LifeWorks (TSX:LWRK) Debt-to-Equity : 1.14 (As of Jun. 2022)

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What is LifeWorks Debt-to-Equity?

LifeWorks's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2022 was C$127 Mil. LifeWorks's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2022 was C$537 Mil. LifeWorks's Total Stockholders Equity for the quarter that ended in Jun. 2022 was C$584 Mil. LifeWorks's debt to equity for the quarter that ended in Jun. 2022 was 1.14.

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

TSX:LWRK' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.17 Med: 0.72 Max: 1.14
Current: 1.14

During the past 13 years, the highest Debt-to-Equity Ratio of LifeWorks was 1.14. The lowest was 0.17. And the median was 0.72.

TSX:LWRK's Debt-to-Equity is not ranked
in the Software industry.
Industry Median: 0.21 vs TSX:LWRK: 1.14

LifeWorks Debt-to-Equity Historical Data

The historical data trend for LifeWorks'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.

LifeWorks Debt-to-Equity Chart

LifeWorks Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Debt-to-Equity

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0.75

0.77

1.00

0.86

0.99

LifeWorks Quarterly Data
	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22
Debt-to-Equity	Get a 7-Day Free Trial															0.99	0.97	0.99	1.06	1.14

Competitive Comparison of LifeWorks's Debt-to-Equity

For the Software - Application subindustry, LifeWorks'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.

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

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

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

LifeWorks Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

LifeWorks's Debt to Equity Ratio for the fiscal year that ended in Dec. 2021 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
	=	(124.754	+	457.938)	/	585.955
	=	0.99

LifeWorks's Debt to Equity Ratio for the quarter that ended in Jun. 2022 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
	=	(126.619	+	536.76)	/	583.674
	=	1.14

LifeWorks (TSX:LWRK) 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.

LifeWorks Debt-to-Equity Related Terms

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

LifeWorks (TSX:LWRK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » LifeWorks Inc (TSX:LWRK) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

895 Don Mills Road, Suite 700, One Morneau Shepell Centre, Toronto, ON, CAN, M3C 1W3

Website

https://www.lifeworks.com

LifeWorks Inc is engaged in delivering technology-enabled solutions that help clients support the total wellbeing of their people and build organizational resiliency. Its solutions span employee and family assistance, health and wellness, recognition, pension and benefits administration, retirement consulting, actuarial and investment services.

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