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GK Software SE (XTER:GKS) Debt-to-Equity : 0.28 (As of Jun. 2023)


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What is GK Software SE Debt-to-Equity?

GK Software SE's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was €5.7 Mil. GK Software SE's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was €17.1 Mil. GK Software SE's Total Stockholders Equity for the quarter that ended in Jun. 2023 was €82.7 Mil. GK Software SE's debt to equity for the quarter that ended in Jun. 2023 was 0.28.

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

XTER:GKS' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.04   Med: 0.5   Max: 1.33
Current: 0.28

During the past 13 years, the highest Debt-to-Equity Ratio of GK Software SE was 1.33. The lowest was 0.04. And the median was 0.50.

XTER:GKS's Debt-to-Equity is ranked worse than
56.59% of 2223 companies
in the Software industry
Industry Median: 0.21 vs XTER:GKS: 0.28

GK Software SE Debt-to-Equity Historical Data

The historical data trend for GK Software 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.

GK Software SE Debt-to-Equity Chart

GK Software SE Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.89 1.04 0.69 0.33 0.26

GK Software SE Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 0.28 0.27 0.26 0.30 0.28

Competitive Comparison of GK Software SE's Debt-to-Equity

For the Software - Application subindustry, GK Software 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.


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

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

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



GK Software SE Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

GK Software SE's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 is calculated as

GK Software SE's Debt to Equity Ratio for the quarter that ended in Jun. 2023 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.


GK Software SE  (XTER:GKS) 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.


GK Software SE Debt-to-Equity Related Terms

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


GK Software SE (XTER:GKS) Business Description

Traded in Other Exchanges
Address
Waldstrasse 7, Schoneck, SN, DEU, D-08261
GK Software SE provides standard software for the retail sector. Its products include SAP Store Solutions by GK, GK-in-the-Cloud, Mobile Customer Experience, and many more. Its geographical segments include EMEA; Americas and Other business activities. The company generates maximum revenue from the EMEA segment.
Executives
André Hergert Board of Directors
Rainer Gläß Board of Directors
Herbert Zinn Supervisory Board

GK Software SE (XTER:GKS) Headlines

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