Automatic Data Processing Inc (ADP)
304.64
+6.05
(+2.03%)
USD |
NASDAQ |
Nov 21, 16:00
304.01
-0.63
(-0.21%)
After-Hours: 18:42
Automatic Data Processing Debt to Equity Ratio: 1.690 for Sept. 30, 2024
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| September 30, 2024 | 1.690 |
| June 30, 2024 | 0.7425 |
| March 31, 2024 | 0.6464 |
| December 31, 2023 | 0.6972 |
| September 30, 2023 | 0.9599 |
| June 30, 2023 | 0.8818 |
| March 31, 2023 | 0.8091 |
| December 31, 2022 | 1.000 |
| September 30, 2022 | 1.225 |
| June 30, 2022 | 0.9684 |
| March 31, 2022 | 0.7123 |
| December 31, 2021 | 0.5914 |
| September 30, 2021 | 0.5665 |
| June 30, 2021 | 0.5306 |
| March 31, 2021 | 0.3515 |
| December 31, 2020 | 0.338 |
| September 30, 2020 | 0.3432 |
| June 30, 2020 | 0.3509 |
| March 31, 2020 | 0.3651 |
| December 31, 2019 | 0.3737 |
| September 30, 2019 | 1.114 |
| June 30, 2019 | 0.4193 |
| March 31, 2019 | 0.3817 |
| December 31, 2018 | 0.6735 |
| September 30, 2018 | 0.5248 |
| Date | Value |
|---|---|
| June 30, 2018 | 0.4228 |
| March 31, 2018 | 0.497 |
| December 31, 2017 | 0.5094 |
| September 30, 2017 | 0.5392 |
| June 30, 2017 | 0.5035 |
| March 31, 2017 | 0.488 |
| December 31, 2016 | 0.5249 |
| September 30, 2016 | 0.4724 |
| June 30, 2016 | 0.448 |
| March 31, 2016 | 0.4458 |
| December 31, 2015 | 0.4743 |
| September 30, 2015 | 0.4309 |
| June 30, 2015 | 0.0019 |
| March 31, 2015 | 0.0019 |
| December 31, 2014 | 0.0019 |
| September 30, 2014 | 0.3343 |
| June 30, 2014 | 0.3275 |
| March 31, 2014 | 0.0018 |
| December 31, 2013 | 0.002 |
| September 30, 2013 | 0.4573 |
| June 30, 2013 | 0.0421 |
| March 31, 2013 | 0.0023 |
| December 31, 2012 | 0.0046 |
| September 30, 2012 | 0.0729 |
| June 30, 2012 | 0.0027 |
Debt to Equity Ratio Definition
The debt to equity ratio measures the (Long Term Debt + Current Portion of Long Term Debt) / Total Shareholders' Equity. This metric is useful when analyzing the health of a company's balance sheet.
Debt to Equity Ratio Range, Past 5 Years
0.338
Minimum
Dec 2020
1.690
Maximum
Sep 2024
0.7072
Average
0.6718
Median
Debt to Equity Ratio Benchmarks
| DocuSign Inc | 0.00 |
| Uber Technologies Inc | 0.7433 |
| Salesforce Inc | 0.1463 |
| Guidewire Software Inc | 0.2971 |
| Paychex Inc | 0.2123 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 49.51B |
| Total Liabilities (Quarterly) | 44.16B |
| Shareholders Equity (Quarterly) | 5.349B |
| Current Ratio | 1.014 |
| Net Debt Paydown Yield | -1.05% |