Wavestone (XPAR:WAVE) Debt-to-Equity : 0.17 (As of Sep. 2023)

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What is Wavestone Debt-to-Equity?

Wavestone's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was €10.4 Mil. Wavestone's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was €43.9 Mil. Wavestone's Total Stockholders Equity for the quarter that ended in Sep. 2023 was €311.9 Mil. Wavestone's debt to equity for the quarter that ended in Sep. 2023 was 0.17.

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

XPAR:WAVE' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.05 Med: 0.46 Max: 1.16
Current: 0.17

During the past 13 years, the highest Debt-to-Equity Ratio of Wavestone was 1.16. The lowest was 0.05. And the median was 0.46.

XPAR:WAVE's Debt-to-Equity is ranked better than
54.43% of 2223 companies
in the Software industry
Industry Median: 0.21 vs XPAR:WAVE: 0.17

Wavestone Debt-to-Equity Historical Data

The historical data trend for Wavestone'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.

Wavestone Debt-to-Equity Chart

Wavestone Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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0.59

0.75

0.42

0.26

0.20

Wavestone Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial															0.35	0.26	0.23	0.20	0.17

Competitive Comparison of Wavestone's Debt-to-Equity

For the Information Technology Services subindustry, Wavestone'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.

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

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

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

Wavestone Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Wavestone's Debt to Equity Ratio for the fiscal year that ended in Mar. 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
	=	(10.311	+	49.145)	/	299.05
	=	0.20

Wavestone's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(10.44	+	43.923)	/	311.899
	=	0.17

Wavestone (XPAR:WAVE) 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.

Wavestone Debt-to-Equity Related Terms

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

Wavestone (XPAR:WAVE) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

2WSA:Germany

Address

100-101 Terrasse Boieldieu, Tour Franklin, Paris La Defense Cedex, Paris, FRA, 92042

Website

https://www.wavestone.com

Wavestone SA is a management and Information Technology consulting firm. The company serves Services, Consumer goods and distribution, Energy and Utilities, Manufacturing, Public sector and International Institutions, and the Transport and Travel sector. Its technologies include IT and Data architecture, Cybersecurity and digital trust, and others. It provides services such as financial risks and purchases, management and financing of innovation, supply chain, and others. Geographically, it generates the majority of its revenue from France.