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Zix (ZIXI) Debt-to-Equity : 1.47 (As of Sep. 2021)


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What is Zix Debt-to-Equity?

Zix's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2021 was $8.2 Mil. Zix's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2021 was $215.2 Mil. Zix's Total Stockholders Equity for the quarter that ended in Sep. 2021 was $152.1 Mil. Zix's debt to equity for the quarter that ended in Sep. 2021 was 1.47.

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

ZIXI' s Debt-to-Equity Range Over the Past 10 Years
Min: -20.02   Med: 0.18   Max: 4.71
Current: 1.47

During the past 13 years, the highest Debt-to-Equity Ratio of Zix was 4.71. The lowest was -20.02. And the median was 0.18.

ZIXI's Debt-to-Equity is not ranked
in the Software industry.
Industry Median: 0.21 vs ZIXI: 1.47

Zix Debt-to-Equity Historical Data

The historical data trend for Zix'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.

Zix Debt-to-Equity Chart

Zix Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 1.31 1.52

Zix Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
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 1.31 1.52 1.53 1.49 1.47

Competitive Comparison of Zix's Debt-to-Equity

For the Software - Infrastructure subindustry, Zix'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.


Zix's Debt-to-Equity Distribution in the Software Industry

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

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



Zix Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Zix's Debt to Equity Ratio for the fiscal year that ended in Dec. 2020 is calculated as

Zix's Debt to Equity Ratio for the quarter that ended in Sep. 2021 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.


Zix  (NAS:ZIXI) 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.


Zix Debt-to-Equity Related Terms

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


Zix (ZIXI) Business Description

Traded in Other Exchanges
N/A
Address
2711 North Haskell Avenue, Suite 2200, LB 36, Dallas, TX, USA, 75204-2960
Zix Corp is a provider of security software for organizations in the healthcare, financial services, insurance, and government sectors. Its services include email encryption, data loss prevention, and bring- your-own-device security to meet data protection and compliance needs. The firm's flagship Zix Email Encryption enables transparent encrypted email delivery through its patented Best Method of Delivery, a secure and convenient method for the recipient, and Zix Gateway, which encrypts and decrypts sensitive messages. The company derives revenue from subscription fees on a one- to three-year basis. The vast majority of the firm's revenue is generated in the United States.
Executives
Taher Elgamal director 245 SELBY LANE ATHERTON CA 94027
Di Leo John P. officer: Chief Revenue Officer 2711 N. HASKELL AVENUE, SUITE 2300, DALLAS TX 75204
David E Rockvam officer: CFO 2711 N. HASKELL AVENUE SUITE 2200 DALLAS TX 75204
Richard Spurr director 6038 AZALEA LANE DALLAS TX 75230
Noah F Webster officer: VP, General Counsel 2711 N. HASKELL AVENUE, SUITE 2300, DALLAS TX 75204
Maryclaire Campbell director 2711 N. HASKELL AVENUE SUITE 2200 DALLAS TX 75204
David Wagner director, officer: President, CEO 2711 N. HASKELL AVENUE, SUITE 2300, DALLAS TX 75204
Dave Robertson officer: Vice President 2711 N HASKELL AVE STE 2300 LB 36 DALLAS TX 75204
Kelly P Haggerty officer: Vice President 2711 N. HASKELL AVENUE SUITE 2200 DALLAS TX 75204
Maribess L Miller director 2711 N. HASKELL AVENUE, SUITE 2300, DALLAS TX 75204
Robert C Hausmann director 6586 INGLESIDE COURT SAN JOSE CA 95120
Mark J Bonney director 2711 N. HASKELL AVENUE, SUITE 2300, DALLAS TX 74204
True Wind Capital Gp, Llc director, 10 percent owner FOUR EMBARCADERO CENTER, SUITE 2350, SAN FRANCISCO CA 94111
Zephyr Holdco, Llc director, 10 percent owner C/O TRUE WIND CAPITAL FOUR EMBARCADERO CENTER SUITE 2350 SAN FRANCISCO CA 94111
Greene James H Jr director, 10 percent owner C/O KKR, 9 W 57TH ST, NEW YORK NY 10019