TruBridge (FRA:PS1) Debt-to-Equity : 1.09 (As of Dec. 2023)

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What is TruBridge Debt-to-Equity?

TruBridge's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €4.5 Mil. TruBridge's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €181.9 Mil. TruBridge's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €171.1 Mil. TruBridge's debt to equity for the quarter that ended in Dec. 2023 was 1.09.

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

FRA:PS1' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.42 Med: 0.73 Max: 1.09
Current: 1.09

During the past 13 years, the highest Debt-to-Equity Ratio of TruBridge was 1.09. The lowest was 0.42. And the median was 0.73.

FRA:PS1's Debt-to-Equity is ranked worse than
73.06% of 553 companies
in the Healthcare Providers & Services industry
Industry Median: 0.47 vs FRA:PS1: 1.09

TruBridge Debt-to-Equity Historical Data

The historical data trend for TruBridge'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.

TruBridge Debt-to-Equity Chart

TruBridge Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.63

0.42

0.48

0.64

1.09

TruBridge Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.64	0.63	0.65	0.65	1.09

Competitive Comparison of TruBridge's Debt-to-Equity

For the Health Information Services subindustry, TruBridge'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.

TruBridge's Debt-to-Equity Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, TruBridge's Debt-to-Equity distribution charts can be found below:

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

TruBridge Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

TruBridge's Debt to Equity Ratio for the fiscal year 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
	=	(4.535	+	181.881)	/	171.129
	=	1.09

TruBridge'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
	=	(4.535	+	181.881)	/	171.129
	=	1.09

TruBridge (FRA:PS1) 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.

TruBridge Debt-to-Equity Related Terms

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

TruBridge (FRA:PS1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » TruBridge Inc (FRA:PS1) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

CPSI:USA PS1:Germany

Address

54 St. Emanuel Street, Mobile, AL, USA, 36602

Website

https://www.cpsi.com

Computer Programs and Systems Inc is a provider of healthcare solutions and services for community hospitals and post-acute care facilities. The company's segment includes Acute Care EHR, Post-acute Care EHR, and TruBridge. Acute Care EHR segment consists of acute care software solutions and support sales generated by Evident and Health and. Post-acute Care EHR segment consists of post-acute care software solutions and support sales generated by AHT, and TruBridge segment primarily consists of business management, consulting and managed IT services sales generated by TruBridge and the sale of Rycan's revenue cycle management workflow and automation software. It generates a majority of its revenue from the Acute Care EHR segment.

TruBridge (FRA:PS1) Headlines

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