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OSPN (OneSpan) Debt-to-Equity : 0.04 (As of Sep. 2024)


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What is OneSpan Debt-to-Equity?

OneSpan's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $0.0 Mil. OneSpan's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $7.4 Mil. OneSpan's Total Stockholders Equity for the quarter that ended in Sep. 2024 was $194.6 Mil. OneSpan's debt to equity for the quarter that ended in Sep. 2024 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 OneSpan's Debt-to-Equity or its related term are showing as below:

OSPN' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03   Med: 0.04   Max: 0.05
Current: 0.04

During the past 13 years, the highest Debt-to-Equity Ratio of OneSpan was 0.05. The lowest was 0.03. And the median was 0.04.

OSPN's Debt-to-Equity is ranked better than
83.12% of 2210 companies
in the Software industry
Industry Median: 0.22 vs OSPN: 0.04

OneSpan Debt-to-Equity Historical Data

The historical data trend for OneSpan'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.

OneSpan Debt-to-Equity Chart

OneSpan Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.04 0.05 0.05 0.04 0.04

OneSpan Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.03 0.04 0.04 0.04 0.04

Competitive Comparison of OneSpan's Debt-to-Equity

For the Software - Infrastructure subindustry, OneSpan'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.


OneSpan's Debt-to-Equity Distribution in the Software Industry

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

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



OneSpan Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

OneSpan's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

OneSpan's Debt to Equity Ratio for the quarter that ended in Sep. 2024 is calculated as

* 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.


OneSpan  (NAS:OSPN) 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.


OneSpan Debt-to-Equity Related Terms

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


OneSpan Business Description

Traded in Other Exchanges
Address
1 Marina Park Drive, Unit 1410, Boston, MA, USA, 02210
OneSpan Inc is a provider of information technology security solutions for banking and financial services and application security markets. Its solutions secure and manage access to digital assets and protect online transactions, via mobile devices and in-person. Authentication and anti-fraud solutions are the organization's primary product offerings and include multifactor authentication and virtual private network access capabilities. The company derives revenues from hardware and license fees, maintenance and support fees, and subscription fees. A large majority of the firm's revenue is generated in Europe, the Middle East, and Africa, and the rest in the United States and Asia-Pacific region.
Executives
Michael J Mcconnell director P.O. BOX 6280, NEWPORT BEACH CA 92658
Jorge Garcia Martell officer: Chief Financial Officer 121 W WACKER #2050, CHICAGO IL 60601
Marc Zenner director 1000 LOUISIANA STREET, SUITE 3850, HOUSTON TX 77002
Lara Mataac other: General Counsel 121 W WACKER #2050, CHICAGO IL 60601
Alfred A Nietzel director ONE ADP BOULEVARD, ROSELAND NJ 07068
Steven Worth officer: General Counsel 121 W. WACKER, 20TH FLOOR, CHICAGO IL 60601
T Kendall Hunt director, 10 percent owner, officer: Chief Executive Officer C/O VASCO DATA SECURITY, 1901 S MEYERS ROAD, OAKBROOK TERRACE IL 60181
Matthew Moynahan officer: Chief Executive Officer 121 W WACKER #2050, CHICAGO IL 60601
Marianne Johnson director 121 W. WACKER #2050, CHICAGO IL 60601
Marc Boroditsky director 121 W. WACKER DR., SUITE 2050, CHICAGO IL 60614
John Bosshart other: Principal Accounting Officer 500 W. MADISON STREET, #1000, CHICAGO IL 60661
Sarika Garg director 121 W. WACKER, 20TH FLOOR, CHICAGO IL 60601
Garry L Capers director 3680 VICTORIA STREET N, SHOREVIEW MN 55126
Naureen Hassan director 121 W. WACKER #2050, CHICAGO IL 60601
Scott Clements officer: President and COO 1901 S. MEYERS ROAD SUITE 210, OAKBROOK TERRACE IL 60181