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Accenture (LTS:0Y0Y) Debt-to-Equity : 0.12 (As of Feb. 2024)


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What is Accenture Debt-to-Equity?

Accenture's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was $794 Mil. Accenture's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was $2,365 Mil. Accenture's Total Stockholders Equity for the quarter that ended in Feb. 2024 was $27,123 Mil. Accenture's debt to equity for the quarter that ended in Feb. 2024 was 0.12.

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

LTS:0Y0Y' s Debt-to-Equity Range Over the Past 10 Years
Min: 0   Med: 0.01   Max: 0.22
Current: 0.12

During the past 13 years, the highest Debt-to-Equity Ratio of Accenture was 0.22. The lowest was 0.00. And the median was 0.01.

LTS:0Y0Y's Debt-to-Equity is ranked better than
61.57% of 2222 companies
in the Software industry
Industry Median: 0.21 vs LTS:0Y0Y: 0.12

Accenture Debt-to-Equity Historical Data

The historical data trend for Accenture'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.

Accenture Debt-to-Equity Chart

Accenture Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.21 0.18 0.15 0.12

Accenture Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 0.14 0.12 0.12 0.12 0.12

Competitive Comparison of Accenture's Debt-to-Equity

For the Information Technology Services subindustry, Accenture'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.


Accenture's Debt-to-Equity Distribution in the Software Industry

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

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



Accenture Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Accenture's Debt to Equity Ratio for the fiscal year that ended in Aug. 2023 is calculated as

Accenture's Debt to Equity Ratio for the quarter that ended in Feb. 2024 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.


Accenture  (LTS:0Y0Y) 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.


Accenture Debt-to-Equity Related Terms

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


Accenture (LTS:0Y0Y) Business Description

Traded in Other Exchanges
Address
1 Grand Canal Square, Grand Canal Harbour, Dublin, IRL, 2
Accenture is a leading global IT-services firm that provides consulting, strategy, and technology and operational services. These services run the gamut from aiding enterprises with digital transformation to procurement services to software system integration. The company provides its IT offerings to a variety of sectors, including communications, media and technology, financial services, health and public services, consumer products, and resources. Accenture employs just under 500,000 people throughout 200 cities in 51 countries.

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