Sprout Social (Sprout Social) Debt-to-Equity : 0.51 (As of Dec. 2023)

View and export this data going back to 2019. Start your Free Trial

What is Sprout Social Debt-to-Equity?

Sprout Social's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $3.9 Mil. Sprout Social's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $70.1 Mil. Sprout Social's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $144.2 Mil. Sprout Social's debt to equity for the quarter that ended in Dec. 2023 was 0.51.

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 Sprout Social's Debt-to-Equity or its related term are showing as below:

SPT' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.05 Med: 0.16 Max: 0.51
Current: 0.51

During the past 7 years, the highest Debt-to-Equity Ratio of Sprout Social was 0.51. The lowest was -0.05. And the median was 0.16.

SPT's Debt-to-Equity is ranked worse than
71.26% of 2223 companies
in the Software industry
Industry Median: 0.21 vs SPT: 0.51

Sprout Social Debt-to-Equity Historical Data

The historical data trend for Sprout Social'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.

Sprout Social Debt-to-Equity Chart

Sprout Social Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.16

0.17

0.16

0.15

0.51

Sprout Social Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.15	0.15	0.14	0.65	0.51

Competitive Comparison of Sprout Social's Debt-to-Equity

For the Software - Application subindustry, Sprout Social'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.

Sprout Social's Debt-to-Equity Distribution in the Software Industry

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

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

Sprout Social Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Sprout Social'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
	=	(3.948	+	70.083)	/	144.192
	=	0.51

Sprout Social'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
	=	(3.948	+	70.083)	/	144.192
	=	0.51

Sprout Social (NAS:SPT) 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.

Sprout Social Debt-to-Equity Related Terms

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

Sprout Social (Sprout Social) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Sprout Social Inc (NAS:SPT) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

SPT:Mexico

Address

131 South Dearborn Street, Suite 700, Chicago, IL, USA, 60603

Website

https://www.sproutsocial.com

Sprout Social Inc develops a cloud software that brings together social messaging, data and workflows in a unified system of record, intelligence, and action. The firm generates majority revenue from software subscriptions.

Executives

Justyn Russell Howard	director, 10 percent owner, officer: Chairman and CEO	C/O SPROUT SOCIAL, INC., 131 SOUTH DEARBORN STREET, SUITE 700, CHICAGO IL 60603
Ryan Paul Barretto	officer: President	C/O SPROUT SOCIAL, INC., 131 SOUTH DEARBORN AVENUE, SUITE 700, CHICAGO IL 60603
Rankin Aaron Edward Frederick	director, 10 percent owner, officer: Chief Technology Officer	C/O SPROUT SOCIAL, INC., 131 SOUTH DEARBORN STREET, SUITE 700, CHICAGO IL 60603
Preto Joseph Del	officer: CFO and Treasurer	600 WEST CHICAGO AVENUE, SUITE 850, CHICAGO IL 60610
Karen Walker	director	170 WEST TASMAN DRIVE, SAN JOSE CA 95134
Raina Moskowitz	director	117 ADAMS STREET, C/O ETSY,INC., BROOKLYN NY 11201
William Thomas Stanley	director	131 S DEARBORN ST, STE 700, CHICAGO IL 60603
Steven A Collins	director	20 N. MERIDIAN STREET, SUITE 200, INDIANAPOLIS IN 46204
Jamie Cannon Gilpin	officer: Chief Marketing Officer	C/O SPROUT SOCIAL, INC., 131 SOUTH DEARBORN STREET, SUITE 700, CHICAGO IL 60603
Goldman Sachs Group Inc	10 percent owner	200 WEST STREET, NEW YORK NY 10282
Jason Kreuziger	director	C/O SPROUT SOCIAL, INC., 131 SOUTH DEARBORN STREET, SUITE 700, CHICAGO IL 60603
Gs Fund Holdings, L.l.c.	10 percent owner	200 WEST STREET, NEW YORK NY 10282
New Enterprise Associates 13 Lp	10 percent owner	1119 ST PAUL STREET, BALTIMORE MD 21202
Mbd Advisors, L.l.c.	10 percent owner	200 WEST STREET, NEW YORK NY 10282
Bridge Street Opportunity Advisors, L.l.c.	10 percent owner	200 WEST STREET, NEW YORK NY 10282