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Evertec (Evertec) Debt-to-Equity : 2.09 (As of Mar. 2024)


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What is Evertec Debt-to-Equity?

Evertec's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $111.4 Mil. Evertec's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $950.4 Mil. Evertec's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $507.3 Mil. Evertec's debt to equity for the quarter that ended in Mar. 2024 was 2.09.

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

EVTC' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.78   Med: 2.53   Max: 7.27
Current: 2.09

During the past 13 years, the highest Debt-to-Equity Ratio of Evertec was 7.27. The lowest was 0.78. And the median was 2.53.

EVTC's Debt-to-Equity is ranked worse than
93.53% of 2224 companies
in the Software industry
Industry Median: 0.21 vs EVTC: 2.09

Evertec Debt-to-Equity Historical Data

The historical data trend for Evertec'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.

Evertec Debt-to-Equity Chart

Evertec Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.08 1.55 1.04 0.95 1.66

Evertec Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.83 0.78 0.78 1.66 2.09

Competitive Comparison of Evertec's Debt-to-Equity

For the Software - Infrastructure subindustry, Evertec'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.


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

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

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



Evertec Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Evertec's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Evertec'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.


Evertec  (NYSE:EVTC) 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.


Evertec Debt-to-Equity Related Terms

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


Evertec (Evertec) Business Description

Traded in Other Exchanges
Address
Cupey Center Building, Road 176, Kilometer 1.3, San Juan, PRI, 00926
Evertec Inc is a transaction processing business in Latin America and the Caribbean. Its business segments are Merchant Acquiring, Payment Services - Puerto Rico & Caribbean, Payment Services - Latin America, and Business Solutions. The company serves a diversified customer base of financial institutions, merchants, corporations and government agencies with mission-critical technology solutions that enable them to issue, process and accept transactions securely. The company derives revenue based on transaction or discount fees or fees based on the number of accounts on file.
Executives
Diego Viglianco officer: EVP & Chief Operating Officer PO BOX 364527, SAN JUAN PR 00936
Paola Perez-surillo officer: Senior Vice President PO BOX 364527, SAN JUAN PR 00936-4527
Virginia Gambale director C/O JETBLUE AIRWAYS CORP., 27-01 QUEENS PLAZA NORTH, LONG ISLAND CITY NY 11101
Joaquin A. Castrillo-salgado officer: Vice President of Finance PO BOX 364527, SAN JUAN PR 00936-4527
Luis A Rodriguez-gonzalez officer: General Counsel & Secretary PO BOX 364527, SAN JUAN PR 00936-4527
Morgan M Schuessler director, officer: President & CEO PO BOX 364527, SAN JUAN PR 00936-4527
Popular Inc 10 percent owner P.O. BOX 362708, SAN JUAN PR 00936-2708
Guillermo Rospigliosi officer: Executive Vice President PO BOX 364527, SAN JUAN PR 00936-4527
Castillo Rodrigo Del officer: Executive Vice President PO BOX 364527, SAN JUAN PR 00936-4527
Kelly Hefner Barrett director 4630 WYNMEADE PARK, MARIETTA GA 30067
Philip E. Steurer officer: Chief Operating Officer PO BOX 364527, SAN JUAN PR 00936-4527
Miguel Vizcarrondo officer: Executive Vice President PO BOX 364527, SAN JUAN PR 00936-4527
Frank D. D'angelo director PO BOX 364527, SAN JUAN PR 00936-4527
Carlos J. Ramirez officer: Executive Vice President PO BOX 364527, SAN JUAN PR 00936-4527
Ivan Pagan director PO BOX 364527, SAN JUAN PR 00936-4527

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