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Extreme Networks (Extreme Networks) Debt-to-Equity : 2.28 (As of Dec. 2023)


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What is Extreme Networks Debt-to-Equity?

Extreme Networks's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $20 Mil. Extreme Networks's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $227 Mil. Extreme Networks's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $108 Mil. Extreme Networks's debt to equity for the quarter that ended in Dec. 2023 was 2.28.

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 Extreme Networks's Debt-to-Equity or its related term are showing as below:

EXTR' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.57   Med: 1.61   Max: 89.02
Current: 2.28

During the past 13 years, the highest Debt-to-Equity Ratio of Extreme Networks was 89.02. The lowest was 0.57. And the median was 1.61.

EXTR's Debt-to-Equity is ranked worse than
97% of 2197 companies
in the Hardware industry
Industry Median: 0.28 vs EXTR: 2.28

Extreme Networks Debt-to-Equity Historical Data

The historical data trend for Extreme Networks'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.

Extreme Networks Debt-to-Equity Chart

Extreme Networks Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.54 89.02 7.18 3.89 2.27

Extreme Networks 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 3.56 2.71 2.27 2.27 2.28

Competitive Comparison of Extreme Networks's Debt-to-Equity

For the Communication Equipment subindustry, Extreme Networks'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.


Extreme Networks's Debt-to-Equity Distribution in the Hardware Industry

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

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



Extreme Networks Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Extreme Networks's Debt to Equity Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Extreme Networks'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.


Extreme Networks  (NAS:EXTR) 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.


Extreme Networks Debt-to-Equity Related Terms

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


Extreme Networks (Extreme Networks) Business Description

Traded in Other Exchanges
Address
2121 RDU Center Drive, Suite 300, Morrisville, NC, USA, 27560
Extreme Networks Inc provides software-driven networking services for enterprise customers. Its products include wired and wireless network infrastructure equipment and software for network management, policy, analytics, and access controls. It offers high-density Wi-Fi, centralized management, cloud-based network management, and application analytics capabilities. The company operates in a single segment which develops and markets network infrastructure equipment. Roughly half of the firm's revenue is generated in the Americas, with the rest coming from Europe, the Middle East, Africa, and Asia-Pacific.
Executives
Edward Meyercord director, officer: President and CEO C/O TALK AMERICA HOLDINGS INC, 12020 SUNRISE VALLEY DR, STE. 1500, RESTON VA 20191
Joseph A Vitalone officer: Chief Revenue Officer CO SHORETEL INC, 960 STEWART DRIVE, SUNNYVALE CA 94085
Raj Khanna director 145 RIO ROBLES, SAN JOSE CA 94134
Kevin R Rhodes officer: EVP Chief Financial Officer 20 HARVARD MILLS SQUARE, WAKEFIELD MA 01880
Edward H Kennedy director C/O TELLABS OPERATIONS INC, 1415 W DIEHL ROAD, NAPERVILLE IL 60563
Cristina Camahort Tate officer: Interim CFO C/O EXTREME NETWORKS, INC., 2121 RDU CENTER DRIVE SUITE 300, MORRISVILLE NC 27560
Remi Thomas officer: EVP Chief Financial Officer 6480 VIA DEL ORO, SAN JOSE CA 95119
Ingrid Burton director 1011 MCCARTHY BOULEVARD --, MILPITAS CA 95035
Kathleen M Holmgren director C/O EXTREME NETWORKS, INC, 145 RIO ROBLES, SAN JOSE CA 95134
Charles Carinalli director
John C Shoemaker director 1143 BORREGAS AVENUE, SUNNYVALE CA 94089
Robert J Gault officer: EVP Global Sales, Channel, Svc C/O EXTREME NETWORKS, INC, 145 RIO ROBLES, SAN JOSE CA 95134
Matthew Howard Cleaver officer: Interim CFO 6480 VIA DEL ORO, SAN JOSE CA 95119
Maryam Alexandrian-adams director 516 WELLS COURT, SAN RAMON CA 94582
John H Kispert director