Big Technologies (LSE:BIG) Debt-to-Equity : 0.02 (As of Dec. 2023)

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What is Big Technologies Debt-to-Equity?

Big Technologies's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was £0.27 Mil. Big Technologies's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was £1.58 Mil. Big Technologies's Total Stockholders Equity for the quarter that ended in Dec. 2023 was £125.73 Mil. Big Technologies's debt to equity for the quarter that ended in Dec. 2023 was 0.01.

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

LSE:BIG' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.01 Max: 0.24
Current: 0.02

During the past 5 years, the highest Debt-to-Equity Ratio of Big Technologies was 0.24. The lowest was 0.01. And the median was 0.01.

LSE:BIG's Debt-to-Equity is ranked better than
92.29% of 2219 companies
in the Software industry
Industry Median: 0.21 vs LSE:BIG: 0.02

Big Technologies Debt-to-Equity Historical Data

The historical data trend for Big Technologies'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.

Big Technologies Debt-to-Equity Chart

Big Technologies Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

0.24

0.01

0.02

Big Technologies Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial				0.01	-	0.01	0.01	0.02

Competitive Comparison of Big Technologies's Debt-to-Equity

For the Software - Application subindustry, Big Technologies'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.

Big Technologies's Debt-to-Equity Distribution in the Software Industry

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

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

Big Technologies Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Big Technologies'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
	=	(0.274	+	1.579)	/	125.734
	=	0.01

Big Technologies'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
	=	(0.274	+	1.579)	/	125.734
	=	0.01

Big Technologies (LSE:BIG) 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.

Big Technologies Debt-to-Equity Related Terms

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

Big Technologies (LSE:BIG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Big Technologies PLC (LSE:BIG) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

7I8:Germany

Address

17 Church Street, Talbot House, Rickmansworth, GBR, WD3 1DE

Website

https://www.bigtechnologies.co.uk

Big Technologies PLC provides products and services to the remote and personal monitoring industry under several brand and trading names. The company's criminal justice solution involves proprietary monitoring software combined with modular monitoring hardware being used to accurately track the location of tag wearers. Alongside this, it also offers monitoring services solutions for its customers. The company provides its solutions on a SaaS-like subscription-based model, with long-term contracts spanning up to twelve years in length, providing a secure revenue base from which to deliver contract expansion and to win new contracts. It generates revenue across the world, with operations across the United Kingdom, Australia, United States and Colombia.