CBIZ (CBZ) Debt-to-Equity : 0.70 (As of Dec. 2023)

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What is CBIZ Debt-to-Equity?

CBIZ's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $36 Mil. CBIZ's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $515 Mil. CBIZ's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $792 Mil. CBIZ's debt to equity for the quarter that ended in Dec. 2023 was 0.70.

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

CBZ' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.23 Med: 0.44 Max: 0.7
Current: 0.7

During the past 13 years, the highest Debt-to-Equity Ratio of CBIZ was 0.70. The lowest was 0.23. And the median was 0.44.

CBZ's Debt-to-Equity is ranked worse than
63.98% of 930 companies
in the Business Services industry
Industry Median: 0.4 vs CBZ: 0.70

CBIZ Debt-to-Equity Historical Data

The historical data trend for CBIZ'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.

CBIZ Debt-to-Equity Chart

CBIZ Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.40

0.47

0.67

0.70

CBIZ 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															0.67	0.81	0.80	0.75	0.70

Competitive Comparison of CBIZ's Debt-to-Equity

For the Specialty Business Services subindustry, CBIZ'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.

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

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

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

CBIZ Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

CBIZ'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
	=	(36.283	+	514.731)	/	791.618
	=	0.70

CBIZ'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
	=	(36.283	+	514.731)	/	791.618
	=	0.70

CBIZ (NYSE:CBZ) 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.

CBIZ Debt-to-Equity Related Terms

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

CBIZ (CBZ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » CBIZ Inc (NYSE:CBZ) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

XC4:Germany

Address

6801 Brecksville Road, Door N., Independence, OH, USA, 44131

Website

https://www.cbiz.com

CBIZ Inc through its subsidiaries provides professional business services. Its business units have been aggregated into three practice groups: Financial Services, Benefits and Insurance Services, and National Practices. The company provides its services to various industries such as Agribusiness, Agribusiness, SAAS, Construction, Health Care, Oil and Gas, Real Estate, Retail, Financial Institutions, and Government among others. It derives the majority of its revenues from the Financial Services segment and geographically from the United States.

Executives

Ware H Grove	officer: C.F.O.	6480 ROCKSIDE WOODS BLVD SOUTH, SUITE 330, CLEVELAND OH 44131
Benaree Pratt Wiley	director	C/O BNY MELLON INVESTMENT ADVISER, INC., 240 GREENWICH STREET, NEW YORK NY 10286
Joseph S Dimartino	director
Chris Spurio	officer: President, Financial Services
Michael P Kouzelos	officer: President, Employee Services	6050 OAK TREE BLVD SUITE 500, CLEVELAND OH 44131
Rodney A Young	director	350 OAK GROVE PARKWAY, SAINT PAUL MN 55127
Sherrill W Hudson	director	201 SOUTH BISCAYNE BOULEVARD, 34TH FLOOR, MIAMI CENTER, MIAMI FL 33131
Jerome P Grisko	director, officer: President and COO
Todd J Slotkin	director	35 EAST 62ND STREET, NEW YORK NY 10021
Richard T Marabito	director	5096 RICHMOND ROAD, BEDFORD HEIGHTS OH 44146
Steven L Gerard	director	P.O. BOX 554, MILWAUKEE WI 53201-0554
A Haag Sherman	director	600 TRAVIS STREET, SUITE 5900, HOUSTON TX 77002
Donald V Weir	director	SANDERS MORRIS HARRIS, 600 TRAVIS, HOUSTON TX 77002
Gina D France	director	III CASCADE PLAZA, AKRON OH 44308
Michael H Degroote	director	1111 INTERNATIONAL BLVD., BURLINGTON A6 L7L 6W1