Hightech Payment Systems (CAS:HPS) Debt-to-Equity : 0.15 (As of Dec. 2023)

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What is Hightech Payment Systems Debt-to-Equity?

Hightech Payment Systems's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was MAD0 Mil. Hightech Payment Systems's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was MAD116 Mil. Hightech Payment Systems's Total Stockholders Equity for the quarter that ended in Dec. 2023 was MAD757 Mil. Hightech Payment Systems's debt to equity for the quarter that ended in Dec. 2023 was 0.15.

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 Hightech Payment Systems's Debt-to-Equity or its related term are showing as below:

CAS:HPS' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.15 Med: 0.23 Max: 0.32
Current: 0.15

During the past 11 years, the highest Debt-to-Equity Ratio of Hightech Payment Systems was 0.32. The lowest was 0.15. And the median was 0.23.

CAS:HPS's Debt-to-Equity is ranked better than
56.82% of 2207 companies
in the Software industry
Industry Median: 0.2 vs CAS:HPS: 0.15

Hightech Payment Systems Debt-to-Equity Historical Data

The historical data trend for Hightech Payment Systems'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.

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Hightech Payment Systems Debt-to-Equity Chart

Hightech Payment Systems Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.16

0.23

0.32

0.23

0.15

Hightech Payment Systems Semi-Annual Data
	Dec13	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.32	0.28	0.23	0.21	0.15

Competitive Comparison of Hightech Payment Systems's Debt-to-Equity

For the Software - Infrastructure subindustry, Hightech Payment Systems'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.

Hightech Payment Systems's Debt-to-Equity Distribution in the Software Industry

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

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

Hightech Payment Systems Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Hightech Payment Systems'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
	=	(0	+	116.146)	/	757.161
	=	0.15

Hightech Payment Systems'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
	=	(0	+	116.146)	/	757.161
	=	0.15

Hightech Payment Systems (CAS:HPS) 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.

Hightech Payment Systems Debt-to-Equity Related Terms

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Hightech Payment Systems (CAS:HPS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Hightech Payment Systems SA (CAS:HPS) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

1100, Boulevard Al Qods - Sidi Maarouf, Casablanca Nearshore Park, Shore 1, Casablanca, MAR, 20270

Website

https://www.hps-worldwide.com

Hightech Payment Systems SA is the group that provides solutions and services involving electronic payment. The group offers are structured in the following business units - HPS Solutions, HPS Processing, HPS Services, Safety, and Other Products. HPS Solutions designs, develops, markets, installs, and supports a suite of multi-channel electronic payment solutions. PowerCARD software suite offers comprehensive, configurable and scalable solutions to meet the user needs. The company's software and services are sold covering many geographical areas such as Europe, Americas, Africa and the Middle East and Asia. The group's majority revenue is generated from the sale of HPS solutions.