What is Bandwidth Debt-to-Equity?
Bandwidth's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $5.1 Mil. Bandwidth's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $638.7 Mil. Bandwidth's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $298.2 Mil.
Bandwidth's debt to equity for the quarter that ended in Mar. 2024 was 2.16.
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 Bandwidth's Debt-to-Equity or its related term are showing as below:
BAND'
s Debt-to-Equity Range Over the Past 10 Years
Min: -80.65 Med: 1.46 Max: 8.31
Current: 2.16
During the past 9 years, the highest Debt-to-Equity Ratio of Bandwidth was 8.31. The lowest was -80.65. And the median was 1.46.
Bandwidth Debt-to-Equity Historical Data
The historical data trend for Bandwidth'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.
Bandwidth Debt-to-Equity Chart
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Bandwidth Annual Data
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Trend |
Dec15 |
Dec16 |
Dec17 |
Dec18 |
Dec19 |
Dec20 |
Dec21 |
Dec22 |
Dec23 |
| Debt-to-Equity |
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0.09 |
0.71 |
1.22 |
1.81 |
2.17 |
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Bandwidth Quarterly Data
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Jun19 |
Sep19 |
Dec19 |
Mar20 |
Jun20 |
Sep20 |
Dec20 |
Mar21 |
Jun21 |
Sep21 |
Dec21 |
Mar22 |
Jun22 |
Sep22 |
Dec22 |
Mar23 |
Jun23 |
Sep23 |
Dec23 |
Mar24 |
| Debt-to-Equity |
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1.48 |
1.46 |
2.31 |
2.17 |
2.16 |
Competitive Comparison of Bandwidth's Debt-to-Equity
For the Software - Infrastructure subindustry, Bandwidth'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.
Bandwidth's Debt-to-Equity Distribution in the Software Industry
For the Software industry and Technology sector, Bandwidth's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Bandwidth's Debt-to-Equity falls into.
Bandwidth Debt-to-Equity Calculation
Debt to Equity measures the financial leverage a company has.
Bandwidth's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as
Bandwidth'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.
Bandwidth (Bandwidth) Business Description
Traded in Other Exchanges
Address
900 Main Campus Drive, Raleigh, NC, USA, 27606
Bandwidth Inc is cloud-based communications platform-as-a-service (CPaaS) provider that enables enterprises to create, scale and operate voice or messaging communications services across any mobile application or connected device. Company earns revenue through the sale of communications services offered through Application Programming Interface software solutions to large as well as small and medium-sized business, customers and is generally derived from usage and service fees. Usage revenue includes voice communication (driven by inbound and outbound minutes and toll-free minutes) and messaging communication (driven by the number of messages) that traverse the platform and network. Service fees include the provision and management of phone numbers and emergency services access.
Executives
| Richard Brandon Asbill |
officer: General Counsel |
C/O BANDWIDTH INC., 900 MAIN CAMPUS DRIVE, RALEIGH NC 27606 |
| Devin M Krupka |
officer: Controller, PAO |
C/O BANDWIDTH INC., 2230 BANDMATE WAY, RALEIGH NC 27607 |
| Daryl Raiford |
officer: Chief Financial Officer |
C/O BANDWIDTH INC., 900 MAIN CAMPUS DRIVE, RALEIGH NC 27606 |
| Kade Ross |
officer: Chief Information Officer |
C/O BANDWIDTH INC., 2230 BANDMATE WAY, RALEIGH NC 27607 |
| David A. Morken |
director, 10 percent owner, officer: Chairman & CEO |
C/O BANDWIDTH INC., 2230 BANDMATE WAY, RALEIGH NC 27607 |
| Rebecca Bottorff |
officer: Chief People Officer |
C/O BANDWIDTH INC., 2230 BANDMATE WAY, RALEIGH NC 27607 |
| Anthony Bartolo |
officer: Chief Operating Officer |
C/O BANDWIDTH INC., 900 MAIN CAMPUS DRIVE, RALEIGH NC 27606 |
| Lukas M. Roush |
director |
C/O BANDWIDTH INC., 2230 BANDMATE WAY, RALEIGH NC 27607 |
| Marina C. Carreker |
officer: President |
C/O BANDWIDTH INC., 900 MAIN CAMPUS DRIVE, RALEIGH NC 27606 |
| Douglas A Suriano |
director |
C/O BANDWIDTH INC., 2230 BANDMATE WAY, RALEIGH NC 27607 |
| Brian D. Bailey |
director, 10 percent owner |
C/O CARMICHAEL INVESTMENT PARTNERS LLC, 4725 PIEDMONT ROW DRIVE, SUITE 210, CHARLOTTE NC 28210 |
| Gabriela Gonzalez |
officer: Sr. VP Finance, Controller |
1801 VARSITY DRIVE, RALEIGH NC 27606 |
| John C. Murdock |
director, 10 percent owner, officer: President |
C/O BANDWIDTH INC., 2230 BANDMATE WAY, RALEIGH NC 27607 |
| Jeffrey A. Hoffman |
officer: Chief Financial Officer |
C/O BANDWIDTH INC., 900 MAIN CAMPUS DRIVE, RALEIGH NC 27606 |
| W. Christopher Matton |
officer: General Counsel |
C/O BANDWIDTH INC., 900 MAIN CAMPUS DRIVE, RALEIGH NC 27606 |
Bandwidth (Bandwidth) Headlines
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