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Adesso SE (XTER:ADN1) Debt-to-Equity : 1.41 (As of Dec. 2023)


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What is Adesso SE Debt-to-Equity?

Adesso SE's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €39 Mil. Adesso SE's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €246 Mil. Adesso SE's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €203 Mil. Adesso SE's debt to equity for the quarter that ended in Dec. 2023 was 1.41.

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

XTER:ADN1' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.15   Med: 0.74   Max: 1.41
Current: 1.41

During the past 13 years, the highest Debt-to-Equity Ratio of Adesso SE was 1.41. The lowest was 0.15. And the median was 0.74.

XTER:ADN1's Debt-to-Equity is ranked worse than
89.7% of 2223 companies
in the Software industry
Industry Median: 0.21 vs XTER:ADN1: 1.41

Adesso SE Debt-to-Equity Historical Data

The historical data trend for Adesso SE'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.

Adesso SE Debt-to-Equity Chart

Adesso SE 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 1.41 1.27 1.07 0.65 1.41

Adesso SE Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 1.07 0.72 0.65 0.76 1.41

Competitive Comparison of Adesso SE's Debt-to-Equity

For the Information Technology Services subindustry, Adesso SE'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.


Adesso SE's Debt-to-Equity Distribution in the Software Industry

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

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



Adesso SE Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Adesso SE's Debt to Equity Ratio for the quarter that ended in Dec. 2023 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.


Adesso SE  (XTER:ADN1) 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.


Adesso SE Debt-to-Equity Related Terms

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


Adesso SE (XTER:ADN1) Business Description

Traded in Other Exchanges
Address
Adessoplatz 1, Dortmund, NW, DEU, 44269
Adesso SE is a German IT service provider company. The company offers consulting and software development services for optimising core business processes. It also offers ready-to-use software products for standard applications. The company generates most of its sales revenue through consulting and software development in Germany. It has two segments, namely, IT Services and IT Solutions. The IT Services segment offers customised, project-oriented services in the areas of consulting and software development. The IT Solutions segment markets its own solutions as homegrown products or standard software products. The IT service segment generates majority of revenue.
Executives
Prof. Dr. Volker Gruhn Supervisory Board
Michael Kenfenheuer Board of Directors
Rainer Rudolf Supervisory Board

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