of Slack Technologies was 1.09. The lowest was 0.32. And the median was 1.03.

WORK's Debt-to-Equity is not ranked
in the Software industry.
Industry Median: 0.21 vs WORK: 1.03

Slack Technologies Debt-to-Equity Historical Data

The historical data trend for Slack 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.

Slack Technologies Debt-to-Equity Chart

Slack Technologies Annual Data

Trend

Jan17

Jan18

Jan19

Jan20

Jan21

Debt-to-Equity

N/A

0.32

1.09

Slack Technologies Quarterly Data
	Jan17	Jan18	Apr18	Jul18	Oct18	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21
Debt-to-Equity	Get a 7-Day Free Trial										1.02	1.00	1.06	1.09	1.03

Competitive Comparison of Slack Technologies's Debt-to-Equity

For the Software - Application subindustry, Slack 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.

Slack Technologies's Debt-to-Equity Distribution in the Software Industry

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

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

Slack Technologies Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Slack Technologies's Debt to Equity Ratio for the fiscal year that ended in Jan. 2021 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
	=	(34.93	+	876.664)	/	834.793
	=	1.09

Slack Technologies's Debt to Equity Ratio for the quarter that ended in Apr. 2021 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
	=	(36.023	+	881.71)	/	888.87
	=	1.03

Slack Technologies (NYSE:WORK) 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.

Slack Technologies Debt-to-Equity Related Terms

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

Slack Technologies (Slack Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Slack Technologies Inc (NYSE:WORK) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

500 Howard Street, San Francisco, CA, USA, 94105

Website

https://www.slack.com

Slack Technologies operates Slack, a software-as-a-service platform that brings together people, applications, and data. The platform is appropriate for all business types, from small and medium-size businesses to enterprise customers. The company was founded in 2009 as a game developer but later changed its focus and released its internally developed toolset, Slack, in 2013. It is headquartered in San Francisco.

Executives

David Schellhase	officer: General Counsel and Secretary	THE LANDMARK @ ONE MARKET, SUITE 300, SAN FRANCISCO CA 94105
Allen Shim	officer: Chief Financial Officer	C/O SLACK TECHNOLOGIES, INC., 500 HOWARD STREET, SAN FRANCISCO CA 94105
Robert Frati	officer: Sr VP Sales, Customer Success	C/O SLACK TECHNOLOGIES 500 HOWARD STREET SAN FRANCISCO CA 94105
Cal Henderson	officer: Chief Technology Officer	C/O SLACK TECHNOLOGIES, INC. 500 HOWARD STREET SAN FRANCISCO CA 94105
Stewart Butterfield	director, officer: Chief Executive Officer	CO/ SLACK TECHNOLOGIES, INC. 500 HOWARD STREET SAN FRANCISCO CA 94105
Brandon Zell	officer: Chief Accounting Officer	C/O SLACK TECHNOLOGIES 500 HOWARD STREET SAN FRANCISCO CA 94105
Graham Smith	director	301 BRANNMAN ST, SAN FRANCISCO CA 94107
Tamar Yehoshua	officer: Chief Product Officer	301 CONGRESS AVE, STE 700, AUSTIN TX 78701
John Ofarrell	director	2865 SAND HILL ROAD #101, MENLO PARK CA 94025
Andrew Braccia	director	428 UNIVERSITY AVE, PALO ALTO CA 94555
Edith W Cooper	director	C/O ETSY, INC., 117 ADAMS STREET, BROOKLYN NY 11249
Sheila B Jordan	director	601 MERRITT 7, NORWALK CT 06851
Sarah Friar	director	C/O NEXTDOOR HOLDINGS, INC., 420 TAYLOR STREET, SAN FRANCISCO CA 94102
Michael M Mcnamara	director	C/O FLEXTRONICS INTERNATIONAL LTD, 2090 FORTUNE DRIVE, SAN JOSE CA 95131
Accel Growth Fund Investors 2014 L.l.c.	10 percent owner	428 UNIVERSITY AVE, PALO ALTO CA 94301