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Debt to Equity
0.00 (As of Jun. 2015)

Adept Technology Inc's current portion of long-term debt for the quarter that ended in Jun. 2015 was \$0.00 Mil. Adept Technology Inc's long-term debt for the quarter that ended in Jun. 2015 was \$0.00 Mil. Adept Technology Inc's total equity for the quarter that ended in Jun. 2015 was \$24.11 Mil. Adept Technology Inc's debt to equity for the quarter that ended in Jun. 2015 was 0.00.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

Definition

Debt to Equity measures the financial leverage a company has.

Adept Technology Inc's Debt to Equity Ratio for the fiscal year that ended in Jun. 2015 is calculated as

 Debt to Equity = Total Debt / Total Equity = (Current Portion of Long-Term Debt + Long-Term Debt) / Total Equity = (0 + 0) / 24.111 = 0.00

Adept Technology Inc's Debt to Equity Ratio for the quarter that ended in Jun. 2015 is calculated as

 Debt to Equity = Total Debt / Total Equity = (Current Portion of Long-Term Debt + Long-Term Debt) / Total Equity = (0 + 0) / 24.111 = 0.00

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Explanation

In the calculation of Debt to Equity, we use the total of Current Portion of Long-Term Debt and Long-Term Debt divided by Total Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its Return on Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return on Equity companies.

Related Terms

Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.