FormFactor (FormFactor) Debt-to-Equity

: 0.05 (As of Dec. 2023)

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FormFactor's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $9.5 Mil. FormFactor's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $38.6 Mil. FormFactor's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $908.8 Mil. FormFactor's debt to equity for the quarter that ended in Dec. 2023 was 0.05.

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

FORM' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.05 Med: 0.1 Max: 0.35
Current: 0.05

During the past 13 years, the highest Debt-to-Equity Ratio of FormFactor was 0.35. The lowest was 0.05. And the median was 0.10.

FORM's Debt-to-Equity is ranked better than
80.27% of 877 companies
in the Semiconductors industry
Industry Median: 0.26 vs FORM: 0.05

FormFactor Debt-to-Equity Historical Data

The historical data trend for FormFactor'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.

FormFactor Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

0.15

0.09

0.08

0.06

0.05

FormFactor 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																0.06	0.06	0.06	0.06	0.05

Competitive Comparison

For the Semiconductors subindustry, FormFactor'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.

FormFactor Debt-to-Equity Distribution

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

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

FormFactor Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(9.497	+	38.648)	/	908.804
	=	0.05

FormFactor's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(9.497	+	38.648)	/	908.804
	=	0.05

FormFactor (NAS:FORM) 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.

FormFactor Debt-to-Equity Related Terms

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

FormFactor (FormFactor) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » FormFactor Inc (NAS:FORM) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

FMF:Germany

Address

7005 Southfront Road, Livermore, CA, USA, 94551

Website

https://www.formfactor.com

FormFactor Inc designs, develops, manufactures, sells, and supports semiconductor probe card products. The company operates in two reportable segments namely Probe Cards Segment and the Systems Segment. Sales of probe cards and analytical probes are included in the Probe Cards Segment, while sales of probe stations and thermal sub-systems are included in the Systems Segment. Probe cards generate the maximum revenue from its operations. It offers multiple product lines which include analytical probes, probe stations, thermal sub-systems, and related services.

Executives

Rebeca Obregon-jimenez	director	3748 E MARE COURT, PHOENIX AZ 85044
Shai Shahar	officer: CFO, SVP Global Finance	7005 SOUTHFRONT ROAD, LIVERMORE CA 94551
Dennis Thomas St	director	C/O FORMFACTOR, INC., 7005 SOUTHFRONT ROAD, LIVERMORE CA 94551
Mike Slessor	director, officer: CEO	7005 SOUTHFRONT ROAD, LIVERMORE CA 94551
Brian C White	director	C/O INTEGRATED DEVICE TECHNOLOGY, INC., 6024 SILVER CREEK VALLEY ROAD, SAN JOSE CA 95138
Raymond A Link	director	C/O FORMFACTOR, INC., 7005 SOUTHFRONT ROAD, LIVERMORE CA 94551
Kelley Steven-waiss	director	7005 SOUTHFRONT ROAD, LIVERMORE CA 94551
Jorge Titinger	director	7005 SOUTHFRONT ROAD, LIVERMORE CA 94551
Sheri Rhodes	director	7001 EAST BELLEVIEW AVENUE, DENVER CO 80112
Edward Jr Rogas	director	C/O VITESSE SEMICONDUCTOR CORPORATION, 4721 CALLE CARGA, CAMARILLO CA 93012
Michael W Zellner	director	C/O CYAN, INC., 1383 N. MCDOWELL BLVD., SUITE 300, PETALUMA CA 94954
Richard Delateur	director	C/O FORMFACTOR, INC., 7005 SOUTHFRONT ROAD, LIVERMORE CA 94551
Michael M Ludwig	officer: SR VP, CFO	C/O AMTECH SYSTEMS, INC., 131 S CLARK DRIVE, TEMPE AZ 85288
Lothar Maier	director	1630 MCCARTHY BLVD, MILPITAS CA 95035
Stuart L Merkadeau	officer: SVP and General Counsel	7005 SOUTHFRONT ROAD, LIVERMORE CA 94551