Altitude Group (LSE:ALT) Debt-to-Equity : 0.08 (As of Sep. 2023)

View and export this data going back to 2005. Start your Free Trial

What is Altitude Group Debt-to-Equity?

Altitude Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was £0.21 Mil. Altitude Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was £0.53 Mil. Altitude Group's Total Stockholders Equity for the quarter that ended in Sep. 2023 was £9.89 Mil. Altitude Group's debt to equity for the quarter that ended in Sep. 2023 was 0.07.

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

LSE:ALT' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.07 Max: 0.09
Current: 0.08

During the past 13 years, the highest Debt-to-Equity Ratio of Altitude Group was 0.09. The lowest was 0.01. And the median was 0.07.

LSE:ALT's Debt-to-Equity is ranked better than
69.45% of 2213 companies
in the Software industry
Industry Median: 0.21 vs LSE:ALT: 0.08

Altitude Group Debt-to-Equity Historical Data

The historical data trend for Altitude 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.

* Premium members only.

Altitude Group Debt-to-Equity Chart

Altitude Group Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Mar21

Mar22

Mar23

Debt-to-Equity

Get a 7-Day Free Trial

0.09

0.06

Altitude Group Semi-Annual Data
	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial															-	0.09	-	0.06	0.08

Competitive Comparison of Altitude Group's Debt-to-Equity

For the Software - Application subindustry, Altitude 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.

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

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

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

Altitude Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Altitude Group's Debt to Equity Ratio for the fiscal year that ended in Mar. 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
	=	(0.177	+	0.386)	/	9.431
	=	0.06

Altitude Group's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(0.213	+	0.525)	/	9.886
	=	0.07

Altitude Group (LSE:ALT) 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.

Altitude Group Debt-to-Equity Related Terms

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

Altitude Group (LSE:ALT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Altitude Group PLC (LSE:ALT) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

D9E:Germany

Address

32 Eyre Street, 7th Floor, Sheffield City Centre, Sheffield, GBR, S1 4QZ

Website

http://www.altitudeplc.com

Altitude Group PLC operates a technology and information business providing services to the promotional merchandising and print industries across North America and the United Kingdom. The company enables the buyers and sellers of products to interact and trade, through the provision of technology, catalogues, and exhibition services, in the promotional merchandising and printing sectors. Its service portfolio comprises technology services such as cloud and server-based software, website solution, information service solution. It derives mainly of its revenue from North America.