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Computer Task Group (Computer Task Group) Net Debt Paydown Yield % : 0.21% (As of Apr. 29, 2024)


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What is Computer Task Group Net Debt Paydown Yield %?

Net Debt Paydown Yield % is a metric that evaluates the total amount of debt a company has paid in relation to its market capitalization. It is a measure of a company's willingness and ability to reduce its debt. As of today, Computer Task Group's Net Debt Paydown Yield % was 0.21%.


Computer Task Group Net Debt Paydown Yield % Historical Data

The historical data trend for Computer Task Group's Net Debt Paydown Yield % 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 Task Group Net Debt Paydown Yield % Chart

Computer Task Group Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Net Debt Paydown Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.10 -27.78 -1.71 3.45 3.60

Computer Task Group Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Net Debt Paydown Yield % 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 3.17 3.60 3.18 2.06 0.21

Competitive Comparison of Computer Task Group's Net Debt Paydown Yield %

For the Information Technology Services subindustry, Computer Task Group's Net Debt Paydown Yield %, along with its competitors' market caps and Net Debt Paydown Yield % 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 Task Group's Net Debt Paydown Yield % Distribution in the Software Industry

For the Software industry and Technology sector, Computer Task Group's Net Debt Paydown Yield % distribution charts can be found below:

* The bar in red indicates where Computer Task Group's Net Debt Paydown Yield % falls into.



Computer Task Group Net Debt Paydown Yield % Calculation

Computer Task Group's Net Debt Paydown Yield % for the quarter that ended in Sep. 2023 is calculated as:

Net Debt Paydown Yield %
=( TTM Average Debt   (1-Year Ago))-TTM Average Debt )/Market Cap
=( 19.63-19.27 )/166.076443
=0.21 %

* 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.

* All the data are calculated by TTM values. Note that if a companies is traded in several exchanges, then we calculate the company level data for Net Debt Paydown Yield % using the primary share class stock data. The calculation result in definition page is for demonstration purpose only, and it's showing the share class level data. Therefore, the numbers in the calculation may differ from elsewhere if the stock is not a primary share.


Computer Task Group  (NAS:CTG) Net Debt Paydown Yield % Explanation

Net Debt Paydown Yield % is the change in average of four quarters of company's total debt over a company's market cap. Assuming the total value of a company remains that same, shareholder value is increased as debt is reduced. In other words, it is a measure of the willingness and ability of a firm's management to pay down debt. Companies that have high debt paydown yields indicate that they are more aggressive with paying down debt.

In the calculation of Net Debt Paydown Yield %, we use the reductions of TTM average total debt one-year-ago and TTM average total debt at present, divided by its Market Cap.

We calculating the TTM average debt by adding up the total debt, calculated by the sum of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation, in the trailing twelve months(TTM) divided by the counts of the total debt, accoring to the company's report frequency.


Computer Task Group Net Debt Paydown Yield % Related Terms

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Computer Task Group (Computer Task Group) Business Description

Traded in Other Exchanges
N/A
Address
300 Corporate Parkway, Suite 214N, Amherst, NY, USA, 14226
Computer Task Group Inc is engaged in providing information technology services to its clients. The company divides its services into information technology solutions and information technology & other staffing. Its segments include North America IT Solutions and Services, Europe IT Solutions and Services, and Non-Strategic Technology Services. The firm derives most of its revenues from information technology & other staffing services. It mainly caters its services to technology service providers, financial services, healthcare, manufacturing, and energy industries. The geographical segments are the United States, Luxembourg, Belgium, and other countries.
Executives
Thomas J Niehaus officer: Executive Vice President 300 CORPORATE PARKWAY SUITE 214N, AMHERST NY 14226
Gyde Filip J L director, officer: President and CEO C/O COMPUTER TASK GROUP INC, 800 DELAWARE AVE, BUFFALO NY 14209
Raj Rajgopal director C/O VIRTUSA CORPORATION, 2000 WEST PARK DRIVE, WESTBOROUGH MA 01581
Helvey Iii James R director 300 CORPORATE PARKWAY SUITE 214N, AMHERST NY 14226
Kathryn A Stein director 300 CORPORATE PARKWAY SUITE 214N, AMHERST NY 14226
Daniel J Sullivan director
Valerie Rahmani director 300 CORPORATE PARKWAY SUITE 214N, AMHERST NY 14226
Owen J Sullivan director 5301 NORTH IRONWOOD ROAD, MILWAUKEE WI 53217
David H Klein director 300 CORPORATE PARKWAY SUITE 214N, AMHERST NY 14226
Jeffrey D Gerkin officer: Executive Vice President 800 DELAWARE AVENUE, BUFFALO NY 14209
John M Laubacker officer: Chief Financial Officer & SVP 300 CORPORATE PARKWAY SUITE 214N, AMHERST NY 14226
Peter P Radetich officer: Sr Vice President & Secretary 300 CORPORATE PARKWAY SUITE 214N, AMHERST NY 14226
Brendan M Harrington officer: Chief Financial Officer Sr VP 800 DELAWARE AVENUE, BUFFALO NY 14209
Cliff Bleustein director, officer: President & CEO 800 DELAWARE AVENUE, BUFFALO NY 14209
Alfred Hamilton officer: Vice President 800 DELAWARE AVENUE, BUFFALO NY 14209