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Top 5 Companies in the Application Software Industry With the Lowest Debt-to-Capital Ratio (AGYS, ULTI, SNPS, GLOB, QADA)

By Amy Schwartz

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.

Agilysys Inc ranks lowest with a a Debt-to-Capital ratio of 20.8%. Following is Ultimate Softwar with a a Debt-to-Capital ratio of 188.5%. Synopsys Inc ranks third lowest with a a Debt-to-Capital ratio of 420.6%.

Globant Sa follows with a a Debt-to-Capital ratio of 436.6%, and Qad Inc-A rounds out the bottom five with a a Debt-to-Capital ratio of 1,154.0%.

SmarTrend recommended that subscribers consider buying shares of Ultimate Softwar on December 31st, 2018 as our technology indicated a new Uptrend was in progress when shares hit $244.68. Since that recommendation, shares of Ultimate Softwar have risen 35.0%. We continue to monitor Ultimate Softwar for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: lowest debt-to-capital ratio agilysys inc ultimate softwar synopsys inc globant sa qad inc-a