Converge Technology Solutions (CTS.TO) Debt to Equity Ratio

Price: $5.47
Market Cap: $1.03B
Avg Volume: 1.41M
Country: CA
Industry: Information Technology Services
Sector: Technology
Beta: 1.64
52W Range: $2.9-5.995
Website: Converge Technology Solutions

Debt to Equity Ratio

Converge Technology Solutions's debt to equity ratio indicates the proportion of equity and debt the company uses to finance its assets:

  • Annual: 0.71
  • Quarterly: 0.71
  • TTM: 0.71

Other Key Debt Metrics

These metrics provide additional insights into Converge Technology Solutions's financial leverage and its ability to meet financial obligations:

  • Debt Ratio - indicates the proportion of a company's assets that are financed through debt:
    • Annual: 11.71%
    • Quarterly: 11.71%
    • TTM: 11.71%
  • Debt to Assets Ratio - shows the proportion of a company's assets that are financed by debt:
    • Annual: 11.71%
    • Quarterly: 11.71%
    • TTM: 11.71%

These financial metrics offer a comprehensive view of Converge Technology Solutions's debt structure and financial health. By comparing these ratios with industry benchmarks, investors can better understand the company's leverage and risk profile.

Annual Debt to Equity Ratio

0.71

Quarterly Debt to Equity Ratio

0.71

TTM Debt to Equity Ratio

0.71

Converge Technology Solutions Historical Debt to Equity Ratio
5.005.000.000.00-5.00-5.00-10.00-10.00-15.00-15.00-20.00-20.00Debt to Equity Ratio201720172018201820192019202020202021202120222022202320232024202420252025
Historical Debt Ratio
34.53%34.53%27.62%27.62%20.72%20.72%13.81%13.81%6.91%6.91%0.00%0.00%Debt Ratio201720172018201820192019202020202021202120222022202320232024202420252025
Historical Debt to Assets Ratio
34.53%34.53%27.62%27.62%20.72%20.72%13.81%13.81%6.91%6.91%0.00%0.00%Debt to Assets Ratio201720172018201820192019202020202021202120222022202320232024202420252025

Converge Technology Solutions Historical Debt to Equity Ratio

The table below shows various debt metrics for each year, with the latest data available for the last fiscal year 2024.

Year Debt to Equity Ratio Debt Ratio Debt to Assets Ratio
2024 0.71 11.71% 11.71%
2023 0.74 20.12% 20.12%
2022 0.70 18.75% 18.75%
2021 0.00 0.09% 0.09%
2020 1.37 19.31% 19.31%
2019 -16.75 33.84% 33.84%
2018 -19.65 34.53% 34.53%
2017 -8.84 34.21% 34.21%
2016 0.00 0.00% 0.00%

Related Metrics

Explore detailed financial metrics and analysis for CTS.TO.

Financial Analysis
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Company Intelligence
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