Evolving Systems has the Lowest Debt-to-Capital Ratio in the Application Software Industry (EVOL, CALD, GUID, ULTI, MGIC)
Below are the three companies in the Application Software industry with the lowest Debt-to-Capital ratios. The debt-to-capital ratio is an important measure of how a company is financing its operations along with some insight into its financial strength, relative to other companies in its industry.
Evolving Systems ranks lowest with a a Debt-to-Capital ratio of 0.0%. Following is Callidus Software with a a Debt-to-Capital ratio of 0.2%. Guidance Software ranks third lowest with a a Debt-to-Capital ratio of 0.5%.
Ultimate Software follows with a a Debt-to-Capital ratio of 2.3%, and Magic Software Enterprises rounds out the bottom five with a a Debt-to-Capital ratio of 3.0%.
SmarTrend recommended that subscribers consider buying shares of Magic Software Enterprises on February 17th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $5.98. Since that recommendation, shares of Magic Software Enterprises have risen 15.8%. We continue to monitor Magic Software Enterprises for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: lowest debt-to-capital ratio evolving systems callidus software Guidance Software ultimate software magic software enterprises