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AudioCodes (AudioCodes) Debt-to-Equity : 0.21 (As of Mar. 2024)


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What is AudioCodes Debt-to-Equity?

AudioCodes's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $6.5 Mil. AudioCodes's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $31.4 Mil. AudioCodes's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $183.6 Mil. AudioCodes's debt to equity for the quarter that ended in Mar. 2024 was 0.21.

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.

The historical rank and industry rank for AudioCodes's Debt-to-Equity or its related term are showing as below:

AUDC' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.05   Med: 0.09   Max: 0.41
Current: 0.21

During the past 13 years, the highest Debt-to-Equity Ratio of AudioCodes was 0.41. The lowest was 0.05. And the median was 0.09.

AUDC's Debt-to-Equity is ranked better than
59.33% of 2193 companies
in the Hardware industry
Industry Median: 0.28 vs AUDC: 0.21

AudioCodes Debt-to-Equity Historical Data

The historical data trend for AudioCodes's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

AudioCodes Debt-to-Equity Chart

AudioCodes Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.38 0.14 0.10 0.07 0.21

AudioCodes Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.06 0.06 0.20 0.21 0.21

Competitive Comparison of AudioCodes's Debt-to-Equity

For the Communication Equipment subindustry, AudioCodes's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


AudioCodes's Debt-to-Equity Distribution in the Hardware Industry

For the Hardware industry and Technology sector, AudioCodes's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where AudioCodes's Debt-to-Equity falls into.



AudioCodes Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

AudioCodes's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

AudioCodes's Debt to Equity Ratio for the quarter that ended in Mar. 2024 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


AudioCodes  (NAS:AUDC) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

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


AudioCodes Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of AudioCodes's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


AudioCodes (AudioCodes) Business Description

Traded in Other Exchanges
Address
1 Hayarden Street, Airport City Lod, Tel Aviv, ISR, 7019900
AudioCodes Ltd develops and sells advanced and converged voice over IP and data networking solutions, products and applications to service providers and channels, OEMs, network equipment providers and system integrators. Its products include IP phones, session border controllers, voice applications, multi-service business routers, digital and analog media gateways, among others. The company generates revenues from the sale of products through a direct sales force and sales representatives. Its geographic segments are Israel, Americas, Europe, and the Far East. It derives a majority of the revenues from Americas segment.
Executives
George Soros 10 percent owner C/O SOROS FUND MANAGEMENT LLC, 250 WEST 55TH STREET, FLOOR 29, NEW YORK NY 10019
Soros Fund Management Llc 10 percent owner 250 WEST 55TH STREET, FLOOR 29, NEW YORK NY 10019
Robert Soros 10 percent owner C/O SOROS FUND MANAGEMENT LLC, 250 WEST 55TH STREET, FLOOR 38, NEW YORK NY 10019
Soros Jonathan T Allan 10 percent owner C/O JS CAPITAL MANAGEMENT LLC, 888 SEVENTH AVENUE, FLOOR 40, NEW YORK NY 10106