Converge Technology Solutions - Stock

Converge Technology Solutions Debt 2024

Converge Technology Solutions Debt

263.41 CAD

Ticker

CTS.TO

ISIN

CA21250C1068

WKN

A2PD0W

In 2024, Converge Technology Solutions's total debt was 263.41 CAD, a 69.28% change from the 155.61 CAD total debt recorded in the previous year.

Converge Technology Solutions Aktienanalyse

What does Converge Technology Solutions do?

Converge Technology Solutions Corp is a Canadian company specializing in the sale of IT infrastructure solutions and services. Founded in 2016, the company is headquartered in Toronto and offers a wide range of products and services for businesses globally. Converge Technology Solutions ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Debt Details

Understanding Converge Technology Solutions's Debt Structure

Converge Technology Solutions's total debt refers to the cumulative financial obligations the company owes to external parties. This can include short-term and long-term borrowings, bonds, loans, and other financial instruments. Assessing the company's debt levels is crucial for evaluating its financial health, risk profile, and ability to fund operations and expansions.

Year-to-Year Comparison

Analyzing Converge Technology Solutions's debt structure over the years provides insights into the firm’s financial strategy and stability. A reduction in debt can indicate financial strength and operational efficiency, while an increase may signal growth investments or potential financial challenges ahead.

Impact on Investments

Investors pay close attention to Converge Technology Solutions’s debt levels as they can influence the company’s risk and return profiles. Excessive debt can lead to financial strain, while moderate and well-managed debt can be a catalyst for growth and expansion, making it a critical aspect of investment evaluations.

Interpreting Debt Fluctuations

Shifts in Converge Technology Solutions’s debt levels can be attributed to various operational and strategic factors. An increase in debt might be geared towards funding expansion projects or enhancing operational capacity, while a decrease may indicate profit realizations or an approach to minimize financial risk and leverage.

Frequently Asked Questions about Converge Technology Solutions Stock

What is the debt of Converge Technology Solutions this year?

Converge Technology Solutions has a debt level of 263.41 CAD this year.

What was the debt of Converge Technology Solutions compared to the previous year?

The debt of Converge Technology Solutions has increased by 69.28% compared to the previous year increased.

What are the consequences of high debt for investors in Converge Technology Solutions?

High debt can pose a risk for investors of Converge Technology Solutions, as it can weaken the company's financial position and hinder its ability to fulfill its obligations.

What are the consequences of low debt for investors of Converge Technology Solutions?

Low debt means that Converge Technology Solutions has a strong financial position and is able to fulfill its obligations without overburdening its finances.

How does an increase in debt from Converge Technology Solutions affect the company?

An increase in debt of Converge Technology Solutions can adversely affect the financial condition of the company and result in a higher burden on its finances.

How does a reduction of debt of Converge Technology Solutions affect the company?

A reduction in debt of Converge Technology Solutions can strengthen the company's financial position and improve its ability to meet its financial obligations.

What are some factors that influence the debt of Converge Technology Solutions?

Some factors that can influence the debt of Converge Technology Solutions include investments, acquisitions, operating costs, and revenue development.

Why are the debts of Converge Technology Solutions so important for investors?

The debts of Converge Technology Solutions are important for investors as they serve as an indicator of the company's financial stability. It provides investors with information on how the company fulfills its financial obligations.

What strategic measures can Converge Technology Solutions take to change the debt?

To change the debt, Converge Technology Solutions can take measures such as cost savings, increasing revenue, selling assets, making investments, or forming partnerships. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic actions to change its debt.

How much dividend does Converge Technology Solutions pay?

Over the past 12 months, Converge Technology Solutions paid a dividend of 0.03 CAD . This corresponds to a dividend yield of about 0.69 %. For the coming 12 months, Converge Technology Solutions is expected to pay a dividend of 0.03 CAD.

What is the dividend yield of Converge Technology Solutions?

The current dividend yield of Converge Technology Solutions is 0.69 %.

When does Converge Technology Solutions pay dividends?

Converge Technology Solutions pays a quarterly dividend. This is distributed in the months of October, January, April, June.

How secure is the dividend of Converge Technology Solutions?

Converge Technology Solutions paid dividends every year for the past 0 years.

What is the dividend of Converge Technology Solutions?

For the upcoming 12 months, dividends amounting to 0.03 CAD are expected. This corresponds to a dividend yield of 0.69 %.

In which sector is Converge Technology Solutions located?

Converge Technology Solutions is assigned to the 'Information technology' sector.

Wann musste ich die Aktien von Converge Technology Solutions kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Converge Technology Solutions from 6/6/2024 amounting to 0.015 CAD, you needed to have the stock in your portfolio before the ex-date on 5/22/2024.

When did Converge Technology Solutions pay the last dividend?

The last dividend was paid out on 6/6/2024.

What was the dividend of Converge Technology Solutions in the year 2023?

In the year 2023, Converge Technology Solutions distributed 0 CAD as dividends.

In which currency does Converge Technology Solutions pay out the dividend?

The dividends of Converge Technology Solutions are distributed in CAD.

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Andere Kennzahlen von Converge Technology Solutions

Our stock analysis for Converge Technology Solutions Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Converge Technology Solutions Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.