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Sylogist (Sylogist) Debt-to-Equity : 0.52 (As of Mar. 2024)


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What is Sylogist Debt-to-Equity?

Sylogist's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $14.23 Mil. Sylogist's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.00 Mil. Sylogist's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $27.40 Mil. Sylogist's debt to equity for the quarter that ended in Mar. 2024 was 0.52.

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

SYZLF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01   Med: 0.43   Max: 0.66
Current: 0.52

During the past 13 years, the highest Debt-to-Equity Ratio of Sylogist was 0.66. The lowest was 0.01. And the median was 0.43.

SYZLF's Debt-to-Equity is ranked worse than
72.73% of 2211 companies
in the Software industry
Industry Median: 0.21 vs SYZLF: 0.52

Sylogist Debt-to-Equity Historical Data

The historical data trend for Sylogist'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.

Sylogist Debt-to-Equity Chart

Sylogist Annual Data
Trend Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.01 0.41 0.47

Sylogist Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.55 0.58 0.46 0.47 0.52

Competitive Comparison of Sylogist's Debt-to-Equity

For the Software - Application subindustry, Sylogist'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.


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

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

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



Sylogist Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Sylogist's Debt to Equity Ratio for the quarter that ended in Mar. 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.


Sylogist  (OTCPK:SYZLF) 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.


Sylogist Debt-to-Equity Related Terms

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


Sylogist (Sylogist) Business Description

Traded in Other Exchanges
Address
5 Richard Way S.W., Suite 102, Calgary, AB, CAN, T3E 7M8
Sylogist Ltd is a software company that provides Enterprise Resource Planning solutions, including fund accounting, grant management, and payroll to public service organizations. The only segment is Public Sector. Its solutions include Serenic Navigator for K-12 Education, Serenic Navigator for Nonprofit Organizations, NaviPayroll, NaviTrak, NaviView, NaviNet, NaviBridge, and others. It receives maximum revenue in the form of cloud subscriptions. Geographically, the company offers its services to the United States of America, Canada, and the United Kingdom region. The majority of the revenue comes from the United States of America.

Sylogist (Sylogist) Headlines

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Experienced CTIO Joins Sylogist

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By GlobeNewswire GlobeNewswire 05-19-2023