• Return to Headlines

Lowest Debt-to-Capital Ratio in the Application Software Industry Detected in Shares of Ellie Mae Inc (ELLI, AGYS, ULTI, SNPS, SPNS)

By James Quinn

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.

Ellie Mae Inc ranks lowest with a a Debt-to-Capital ratio of 1.2%. Following is Agilysys Inc with a a Debt-to-Capital ratio of 20.8%. Ultimate Softwar ranks third lowest with a a Debt-to-Capital ratio of 188.5%.

Synopsys Inc follows with a a Debt-to-Capital ratio of 420.6%, and Sapiens Intl rounds out the bottom five with a a Debt-to-Capital ratio of 466.0%.

SmarTrend recommended that subscribers consider buying shares of Ellie Mae Inc on January 10th, 2019 as our technology indicated a new Uptrend was in progress when shares hit $66.91. Since that recommendation, shares of Ellie Mae Inc have risen 48.0%. We continue to monitor Ellie Mae Inc for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: lowest debt-to-capital ratio ellie mae inc agilysys inc ultimate softwar synopsys inc sapiens intl

Ticker(s): ELLI AGYS ULTI SNPS SPNS