CoreCard (CoreCard) Debt-to-Equity

: 0.02 (As of Dec. 2023)

View and export this data going back to 1995. Start your Free Trial

CoreCard's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil. CoreCard's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1.12 Mil. CoreCard's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $52.70 Mil. CoreCard's debt to equity for the quarter that ended in Dec. 2023 was 0.02.

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

CCRD' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.04 Max: 0.06
Current: 0.02

During the past 13 years, the highest Debt-to-Equity Ratio of CoreCard was 0.06. The lowest was 0.01. And the median was 0.04.

CCRD's Debt-to-Equity is ranked better than
92.17% of 2222 companies
in the Software industry
Industry Median: 0.21 vs CCRD: 0.02

CoreCard Debt-to-Equity Historical Data

The historical data trend for CoreCard'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.

CoreCard Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

0.01

0.05

0.06

0.04

0.02

CoreCard 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																0.04	0.03	0.03	0.03	0.02

Competitive Comparison

For the Software - Application subindustry, CoreCard'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.

CoreCard Debt-to-Equity Distribution

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

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

CoreCard Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

CoreCard'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
	=	(0	+	1.121)	/	52.704
	=	0.02

CoreCard'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
	=	(0	+	1.121)	/	52.704
	=	0.02

CoreCard (NYSE:CCRD) 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.

CoreCard Debt-to-Equity Related Terms

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

CoreCard (CoreCard) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » CoreCard Corp (NYSE:CCRD) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

One Meca Way, Norcross, GA, USA, 30093

Website

https://www.corecard.com

CoreCard Corp is engaged in the business of providing technology solutions and processing services to the financial technology and services market. It designs, develops and markets a comprehensive suite of software solutions to program managers, accounts receivable businesses, financial institutions, retailers and processors to manage their credit and debit cards, prepaid cards, private label cards, fleet cards, buy now pay later programs, loyalty programs and accounts receivable and loan transactions. The CoreCard software platform and modules include CoreENGINE, CoreISSUE, CoreFRAUD, CoreCOLLECT, CoreAPP, CoreMONEY and CoreACQUIRE. Its customers are located in the U.S, European Union and the Middle East of which key revenue is derived from the U.S.

Executives

J Leland Strange	director, 10 percent owner, Pres & CEO	4355 SHACKLEFORD RD, NORCROSS GA 30093
Kathryn Petralia	director	TRICOLOR HOLDINGS, INC., 6021 CONNECTION DRIVE, 4TH FLOOR, IRVING TX 75039
Elizabeth W Camp	director	1111 BAY AVENUE, SUITE 501, COLUMBUS GA 31901
Philip H Moise	director	3130 GATEWAY DRIVE, NORCROSS GA 30071
Chandler A Russell Iii	director	C/O KILPATRICK STOCKTON LLP, 110 PEACHTREE STREET SUITE 2800, ATLANTA GA 30309
Matthew A White	officer: CFO and Corporate Secretary	4355 SHACKLEFORD RD, NORCROSS GA 30093
Karen J Reynolds	officer: Chief Financial Officer	1816 MAGNOLIA BLUFF WAY, DULUTH GA 30097
Cherie M Fuzzell	director	2795 EAST COTTONWOOD PARKWAY, SUITE 660, SLC UT 84121
Bonnie L Herron	officer: Chief Financial Officer
J William Goodhew	officer: Vice President
John B Peatman	director
Francis A Marks	officer: Vice President
James V Napier	director	3355 LENOX ROAD, SUITE 750, ATLANTA 2Q 30326
Parker H Petit	director	1850 PARKWAY PL, MARIETTA GA 30067
Donald A Mcmahon	director