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FIS (Fidelity National Information Services) Debt-to-Equity : 0.66 (As of Sep. 2024)


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What is Fidelity National Information Services Debt-to-Equity?

Fidelity National Information Services's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $510 Mil. Fidelity National Information Services's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $10,491 Mil. Fidelity National Information Services's Total Stockholders Equity for the quarter that ended in Sep. 2024 was $16,569 Mil. Fidelity National Information Services's debt to equity for the quarter that ended in Sep. 2024 was 0.66.

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 Fidelity National Information Services's Debt-to-Equity or its related term are showing as below:

FIS' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.4   Med: 0.78   Max: 1.83
Current: 0.66

During the past 13 years, the highest Debt-to-Equity Ratio of Fidelity National Information Services was 1.83. The lowest was 0.40. And the median was 0.78.

FIS's Debt-to-Equity is ranked worse than
77.56% of 2210 companies
in the Software industry
Industry Median: 0.22 vs FIS: 0.66

Fidelity National Information Services Debt-to-Equity Historical Data

The historical data trend for Fidelity National Information Services'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.

Fidelity National Information Services Debt-to-Equity Chart

Fidelity National Information Services Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.42 0.42 0.44 0.75 1.01

Fidelity National Information Services Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.96 1.01 0.63 0.66 0.66

Competitive Comparison of Fidelity National Information Services's Debt-to-Equity

For the Information Technology Services subindustry, Fidelity National Information Services'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.


Fidelity National Information Services's Debt-to-Equity Distribution in the Software Industry

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

* The bar in red indicates where Fidelity National Information Services's Debt-to-Equity falls into.



Fidelity National Information Services Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Fidelity National Information Services's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Fidelity National Information Services's Debt to Equity Ratio for the quarter that ended in Sep. 2024 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.


Fidelity National Information Services  (NYSE:FIS) 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.


Fidelity National Information Services Debt-to-Equity Related Terms

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


Fidelity National Information Services Business Description

Address
347 Riverside Avenue, Jacksonville, FL, USA, 32202
Fidelity National Information Services provides core processing and ancillary services to banks, but its business has expanded over time. By acquiring SunGard in 2015, the company now provides record-keeping and other services to investment firms. With the acquisition of Worldpay in 2019, FIS was providing payment processing services for merchants and holding leading positions in the United States and United Kingdom. But the company sold off a majority interest in Worldpay and now has only a minority stake.
Executives
Lenore D Williams officer: CEVP, Chief People Officer 601 RIVERSIDE AVE, JACKSONVILLE FL 32204
Jeffrey A Goldstein director HELLMAN & FRIEDMAN LLC, 375 PARK AVENUE, 20TH FLOOR, NEW YORK NY 10152
Ellen R Alemany director ONE ADP BOULEVARD, ROSELAND NJ 07068
James Kehoe officer: Chief Financial Officer KRAFT FOODS GROUP, INC., THREE LAKES DRIVE, NORTHFIELD IL 60093
Erik D Hoag officer: CEVP Chief Financial Officer 347 RIVERSIDE AVE, JACKSONVILLE FL 32202
Stephanie Ferris officer: COO C/O VANTIV, INC., 8500 GOVERNORS HILL DRIVE, CINCINNATI OH 45249
Brian T Shea director ONE PERSHING PLAZA, 95 CHRISTOPHER COLUMBUS DRIVE, JERSEY CITY NJ 07399
Stallings James B Jr director 601 RIVERSIDE AVE, JACKSONVILLE FL 32204
Vijay D'silva director 601 RIVERSIDE AVENUE, JACKSONVILLE FL 32204
Louise M Parent director 200 VESEY STREET, NEW YORK NY 10285
Kenneth T Lamneck director INSIGHT ENTERPRISES, INC., 6820 SOUTH HARL AVENUE, TEMPE AZ 85283
Mark D Benjamin director NUANCE COMMUNICATIONS, INC., 1 WAYSIDE ROAD, BURLINGTON MA 01803
Mark A Ernst director 255 FISERV DRIVE, BROOKFIELD WI 53045
Gary Norcross officer: Corporate EVP and COO 601 RIVERSIDE AVENUE, JACKSONVILLE FL 32204
James W. Woodall officer: SVP, CAO and Controller 601 RIVERSIDE AVENUE, JACKSONVILLE FL 32204