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Faro Technologies (Faro Technologies) Debt-to-Equity : 0.33 (As of Dec. 2023)


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What is Faro Technologies Debt-to-Equity?

Faro Technologies's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $5.4 Mil. Faro Technologies's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $83.6 Mil. Faro Technologies's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $268.6 Mil. Faro Technologies's debt to equity for the quarter that ended in Dec. 2023 was 0.33.

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 Faro Technologies's Debt-to-Equity or its related term are showing as below:

FARO' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.06   Med: 0.08   Max: 0.33
Current: 0.33

During the past 13 years, the highest Debt-to-Equity Ratio of Faro Technologies was 0.33. The lowest was 0.06. And the median was 0.08.

FARO's Debt-to-Equity is ranked worse than
53.98% of 2197 companies
in the Hardware industry
Industry Median: 0.28 vs FARO: 0.33

Faro Technologies Debt-to-Equity Historical Data

The historical data trend for Faro Technologies'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.

Faro Technologies Debt-to-Equity Chart

Faro Technologies 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 0.06 0.08 0.08 0.07 0.33

Faro Technologies 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 0.07 0.31 0.33 0.35 0.33

Competitive Comparison of Faro Technologies's Debt-to-Equity

For the Scientific & Technical Instruments subindustry, Faro Technologies'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.


Faro Technologies's Debt-to-Equity Distribution in the Hardware Industry

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

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



Faro Technologies Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Faro Technologies'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.


Faro Technologies  (NAS:FARO) 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.


Faro Technologies Debt-to-Equity Related Terms

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


Faro Technologies (Faro Technologies) Business Description

Traded in Other Exchanges
Address
250 Technology Park, Lake Mary, FL, USA, 32746
Faro Technologies Inc is a global technology company. It designs, develops, manufactures, markets and supports software-driven, three-dimensional (3-D) measurement, imaging, and realization solutions for the 3D metrology, architecture, engineering and construction (AEC), Operations and Maintenance (O&M) and public safety analytics markets. The company enables its customers to capture, measure, manipulate, interact with and share 3D and 2D data from the physical world in a virtual environment and then translate the information back into the physical domain. FARO suite of 3D products and software solutions are used for the inspection of components and assemblies, rapid prototyping, reverse engineering, documenting large volumes or structures in 3D, surveying, and construction.
Executives
Alexander M Davern director C/O NATIONAL INSTRUMENTS, 11500 MOPAC BLDG C, AUSTIN TX 78759
Peter James Lau director, officer: President and CEO C/O HUBBELL INCORPORATED, 40 WATERVIEW DRIVE, SHELTON CT 06484
Rotterdam Jeroen Van director 851 WEST CYPRESS CREEK ROAD, FORT LAUDERDALE FL 33309
Yuval Wasserman director 1625 SHARP POINT DRIVE, FORT COLLINS CO 80525
Stephen Cole director 125 TECHNOLOGY PARK, LAKE MARY FL 32746
John Donofrio director ONE VILLAGE CENTER ROAD, VAN BUREN TOWNSHIP MI 48111
Jawad A Ahsan director 17800 N 85TH ST, SCOTTSDALE AZ 85255
Jeffrey D Sexton officer: Vice President of Global Sales 1519 MONTEVAL PLACE, SAN JOSE CA 95120
Rajani Ramanathan director C/O GUIDEWIRE SOFTWARE, INC., 2850 S DELAWARE STREET, S-400, SAN MATEO CA 94403
Moonhie Chin director AUTODESK, INC., 111 MCINNIS PARKWAY, SAN RAFAEL CA 94903
Kevin Beadle officer: Senior Vice President, Sales 1601 S. MOPAC EXPRESSWAY, SUITE 100, AUSTIN TX 78746
Katrona Tyrrell officer: Chief People Officer C/O FARO TECHNOLOGIES, INC., 250 TECHNOLOGY PARK, LAKE MARY FL 32746
Yazid Tohme officer: Chief R&D Officer C/O FARO TECHNOLOGIES, INC., 250 TECHNOLOGY PARK, LAKE MARY FL 32746
Allen L. Muhich officer: Chief Financial Officer 250 TECHNOLOGY PARK, LAKE MARY FL 32746
Michael D Burger director, officer: President and CEO 250 TECHNOLOGY PARK, LAKE MARY FL 32746