Convergys (Convergys) LT-Debt-to-Total-Asset : 0.08 (As of Jun. 2018)

View and export this data going back to 1998. Start your Free Trial

What is Convergys LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Convergys's long-term debt to total assests ratio for the quarter that ended in Jun. 2018 was 0.08.

Convergys's long-term debt to total assets ratio declined from Jun. 2017 (0.15) to Jun. 2018 (0.08). It may suggest that Convergys is progressively becoming less dependent on debt to grow their business.

Convergys LT-Debt-to-Total-Asset Historical Data

The historical data trend for Convergys's LT-Debt-to-Total-Asset 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.

Convergys LT-Debt-to-Total-Asset Chart

Convergys Annual Data

Trend

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.06

0.18

0.17

0.15

0.14

Convergys Quarterly Data
	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.15	0.14	0.14	0.12	0.08

Convergys LT-Debt-to-Total-Asset Calculation

Convergys's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2017 is calculated as

LT Debt to Total Assets (A: Dec. 2017 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2017 )	/	Total Assets (A: Dec. 2017 )
	=	327.2	/	2414.7
	=	0.14

Convergys's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2018 is calculated as

LT Debt to Total Assets (Q: Jun. 2018 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jun. 2018 )	/	Total Assets (Q: Jun. 2018 )
	=	177.9	/	2204.7
	=	0.08

Convergys (NYSE:CVG) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Convergys LT-Debt-to-Total-Asset Related Terms

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

Convergys (Convergys) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Convergys Corp (NYSE:CVG) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.convergys.com

Convergys is an operator of contact centers offering customer-management services. The services include sales, customer services, technical support, customer retention, collection services, and analytics. Convergys provides its services to a wide range of industries, such as utilities, travel and hospitality, automotive, communications and media, technology, financial services, healthcare, retail, and insurance. The revenue stream is North America, and the company relies on just a few contracts for a large part of its sales.

Executives

Andrea J. Ayers	director, officer: President & CEO	STANLEY BLACK & DECKER, IN., 1000 STANLEY DRIVE, NEW BRITAIN CT 06053
Thomas L Monahan	director	2000 PENNSYLVANIA AVE NW, WASHINGTON DC 20006
Joan E Herman	director
Jeffrey H Fox	director	ONE ALLIED DRIVE, LITTLE ROCK AR 72202
Ronald L Nelson	director
Knowling Robert E Jr	director	C/O HEWLETT-PACKARD CO, 3000 HANOVER STREET, PALO ALTO CA 94304
Cheryl K Beebe	director	CORN PRODUCTS INTERNATIONAL INC, 5 WESTBROOK CORPORATE CENTER, WESTCHESTER IL 60154
Marjorie Mary Connelly	officer: COO	2580 PALMER DR, KESWICK VA 22947
Richard F Wallman	director	HONEYWELL, 101 COLUMBIA ROAD, MORRISTOWN NJ 07962
John F Barrett	director
Brian James Delaney	officer: Chief Operating Officer	C/O SERVICESOURCE INTERNATIONAL, INC., 760 MARKET STREET, #400, SAN FRANCISCO CA 94102
Barry Christine Timmins	officer: Senior Vice President	C/O ENDURANCE INTERNATIONAL GROUP 10 CORPORATE DRIVE BURLINGTON MA 01803
Philip A Odeen	director	N/A, N/A OH 45202
Earl C Shanks	officer: CFO	CONVERGYS CORPORATION, 201 EAST FOURTH STREET, CINCINNATI OH 45202
Robert A Lento	officer: Senior Vice President