Econocom Group SE (XBRU:ECONB) Debt-to-Equity : 1.38 (As of Dec. 2023)

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What is Econocom Group SE Debt-to-Equity?

Econocom Group SE's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €133 Mil. Econocom Group SE's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €437 Mil. Econocom Group SE's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €414 Mil. Econocom Group SE's debt to equity for the quarter that ended in Dec. 2023 was 1.38.

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 Econocom Group SE's Debt-to-Equity or its related term are showing as below:

XBRU:ECONB' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.37 Med: 1.74 Max: 2.45
Current: 1.38

During the past 13 years, the highest Debt-to-Equity Ratio of Econocom Group SE was 2.45. The lowest was 1.37. And the median was 1.74.

XBRU:ECONB's Debt-to-Equity is ranked worse than
89.3% of 2225 companies
in the Software industry
Industry Median: 0.21 vs XBRU:ECONB: 1.38

Econocom Group SE Debt-to-Equity Historical Data

The historical data trend for Econocom Group SE'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.

Econocom Group SE Debt-to-Equity Chart

Econocom Group SE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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2.45

1.94

1.65

1.82

1.38

Econocom Group SE Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															1.65	2.15	1.82	1.59	1.38

Competitive Comparison of Econocom Group SE's Debt-to-Equity

For the Information Technology Services subindustry, Econocom Group SE'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.

Econocom Group SE's Debt-to-Equity Distribution in the Software Industry

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

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

Econocom Group SE Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Econocom Group SE'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
	=	(132.6	+	436.9)	/	413.9
	=	1.38

Econocom Group SE'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
	=	(132.6	+	436.9)	/	413.9
	=	1.38

Econocom Group SE (XBRU:ECONB) 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.

Econocom Group SE Debt-to-Equity Related Terms

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

Econocom Group SE (XBRU:ECONB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Econocom Group SE (XBRU:ECONB) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

0RPX:UK 1E91:Germany

Address

11 square Leon Blum, Puteaux, FRA, 92800

Website

https://www.econocom.com

Econocom Group SE Formerly Econocom Group SA/NV is a European company that designs, finances, and oversees the digital transformation of businesses. The company provides consulting technology management, and financing of digital assets under the Econocom and Atlance brands, as well as application and digital solution services for client companies' IT systems. Additionally, Econocom provides security guidelines and tools, web and mobile applications, and project financing. The company generates revenue from France, Benelux, and other regions in Europe and the Americas, with France representing more than half of total sales. The company operates through three segments: Technology management and financing and Digital Services & Solutions.

Econocom Group SE (XBRU:ECONB) Headlines

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