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Lowest Debt-to-Capital Ratio in the Application Software Industry Detected in Shares of Evolving Systems (EVOL, CALD, GUID, ULTI, MGIC)

By David Diaz

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%. Callidus Software is next 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 its subscribers protect gains by selling shares of Evolving Systems on May 23rd, 2016 by issuing a Downtrend alert when the shares were trading at $5.05. Since that call, shares of Evolving Systems have fallen 13.1%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: lowest debt-to-capital ratio evolving systems callidus software Guidance Software ultimate software magic software enterprises