Claranova (XPAR:CLA) Debt-to-Equity : -69.05 (As of Dec. 2023)

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What is Claranova Debt-to-Equity?

Claranova's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €116.4 Mil. Claranova's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €35.5 Mil. Claranova's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €-2.2 Mil. Claranova's debt to equity for the quarter that ended in Dec. 2023 was -69.05.

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

XPAR:CLA' s Debt-to-Equity Range Over the Past 10 Years
Min: -131.93 Med: 0.95 Max: 22.53
Current: -69.05

During the past 13 years, the highest Debt-to-Equity Ratio of Claranova was 22.53. The lowest was -131.93. And the median was 0.95.

XPAR:CLA's Debt-to-Equity is not ranked
in the Software industry.
Industry Median: 0.21 vs XPAR:CLA: -69.05

Claranova Debt-to-Equity Historical Data

The historical data trend for Claranova'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.

Claranova Debt-to-Equity Chart

Claranova Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Debt-to-Equity

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0.99

1.56

1.09

-131.93

-9.94

Claranova 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															5.53	-131.93	-15.34	-9.94	-69.05

Competitive Comparison of Claranova's Debt-to-Equity

For the Software - Application subindustry, Claranova'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.

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

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

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

Claranova Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Claranova's Debt to Equity Ratio for the fiscal year that ended in Jun. 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
	=	(98.4	+	93.5)	/	-19.3
	=	-9.94

Claranova'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
	=	(116.4	+	35.5)	/	-2.2
	=	-69.05

Claranova (XPAR:CLA) 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.

Claranova Debt-to-Equity Related Terms

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Claranova (XPAR:CLA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Claranova SA (XPAR:CLA) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

0N6K:UK BV51:Germany

Address

2 rue Berthelot CS 80141 Immeuble Adamas, Courbevoie, Paris, FRA, 92414

Website

https://www.claranova.com

Claranova SA is a diversified technology company. Its operating segments include PlanetArt; Avanquest and myDevices. It generates maximum revenue from the PlanetArt segment. PlanetArt segment combines the FreePrints mobile apps range and e-commerce sites selling personalized gifts. Geographically, the company operates in United Kingdom, United States, Germany, France, Other European Countries and the rest of the world. It derives a majority of its revenue from the United States.