Alfa Financial Software Holdings (LSE:ALFA) Debt-to-Equity : 0.20 (As of Dec. 2023)

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What is Alfa Financial Software Holdings Debt-to-Equity?

Alfa Financial Software Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was £1.4 Mil. Alfa Financial Software Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was £6.8 Mil. Alfa Financial Software Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was £42.0 Mil. Alfa Financial Software Holdings's debt to equity for the quarter that ended in Dec. 2023 was 0.20.

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 Alfa Financial Software Holdings's Debt-to-Equity or its related term are showing as below:

LSE:ALFA' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.2 Med: 0.23 Max: 0.39
Current: 0.2

During the past 11 years, the highest Debt-to-Equity Ratio of Alfa Financial Software Holdings was 0.39. The lowest was 0.20. And the median was 0.23.

LSE:ALFA's Debt-to-Equity is ranked better than
51.42% of 2219 companies
in the Software industry
Industry Median: 0.21 vs LSE:ALFA: 0.20

Alfa Financial Software Holdings Debt-to-Equity Historical Data

The historical data trend for Alfa Financial Software Holdings'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.

Alfa Financial Software Holdings Debt-to-Equity Chart

Alfa Financial Software Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.23

0.29

0.39

0.22

0.20

Alfa Financial Software Holdings Semi-Annual Data
	Dec14	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial													0.39	0.39	0.22	0.21	0.20

Competitive Comparison of Alfa Financial Software Holdings's Debt-to-Equity

For the Software - Application subindustry, Alfa Financial Software Holdings'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.

Alfa Financial Software Holdings's Debt-to-Equity Distribution in the Software Industry

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

* The bar in red indicates where Alfa Financial Software Holdings's Debt-to-Equity falls into.

Alfa Financial Software Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Alfa Financial Software Holdings'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
	=	(1.4	+	6.8)	/	42
	=	0.20

Alfa Financial Software Holdings'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
	=	(1.4	+	6.8)	/	42
	=	0.20

Alfa Financial Software Holdings (LSE:ALFA) 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.

Alfa Financial Software Holdings Debt-to-Equity Related Terms

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Alfa Financial Software Holdings (LSE:ALFA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Alfa Financial Software Holdings PLC (LSE:ALFA) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

ALFAl:UK A9F:Germany

Address

1 Fore Street Avenue, Moor Place, London, GBR, EC2Y 9DT

Website

https://www.alfasystems.com

Alfa Financial Software Holdings PLC is a Developer of software systems and services designed for the global asset and automotive finance industry. The company's technology platform supports both retail and corporate business for auto, equipment, wholesale, and dealer finance on a multijurisdictional basis, including leases/loans, originations, and servicing, enabling finance companies to find compelling solutions.

Alfa Financial Software Holdings (LSE:ALFA) Headlines

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