4iG Nyrt (BUD:4IG) Debt-to-Equity : 6.97 (As of Dec. 2023)

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What is 4iG Nyrt Debt-to-Equity?

4iG Nyrt's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was Ft37,181 Mil. 4iG Nyrt's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was Ft866,532 Mil. 4iG Nyrt's Total Stockholders Equity for the quarter that ended in Dec. 2023 was Ft129,712 Mil. 4iG Nyrt's debt to equity for the quarter that ended in Dec. 2023 was 6.97.

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 4iG Nyrt's Debt-to-Equity or its related term are showing as below:

BUD:4IG' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.28 Med: 0.58 Max: 28.41
Current: 6.97

During the past 13 years, the highest Debt-to-Equity Ratio of 4iG Nyrt was 28.41. The lowest was 0.28. And the median was 0.58.

BUD:4IG's Debt-to-Equity is ranked worse than
98.46% of 2214 companies
in the Software industry
Industry Median: 0.21 vs BUD:4IG: 6.97

4iG Nyrt Debt-to-Equity Historical Data

The historical data trend for 4iG Nyrt'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.

4iG Nyrt Debt-to-Equity Chart

4iG Nyrt Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.40

0.55

28.41

2.43

6.97

4iG Nyrt Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															2.43	5.30	7.73	8.90	6.97

Competitive Comparison of 4iG Nyrt's Debt-to-Equity

For the Information Technology Services subindustry, 4iG Nyrt'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.

4iG Nyrt's Debt-to-Equity Distribution in the Software Industry

For the Software industry and Technology sector, 4iG Nyrt's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where 4iG Nyrt's Debt-to-Equity falls into.

4iG Nyrt Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

4iG Nyrt'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
	=	(37181	+	866532)	/	129712
	=	6.97

4iG Nyrt's Debt to Equity Ratio for the quarter 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
	=	(37181	+	866532)	/	129712
	=	6.97

4iG Nyrt (BUD:4IG) 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.

4iG Nyrt Debt-to-Equity Related Terms

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4iG Nyrt (BUD:4IG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » 4iG Nyrt (BUD:4IG) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Montevideo Street 8, Budapest, HUN, 1037

Website

https://www.4ig.hu

4iG Nyrt operates in the software application industry in Hungary. The company is engaged in project management and professional quality assurance, operation of database and application servers, oracle ERP and CMS development, implementation and operate ECM solutions, and account management consultancy. It operates through the following segments: IT services and trade; Telecommunications and Other activities. The company generates maximum revenue from the Telecommunications segment.

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