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Evolving Systems EVOL
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Quarterly report 2022-Q3
added 05-16-2026

Evolving Systems Long-Term Debt | EVOL

Long-term debt is a financial obligation of a company or an individual with a repayment period exceeding one year from the date it arises. In accounting, such obligations are recorded under the "long-term liabilities" section.

Main characteristics:
  • Term exceeds 12 months
  • Can take the form of bonds, bank loans, credit lines, leasing, or loans from affiliated parties
  • Repaid through regular payments (interest and/or principal) over several years
Why long-term debt is needed:
  • Investment in development
    Allows financing of large projects — new factories, production lines, innovative developments — without diverting working capital.
  • Smoothing of cash flows
    A long-term payment schedule facilitates budget planning and reduces short-term financial risks.
  • Optimization of capital structure
    A combination of equity and borrowed capital can reduce the average cost of business financing.

A high level of long-term debt may indicate that a company heavily relies on borrowed funds. This increases risks, especially in conditions of rising interest rates or declining profits. However, a moderate level of debt can signal a sound growth strategy — for example, the company takes a loan to expand its business.

If a company uses borrowed funds effectively (e.g., invests in profitable projects), this can lead to profit growth and, consequently, an increase in stock value. An investor evaluates whether the investments made using debt are paying off.

It is important to monitor whether the company can regularly pay interest and repay the principal. Payment difficulties can lead to reduced dividends, a drop in stock value, and even bankruptcy.

Examples of long-term debt:
  • Mortgage loans for property purchases
  • Corporate bonds issued by a company to raise capital
  • Project financing — long-term loans for building or expanding production facilities
  • Leasing obligations for equipment or transport

Annual Long-Term Debt Evolving Systems

2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008
- 319 K 122 K 2.36 M 5.94 M 4 M - - - - - - - -

All numbers in USD currency

Indicator range from annual reports

Maximum Minimum Average
5.94 M 122 K 2.55 M

Quarterly Long-Term Debt Evolving Systems

2022-Q4 2022-Q3 2022-Q2 2022-Q1 2021-Q4 2021-Q3 2021-Q2 2021-Q1 2020-Q4 2020-Q3 2020-Q2 2020-Q1 2019-Q4 2019-Q3 2019-Q2 2019-Q1 2018-Q4 2018-Q3 2018-Q2 2018-Q1 2017-Q4 2017-Q3 2017-Q2 2017-Q1 2016-Q4 2016-Q3 2016-Q2 2016-Q1 2015-Q4 2015-Q3 2015-Q2 2015-Q1 2014-Q4 2014-Q3 2014-Q2 2014-Q1 2013-Q4 2013-Q3 2013-Q2 2013-Q1 2012-Q4 2012-Q3 2012-Q2 2012-Q1 2011-Q4 2011-Q3 2011-Q2 2011-Q1
- - - - - 319 K 319 K 319 K 319 K 319 K 319 K 122 K 122 K 516 K 2.36 M 2.36 M 2.36 M 3.39 M 4.16 M 5.05 M 5.94 M 7.01 M 3 M 3.5 M 4 M 4.5 M 5 M 5.5 M - - - - - - - - - - - - - - - - - - - -

All numbers in USD currency

Indicator range from quarterly reporting

Maximum Minimum Average
7.01 M 122 K 2.64 M

Long-Term Debt of other stocks in the Software industry

Issuer Long-Term Debt Price % 24h Market Cap Country
Rackspace Technology Rackspace Technology
RXT
2.72 B $ 3.23 1.25 % $ 771 M usaUSA
Paylocity Holding Corporation Paylocity Holding Corporation
PCTY
81.2 M $ 143.53 0.51 % $ 7.76 B usaUSA
Simulations Plus Simulations Plus
SLP
410 K $ 18.42 0.03 % $ 369 M usaUSA
Smith Micro Software Smith Micro Software
SMSI
417 K $ 2.84 0.88 % $ 58.5 M usaUSA
Synopsys Synopsys
SNPS
13.5 B $ 392.03 0.2 % $ 64.3 B usaUSA
SOS Limited SOS Limited
SOS
377 K $ 0.79 0.87 % $ 12.8 M chinaChina
Sprout Social Sprout Social
SPT
40 M $ 10.45 0.26 % $ 633 M usaUSA
PubMatic PubMatic
PUBM
196 K $ 16.29 0.21 % $ 766 M usaUSA
ShotSpotter ShotSpotter
SSTI
976 K $ 5.99 0.58 % $ 76.2 M usaUSA
Red Violet Red Violet
RDVT
2.4 M $ 74.72 6.94 % $ 1.05 B usaUSA
Avalara Avalara
AVLR
961 M - - $ 8.28 B usaUSA
Unity Software Unity Software
U
1.68 B $ 42.75 2.64 % $ 18 B usaUSA
Uber Technologies Uber Technologies
UBER
10.5 B $ 73.13 0.4 % $ 152 B usaUSA
Upland Software Upland Software
UPLD
225 M $ 3.5 4.14 % $ 100 M usaUSA
Veritone Veritone
VERI
41.2 M $ 0.92 0.99 % $ 58.3 M usaUSA
SS&C Technologies Holdings SS&C Technologies Holdings
SSNC
7.41 B $ 80.45 2.52 % $ 19.7 B usaUSA
Kubient Kubient
KBNT
188 K - -10.71 % $ 1.43 M usaUSA
Varonis Systems Varonis Systems
VRNS
452 M $ 45.46 0.26 % $ 5.2 B usaUSA
Workday Workday
WDAY
2.99 B $ 186.28 3.01 % $ 49.4 B usaUSA
WEX WEX
WEX
3.53 B $ 187.34 0.1 % $ 6.65 B usaUSA
Wipro Limited Wipro Limited
WIT
22.2 B $ 1.73 0.28 % $ 18.1 B indiaIndia
Wix.com Ltd. Wix.com Ltd.
WIX
418 M $ 72.72 2.16 % $ 4.04 B israelIsrael
Atlassian Corporation Plc Atlassian Corporation Plc
TEAM
990 M $ 176.42 4.42 % $ 45.9 B britainBritain
Workiva Workiva
WK
13.2 M $ 73.71 3.75 % $ 4.15 B usaUSA
Yalla Group Limited Yalla Group Limited
YALA
1.1 M $ 5.47 0.18 % $ 853 M united-arab-emiratesUnited-arab-emirates
Yext Yext
YEXT
98 M $ 6.38 1.09 % $ 788 M usaUSA
Altair Engineering Altair Engineering
ALTR
24.1 M - - $ 9.4 B usaUSA
SailPoint Technologies Holdings SailPoint Technologies Holdings
SAIL
28.8 M $ 17.79 5.9 % $ 1.65 B usaUSA
Aspen Technology Aspen Technology
AZPN
84.9 M - - $ 16.8 B usaUSA
Alteryx Alteryx
AYX
839 M - - $ 3.42 B usaUSA
Black Knight Black Knight
BKI
2.62 B - -0.02 % $ 11.7 B usaUSA
Citrix Systems Citrix Systems
CTXS
3.33 B - - $ 13.2 B usaUSA
CYREN Ltd. CYREN Ltd.
CYRN
8.62 M - -18.15 % $ 1.77 M usaUSA
Ebix Ebix
EBIX
147 K - -30.99 % $ 36.3 M usaUSA
ChannelAdvisor Corporation ChannelAdvisor Corporation
ECOM
1.18 M - 0.02 % $ 668 M usaUSA
EVO Payments EVO Payments
EVOP
623 M - - $ 1.77 B usaUSA
GreenSky GreenSky
GSKY
453 M - 1.59 % $ 1.88 B usaUSA
GTY Technology Holdings GTY Technology Holdings
GTYH
24.6 M - 0.17 % $ 355 M usaUSA
GSE Systems GSE Systems
GVP
637 K - - $ 11.4 M usaUSA
Ideanomics Ideanomics
IDEX
3.94 M - -4.36 % $ 451 M usaUSA
Limelight Networks Limelight Networks
LLNW
13.8 M - 1.65 % $ 340 M usaUSA
ManTech International Corporation ManTech International Corporation
MANT
63.6 M - - $ 3.93 B usaUSA
McAfee Corp. McAfee Corp.
MCFE
2.86 B - 0.27 % $ 11.2 B usaUSA
Micro Focus International plc Micro Focus International plc
MFGP
120 M - - $ 1.81 B britainBritain
Model N Model N
MODN
280 M - - $ 1.14 B usaUSA
Marin Software Incorporated Marin Software Incorporated
MRIN
394 K - - $ 15.9 M usaUSA
National Instruments Corporation National Instruments Corporation
NATI
517 M - - $ 7.9 B usaUSA