accesso Technology Group (FRA:LQG) Debt-to-Equity : 0.12 (As of Dec. 2023)

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What is accesso Technology Group Debt-to-Equity?

accesso Technology Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €0.7 Mil. accesso Technology Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €19.7 Mil. accesso Technology Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €177.4 Mil. accesso Technology Group's debt to equity for the quarter that ended in Dec. 2023 was 0.12.

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 accesso Technology Group's Debt-to-Equity or its related term are showing as below:

FRA:LQG' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.12 Max: 0.35
Current: 0.12

During the past 13 years, the highest Debt-to-Equity Ratio of accesso Technology Group was 0.35. The lowest was 0.01. And the median was 0.12.

FRA:LQG's Debt-to-Equity is ranked better than
62.01% of 2219 companies
in the Software industry
Industry Median: 0.21 vs FRA:LQG: 0.12

accesso Technology Group Debt-to-Equity Historical Data

The historical data trend for accesso Technology Group'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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accesso Technology Group Debt-to-Equity Chart

accesso Technology Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.17

0.20

0.02

0.01

0.12

accesso Technology Group Semi-Annual Data
	Jun14	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															0.02	0.02	0.01	0.20	0.12

Competitive Comparison of accesso Technology Group's Debt-to-Equity

For the Software - Application subindustry, accesso Technology Group'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.

accesso Technology Group's Debt-to-Equity Distribution in the Software Industry

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

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

accesso Technology Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

accesso Technology Group'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
	=	(0.726	+	19.739)	/	177.435
	=	0.12

accesso Technology Group'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
	=	(0.726	+	19.739)	/	177.435
	=	0.12

accesso Technology Group (FRA:LQG) 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.

accesso Technology Group Debt-to-Equity Related Terms

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accesso Technology Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » accesso Technology Group PLC (FRA:LQG) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

LOQPF:USA ACSO:UK

Address

Unit 5, The Pavilions, Ruscombe Park, Twyford, GBR, RG10 9NN

Website

https://www.accesso.com

accesso Technology Group PLC is a software company engaged in the development and application of ticketing, mobile, and eCommerce technologies, licensing, and operation of virtual queuing solutions, and providing a personalized experience to customers within the attractions and leisure industry. It operates in the Ticketing and Distribution segment. Its solutions are accesso LoQueue, accesso Passport, accesso Siriuswarem, and accesso ShoWare, which provide solutions for ticketing & admissions, gift cards, kiosks, and eCommerce, box office, call center, and social media sales, food and beverage, retail, eCommerce via kiosk or mobile. It has a presence in the UK, other Europe, Australia, the USA, and Canada which drives key revenue, in Central and South America.

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