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Workday (Workday) Debt-to-Equity : 0.41 (As of Jan. 2024)


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What is Workday Debt-to-Equity?

Workday's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was $89 Mil. Workday's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was $3,207 Mil. Workday's Total Stockholders Equity for the quarter that ended in Jan. 2024 was $8,082 Mil. Workday's debt to equity for the quarter that ended in Jan. 2024 was 0.41.

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

WDAY' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.41   Med: 0.52   Max: 0.94
Current: 0.41

During the past 13 years, the highest Debt-to-Equity Ratio of Workday was 0.94. The lowest was 0.41. And the median was 0.52.

WDAY's Debt-to-Equity is ranked worse than
66.2% of 2222 companies
in the Software industry
Industry Median: 0.21 vs WDAY: 0.41

Workday Debt-to-Equity Historical Data

The historical data trend for Workday'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.

Workday Debt-to-Equity Chart

Workday Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.63 0.68 0.46 0.58 0.41

Workday Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 0.58 0.55 0.52 0.49 0.41

Competitive Comparison of Workday's Debt-to-Equity

For the Software - Application subindustry, Workday'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.


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

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

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



Workday Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Workday's Debt to Equity Ratio for the fiscal year that ended in Jan. 2024 is calculated as

Workday's Debt to Equity Ratio for the quarter that ended in Jan. 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.


Workday  (NAS:WDAY) 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.


Workday Debt-to-Equity Related Terms

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


Workday (Workday) Business Description

Address
6110 Stoneridge Mall Road, Pleasanton, CA, USA, 94588
Workday is a software company that offers human capital management, or HCM, financial management, and business planning solutions. Known for being a cloud-only software provider, Workday is headquartered in Pleasanton, California. Founded in 2005, Workday now employs over 12,000 employees.
Executives
David A Duffield 10 percent owner C/O WORKDAY, INC., 6230 STONERIDGE MALL ROAD, PLEASANTON CA 94588
Sayan Chakraborty officer: Co-President 6110 STONERIDGE MALL ROAD, PLEASANTON CA 94588
Richard Harry Sauer officer: EVP, General Counsel & Secty 6110 STONERIDGE MALL ROAD, PLEASANTON CA 94588
James Bozzini officer: Senior Vice President 6230 STONERIDGE MALL ROAD, PLEASANTON CA 94588
Aneel Bhusri director, 10 percent owner, officer: Co-CEO and Chairman
Douglas A. Robinson officer: Co-President 6110 STONERIDGE MALL ROAD, PLEASANTON CA 94588
Zane Rowe officer: Chief Financial Officer 1600 SMITH STREET, HQSEO, HOUSTON TX 77002
Still George J Jr director NORWEST VENTURE PARTNERS, 525 UNIVERSITY AVENUE, SUITE 800, PALO ALTO CA 94301
Carl M. Eschenbach director C/O SEQUOIA CAPITAL, 2800 SAND HILL ROAD, SUITE 101, PALO ALTO CA 94025
Christa Davies director AON CORPORATE LAW DEPT, 200 EAST RANDOLPH ST, 8TH FL, CHICAGO IL 60601
Barbara A Larson officer: Chief Financial Officer 6110 STONERIDGE MALL ROAD, PLEASANTON CA 94588
Mark J Hawkins director C/O LOGITECH, INC., 6505 KAISER DRIVE, FREMONT CA 94555
Robynne Sisco officer: Chief Financial Officer 3401 HILLVIEW AVENUE, PALO ALTO CA 94304
Gomez Luciano Fernandez officer: Co-President 1A SHAWFIELD STREET,, RICHARDSON HOUSE, LONDON X0 SW3 4BA
Frederick Wayne A.i. director 500 W MAIN ST., LOUISVILLE KY 40202