Computer Direct Group (XTAE:CMDR) Debt-to-Equity : 1.43 (As of Sep. 2024)

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What is Computer Direct Group Debt-to-Equity?

Computer Direct Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₪205 Mil. Computer Direct Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₪178 Mil. Computer Direct Group's Total Stockholders Equity for the quarter that ended in Sep. 2024 was ₪269 Mil. Computer Direct Group's debt to equity for the quarter that ended in Sep. 2024 was 1.43.

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

XTAE:CMDR' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.89 Med: 1.5 Max: 2.89
Current: 1.43

During the past 12 years, the highest Debt-to-Equity Ratio of Computer Direct Group was 2.89. The lowest was 0.89. And the median was 1.50.

XTAE:CMDR's Debt-to-Equity is ranked worse than
89.81% of 2217 companies
in the Software industry
Industry Median: 0.22 vs XTAE:CMDR: 1.43

Computer Direct Group Debt-to-Equity Historical Data

The historical data trend for Computer Direct 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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Computer Direct Group Debt-to-Equity Chart

Computer Direct Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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2.06

1.60

2.54

1.96

1.35

Computer Direct Group 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															1.36	1.35	1.24	1.27	1.43

Competitive Comparison of Computer Direct Group's Debt-to-Equity

For the Information Technology Services subindustry, Computer Direct 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.

Computer Direct Group's Debt-to-Equity Distribution in the Software Industry

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

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

Computer Direct Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Computer Direct Group'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
	=	(215.545	+	234.057)	/	334.099
	=	1.35

Computer Direct Group's Debt to Equity Ratio for the quarter that ended in Sep. 2024 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
	=	(205.479	+	177.72)	/	268.774
	=	1.43

Computer Direct Group (XTAE:CMDR) 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.

Computer Direct Group Debt-to-Equity Related Terms

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Computer Direct Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Computer Direct Group Ltd (XTAE:CMDR) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Haamal Street 1, Afek Industrial Park, Rosh Haayin, ISR, 48092

Website

http://www.one1.co.il

Computer Direct Group Ltd is an Information Technology company. The company provides end-to-end IT solutions through in various market segments, including telecom, industry, IT, banking and finance, insurance, retail, commerce, and more. It is also engaged in the hardware products and IT systems marketing segment, and in the provision of comprehensive managed services in the organizational IT segment.

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