Synergon Information Systems (FRA:SRRA) Debt-to-Equity : 1.86 (As of Sep. 2015)

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What is Synergon Information Systems Debt-to-Equity?

Synergon Information Systems's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2015 was €5.23 Mil. Synergon Information Systems's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2015 was €0.04 Mil. Synergon Information Systems's Total Stockholders Equity for the quarter that ended in Sep. 2015 was €2.83 Mil. Synergon Information Systems's debt to equity for the quarter that ended in Sep. 2015 was 1.86.

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

FRA:SRRA's Debt-to-Equity is not ranked ^*
in the Software industry.
Industry Median: 0.21
* Ranked among companies with meaningful Debt-to-Equity only.

Synergon Information Systems Debt-to-Equity Historical Data

The historical data trend for Synergon Information 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.

* Premium members only.

Synergon Information Systems Debt-to-Equity Chart

Synergon Information Systems Annual Data

Trend

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Debt-to-Equity

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0.16

0.27

0.70

3.03

4.43

Synergon Information Systems Quarterly Data
	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15
Debt-to-Equity	Get a 7-Day Free Trial															3.09	4.43	0.30	3.71	1.86

Competitive Comparison of Synergon Information Systems's Debt-to-Equity

For the Information Technology Services subindustry, Synergon Information 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.

Synergon Information Systems's Debt-to-Equity Distribution in the Software Industry

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

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

Synergon Information Systems Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Synergon Information Systems's Debt to Equity Ratio for the fiscal year that ended in Dec. 2014 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
	=	(15.127	+	0.055)	/	3.431
	=	4.42

Synergon Information Systems's Debt to Equity Ratio for the quarter that ended in Sep. 2015 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
	=	(5.225	+	0.04)	/	2.826
	=	1.86

Synergon Information Systems (FRA:SRRA) 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.

Synergon Information Systems Debt-to-Equity Related Terms

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Synergon Information Systems (FRA:SRRA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Synergon Information Systems PLC (FRA:SRRA) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

Website

http://www.synergon.hu

Synergon Information Systems PLC is engaged in information technology business. Synergon typically builds its IT-solutions satisfying even the most unique customer demands based on the products of the most significant hardware and software manufacturers.