GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Benchmark Electronics Inc (NYSE:BHE) » Definitions » Debt-to-Equity

Benchmark Electronics (Benchmark Electronics) Debt-to-Equity : 0.42 (As of Dec. 2023)


View and export this data going back to 1990. Start your Free Trial

What is Benchmark Electronics Debt-to-Equity?

Benchmark Electronics's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $4 Mil. Benchmark Electronics's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $450 Mil. Benchmark Electronics's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $1,079 Mil. Benchmark Electronics's debt to equity for the quarter that ended in Dec. 2023 was 0.42.

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 Benchmark Electronics's Debt-to-Equity or its related term are showing as below:

BHE' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01   Med: 0.2   Max: 0.42
Current: 0.42

During the past 13 years, the highest Debt-to-Equity Ratio of Benchmark Electronics was 0.42. The lowest was 0.01. And the median was 0.20.

BHE's Debt-to-Equity is ranked worse than
61.63% of 2197 companies
in the Hardware industry
Industry Median: 0.28 vs BHE: 0.42

Benchmark Electronics Debt-to-Equity Historical Data

The historical data trend for Benchmark Electronics'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.

Benchmark Electronics Debt-to-Equity Chart

Benchmark Electronics 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 0.21 0.22 0.23 0.40 0.42

Benchmark Electronics Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.40 0.48 0.49 0.51 0.42

Competitive Comparison of Benchmark Electronics's Debt-to-Equity

For the Electronic Components subindustry, Benchmark Electronics'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.


Benchmark Electronics's Debt-to-Equity Distribution in the Hardware Industry

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

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



Benchmark Electronics Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Benchmark Electronics's Debt to Equity Ratio for the quarter that ended in Dec. 2023 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.


Benchmark Electronics  (NYSE:BHE) 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.


Benchmark Electronics Debt-to-Equity Related Terms

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


Benchmark Electronics (Benchmark Electronics) Business Description

Traded in Other Exchanges
Address
56 South Rockford Drive, Tempe, AZ, USA, 85288
Benchmark Electronics Inc is engaged in product designing, engineering services, technology solutions, and advanced manufacturing services (electronic manufacturing services (EMS) and precision technology services). It serves various industries, including aerospace & defense (A&D), medical technologies, complex industrials, semiconductor capital equipment, next-generation telecommunications, and high-end computing. Its geographical segments are the Americas, Asia and Europe of which key revenue is derived from the Americas.
Executives
David Valkanoff officer: EVP, Chief Operating Officer C/O BENCHMARK ELECTRONICS INC., 56 SOUTH ROCKFORD DRIVE, TEMPE AZ 85288
David Moezidis officer: EVP, Chief Commercial Officer C/O BENCHMARK ELECTRONICS INC., 56 SOUTH ROCKFORD DRIVE, TEMPE AZ 85288
Douglas Britt director 1500 WEST UNIVERSITY PARKWAY, SARASOTA FL 34243
Jeffrey Stephen Mccreary director C/O MIPS TECHNOLOGIES, INC., 955 EAST ARQUES AVENUE, SUNNYVALE CA 94085
Jeff Benck director, officer: President and CEO BENCHMARK ELECTRONICS, INC., 56 SOUTH ROCKFORD DRIVE, TEMPE AZ 85281
Rhonda R Turner officer: Chief Human Resources Officer 20410 NORTH 19TH AVENUE, STE 200, PHOENIX AZ 85027
Ramesh Gopalakrishnan director 8501 NORTH SCOTTSDALE ROAD, SUITE 100, SCOTTSDALE AZ 85253
Greef-safft Anne De director 11 KEEWAYDIN DRIVE, SUITE 300, SALEM NH 03079
Roop Kalyan Lakkaraju officer: CFO BENCHMARK ELECTRONICS, INC., 56 SOUTH ROCKFORD DRIVE, TEMPE AZ 85281
Lynn A Wentworth director CINCINNATI BELL INC, P O BOX 2301, CINCINNATI OH 45201
Lisa K Weeks officer: Vice President 56 SOUTH ROCKFORD DRIVE, TEMPE AZ 85281
Douglas G Duncan director 1715 AARON BRENNER DR STE 600, MEMPHIS TN 38120
Robert K Gifford director 370 WABASHA STREET NORTH, ST. PAUL MN 55102
Robert Crawford officer: Chief Revenue Officer 56 SOUTH ROCKFORD DRIVE, TEMPE AZ 85281
Stephen J Beaver officer: VP and General Counsel 7440 E. EDWARD LANE, SCOTTSDALE AZ 85250