Automatic Data Processing Inc (ADP)
243.03
-3.31
(-1.34%)
USD |
NASDAQ |
Apr 26, 16:00
243.03
0.00 (0.00%)
After-Hours: 18:34
Automatic Data Processing Debt to Equity Ratio: 0.6922 for Dec. 31, 2023
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| December 31, 2023 | 0.6922 |
| September 30, 2023 | 0.8609 |
| June 30, 2023 | 0.8518 |
| March 31, 2023 | 0.8091 |
| December 31, 2022 | 1.000 |
| September 30, 2022 | 1.160 |
| June 30, 2022 | 0.9261 |
| March 31, 2022 | 0.7123 |
| December 31, 2021 | 0.5914 |
| September 30, 2021 | 0.558 |
| June 30, 2021 | 0.5264 |
| March 31, 2021 | 0.3515 |
| December 31, 2020 | 0.338 |
| September 30, 2020 | 0.3432 |
| June 30, 2020 | 0.3485 |
| March 31, 2020 | 0.3651 |
| December 31, 2019 | 0.3737 |
| September 30, 2019 | 1.034 |
| June 30, 2019 | 0.3708 |
| March 31, 2019 | 0.3817 |
| December 31, 2018 | 0.6735 |
| September 30, 2018 | 0.428 |
| June 30, 2018 | 0.4228 |
| March 31, 2018 | 0.497 |
| December 31, 2017 | 0.5094 |
| Date | Value |
|---|---|
| September 30, 2017 | 0.5064 |
| 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 | 0.4023 |
| June 30, 2013 | 0.0024 |
| March 31, 2013 | 0.0023 |
| December 31, 2012 | 0.0025 |
| September 30, 2012 | 0.0026 |
| June 30, 2012 | 0.0027 |
| March 31, 2012 | 0.0027 |
| December 31, 2011 | 0.0041 |
| September 30, 2011 | 0.0043 |
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
1.160
Maximum
Sep 2022
0.6428
Average
0.5914
Median
Dec 2021
Debt to Equity Ratio Benchmarks
| Paychex Inc | 0.2181 |
| Cass Information Systems Inc | 0.00 |
| Cintas Corp | 0.5845 |
| Resources Connection Inc | 0.00 |
| SPAR Group Inc | 0.632 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 57.07B |
| Total Liabilities (Quarterly) | 52.75B |
| Shareholders Equity (Quarterly) | 4.320B |
| Current Ratio | 1.009 |
| Net Debt Paydown Yield | -0.00% |