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SofTech (SofTech) Debt-to-Equity : 0.04 (As of Nov. 2016)


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What is SofTech Debt-to-Equity?

SofTech's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2016 was $0.02 Mil. SofTech's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2016 was $0.03 Mil. SofTech's Total Stockholders Equity for the quarter that ended in Nov. 2016 was $1.31 Mil. SofTech's debt to equity for the quarter that ended in Nov. 2016 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 SofTech's Debt-to-Equity or its related term are showing as below:

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

SofTech Debt-to-Equity Historical Data

The historical data trend for SofTech'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.

SofTech Debt-to-Equity Chart

SofTech Annual Data
Trend May06 May07 May08 May09 May11 May12 May13 May14 May15 May16
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.55 1.61 1.21 0.78 8.03

SofTech Quarterly Data
Feb12 May12 Aug12 Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16
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 -1.50 -0.99 8.03 -0.98 0.04

Competitive Comparison of SofTech's Debt-to-Equity

For the Software - Application subindustry, SofTech'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.


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

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

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



SofTech Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

SofTech's Debt to Equity Ratio for the fiscal year that ended in May. 2016 is calculated as

SofTech's Debt to Equity Ratio for the quarter that ended in Nov. 2016 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.


SofTech  (OTCPK:SOFT) 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.


SofTech Debt-to-Equity Related Terms

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


SofTech (SofTech) Business Description

Traded in Other Exchanges
N/A
Address
650 Suffolk Street, Suite 415, Lowell, MA, USA, 01854
SofTech Inc is engaged in the development, marketing, distribution and support of computer software solutions that enable companies to manage the lifecycle of their products from conception through design and manufacture, to service and disposal. The company's service offerings include consulting, training and discrete engineering services. These solutions include software technology offerings for computer-aided design, and product data management and collaboration technologies. In addition, the company offers a technology platform that allows data exchange between various third-party technology offerings known as the company's connector offering.
Executives
Joseph Patrick Daly 10 percent owner 497 CIRCLE FREEWAY, CINCINNATI OH 45246
J Phillip Cooper director

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