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CCC Intelligent Solutions Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $15.1 Mil. CCC Intelligent Solutions Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $815.9 Mil. CCC Intelligent Solutions Holdings's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $1,783.5 Mil. CCC Intelligent Solutions Holdings's debt to equity for the quarter that ended in Mar. 2024 was 0.47.
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 CCC Intelligent Solutions Holdings's Debt-to-Equity or its related term are showing as below:
During the past 5 years, the highest Debt-to-Equity Ratio of CCC Intelligent Solutions Holdings was 0.96. The lowest was 0.41. And the median was 0.44.
The historical data trend for CCC Intelligent Solutions Holdings'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.
CCC Intelligent Solutions Holdings Annual Data | |||||||||||
Trend | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | ||||||
Debt-to-Equity | N/A | 0.96 | 0.46 | 0.41 | 0.47 |
CCC Intelligent Solutions Holdings Quarterly Data | ||||||||||||||||
Dec19 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | |
Debt-to-Equity | Get a 7-Day Free Trial | 0.41 | 0.41 | 0.41 | 0.47 | 0.47 |
For the Software - Infrastructure subindustry, CCC Intelligent Solutions Holdings'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.
For the Software industry and Technology sector, CCC Intelligent Solutions Holdings's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where CCC Intelligent Solutions Holdings's Debt-to-Equity falls into.
Debt to Equity measures the financial leverage a company has.
CCC Intelligent Solutions Holdings'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 | |
= | (14.788 | + | 818.3) | / | 1782.277 | |
= | 0.47 |
CCC Intelligent Solutions Holdings's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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 | |
= | (15.136 | + | 815.94) | / | 1783.509 | |
= | 0.47 |
* 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.
CCC Intelligent Solutions Holdings (NAS:CCCS) 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.
Thank you for viewing the detailed overview of CCC Intelligent Solutions Holdings's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.
Lauren Young | director | C/O ADVENT INTERNATIONAL, PRUDENTIAL TOWER, 800 BOYLSTON STREET, BOSTON MA 02199 |
Advent International Corp/ma | director, 10 percent owner | 800 BOYLSTON STREET SUITE 3300, BOSTON MA 02199 |
Eric Wei | director | C/O ADVENT INTERNATIONAL, PRUDENTIAL TOWER, 800 BOYLSTON STREET, BOSTON MA 02199 |
Christopher Egan | director | 800 BOYLSTON STREET SUITE 3300, BOSTON MA 02199 |
Advent International Gp, Llc | director, 10 percent owner | 800 BOYLSTON STREET SUITE 3300, BOSTON MA 02199 |
Rodney Christo | officer: Chief Accounting Officer | 222 MERCHANDISE MART PLAZA, SUITE 900, CHICAGO IL 60654 |
Brian Herb | officer: See Remarks | 222 MERCHANDISE MART PLAZA, SUITE 900, CHICAGO IL 60654 |
Eileen Schloss | director | C/O MEDIDATA SOLUTIONS, INC., 79 FIFTH AVENUE, 8TH FLOOR, NEW YORK NY 10003 |
Marc Fredman | officer: See Remarks | 222 MERCHANDISE MART PLAZA, SUITE 900, CHICAGO IL 60654 |
Mary Jo Prigge | officer: See Remarks | |
John Page Goodson | officer: Chief Technology Officer | 14 OAK PARK DRIVE, BEDFORD MA 01730 |
Michael John Silva | officer: See Remarks | 222 MERCHANDISE MART PLAZA, SUITE 900, CHICAGO IL 60654 |
William Ingram | director | C/O LEAP WIRELESS INTERNATIONAL, INC., 5887 COPLEY DRIVE, SAN DIEGO CA 92111 |
Cypress Investor Holdings, Lp | director, 10 percent owner | PRUDENTIAL TOWER, 800 BOYLSTON STREET, BOSTON MA 02199 |
Oh Cypress Aggregator, L.p. | director | ONE STAMFORD PLAZA, 262 TRESSER BOULEVARD, 15TH FLOOR, STAMFORD CT 06901 |
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