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Global Payments (LTS:0IW7) Debt-to-Equity : 0.76 (As of Dec. 2023)


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What is Global Payments Debt-to-Equity?

Global Payments's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1,684 Mil. Global Payments's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $15,692 Mil. Global Payments's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $22,999 Mil. Global Payments's debt to equity for the quarter that ended in Dec. 2023 was 0.76.

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 Global Payments's Debt-to-Equity or its related term are showing as below:

LTS:0IW7' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.35   Med: 1.08   Max: 3.08
Current: 0.76

During the past 13 years, the highest Debt-to-Equity Ratio of Global Payments was 3.08. The lowest was 0.35. And the median was 1.08.

LTS:0IW7's Debt-to-Equity is ranked worse than
66.85% of 929 companies
in the Business Services industry
Industry Median: 0.39 vs LTS:0IW7: 0.76

Global Payments Debt-to-Equity Historical Data

The historical data trend for Global Payments'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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Global Payments Debt-to-Equity Chart

Global Payments Annual Data
Trend May14 May15 May16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.35 0.36 0.47 0.64 0.76

Global Payments 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 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 0.64 0.82 0.79 0.77 0.76

Competitive Comparison of Global Payments's Debt-to-Equity

For the Specialty Business Services subindustry, Global Payments'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.


Global Payments's Debt-to-Equity Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Global Payments's Debt-to-Equity distribution charts can be found below:

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



Global Payments Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Global Payments'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.


Global Payments  (LTS:0IW7) 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.


Global Payments Debt-to-Equity Related Terms

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


Global Payments (LTS:0IW7) Business Description

Traded in Other Exchanges
Address
3550 Lenox Road, Atlanta, GA, USA, 30326
Global Payments is a leading provider of payment processing and software solutions and focuses on serving small and midsize merchants. The company operates in 30 countries and generates about one fourth of its revenue from outside North America, primarily in Europe and Asia. In 2019, Global Payments merged with Total System Services in an all-stock deal that gave Total System Services shareholders 48% of the combined company's shares. The merger added issuer processing operations.

Global Payments (LTS:0IW7) Headlines

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