Billing Services Group (LSE:BILL) Debt-to-Equity : 0.04 (As of Jun. 2019)

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What is Billing Services Group Debt-to-Equity?

Billing Services Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2019 was £0.39 Mil. Billing Services Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2019 was £0.11 Mil. Billing Services Group's Total Stockholders Equity for the quarter that ended in Jun. 2019 was £11.96 Mil. Billing Services Group's debt to equity for the quarter that ended in Jun. 2019 was 0.04.

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

LSE:BILL' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.59 Max: 3.08
Current: 0.04

During the past 13 years, the highest Debt-to-Equity Ratio of Billing Services Group was 3.08. The lowest was 0.00. And the median was 0.59.

LSE:BILL's Debt-to-Equity is not ranked
in the Business Services industry.
Industry Median: 0.37 vs LSE:BILL: 0.04

Billing Services Group Debt-to-Equity Historical Data

The historical data trend for Billing Services 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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Billing Services Group Debt-to-Equity Chart

Billing Services Group Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Debt-to-Equity

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0.34

0.01

Billing Services Group Semi-Annual Data
	Dec09	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19
Debt-to-Equity	Get a 7-Day Free Trial															-	0.01	0.01	0.01	0.04

Competitive Comparison of Billing Services Group's Debt-to-Equity

For the Specialty Business Services subindustry, Billing Services 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.

Billing Services Group's Debt-to-Equity Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Billing Services Group's Debt-to-Equity distribution charts can be found below:

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

Billing Services Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Billing Services Group's Debt to Equity Ratio for the fiscal year that ended in Dec. 2018 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
	=	(0.096	+	0.044)	/	12.988
	=	0.01

Billing Services Group's Debt to Equity Ratio for the quarter that ended in Jun. 2019 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
	=	(0.393	+	0.105)	/	11.964
	=	0.04

Billing Services Group (LSE:BILL) 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.

Billing Services Group Debt-to-Equity Related Terms

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Billing Services Group (LSE:BILL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Billing Services Group Ltd (LSE:BILL) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

22 Victoria Street, Canonâ€™s Court, Hamilton, BMU, HM 12

Website

http://www.bsgclearing.com

Billing Services Group Ltd is focused on payment solutions. The company offers a powerful suite of financial clearinghouse services for merchants, online stores, and telecommunications companies. Its services include local exchange carrier (LEC) phone clearing, billing and settlement solutions, toll clearing services, a Wi-Fi wholesale settlement solution, and VoiceLog Third Party Verification. The company generates a majority of revenue from LEC billing. Its geographical segment includes North America and Europe, the Middle East and Africa. The company derives the maximum revenue from North America.