Global-Tech Advanced Innovations (Global-Tech Advanced Innovations) Debt-to-Equity : 0.14 (As of Sep. 2015)

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

What is Global-Tech Advanced Innovations Debt-to-Equity?

Global-Tech Advanced Innovations's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2015 was $7.72 Mil. Global-Tech Advanced Innovations's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2015 was $0.00 Mil. Global-Tech Advanced Innovations's Total Stockholders Equity for the quarter that ended in Sep. 2015 was $55.62 Mil. Global-Tech Advanced Innovations's debt to equity for the quarter that ended in Sep. 2015 was 0.14.

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 Global-Tech Advanced Innovations's Debt-to-Equity or its related term are showing as below:

GAI's Debt-to-Equity is not ranked ^*
in the Semiconductors industry.
Industry Median: 0.26
* Ranked among companies with meaningful Debt-to-Equity only.

Global-Tech Advanced Innovations Debt-to-Equity Historical Data

The historical data trend for Global-Tech Advanced Innovations'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.

Global-Tech Advanced Innovations Debt-to-Equity Chart

Global-Tech Advanced Innovations Annual Data

Trend

Mar06

Mar07

Mar08

Mar09

Mar10

Mar11

Mar12

Mar13

Mar14

Mar15

Debt-to-Equity

Get a 7-Day Free Trial

0.16

0.05

0.06

0.11

Global-Tech Advanced Innovations Semi-Annual Data
	Mar05	Sep05	Mar06	Sep06	Mar07	Sep07	Mar08	Mar09	Mar10	Sep10	Mar11	Sep11	Mar12	Sep12	Mar13	Sep13	Mar14	Sep14	Mar15	Sep15
Debt-to-Equity	Get a 7-Day Free Trial															0.04	0.11	0.14	0.11	0.14

Competitive Comparison of Global-Tech Advanced Innovations's Debt-to-Equity

For the Semiconductor Equipment & Materials subindustry, Global-Tech Advanced Innovations'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.

Global-Tech Advanced Innovations's Debt-to-Equity Distribution in the Semiconductors Industry

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

* The bar in red indicates where Global-Tech Advanced Innovations's Debt-to-Equity falls into.

Global-Tech Advanced Innovations Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Global-Tech Advanced Innovations's Debt to Equity Ratio for the fiscal year that ended in Mar. 2015 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
	=	(6.78	+	0)	/	59.752
	=	0.11

Global-Tech Advanced Innovations's Debt to Equity Ratio for the quarter that ended in Sep. 2015 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
	=	(7.72	+	0)	/	55.622
	=	0.14

Global-Tech Advanced Innovations (NAS:GAI) 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.

Global-Tech Advanced Innovations Debt-to-Equity Related Terms

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

Global-Tech Advanced Innovations (Global-Tech Advanced Innovations) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Global-Tech Advanced Innovations Inc (NAS:GAI) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

Website

http://www.global-webpage.com

Global-Tech Advanced Innovations Inc was organized as an international business company under the laws of the British Virgin Islands on May 2, 1991 and became a publicly traded entity on April 7, 1998. The Company was an exporter of small electrical appliances to North American and European markets. The Company produces complementary metal oxide semiconductor camera modules for sale to cellular phone manufacturers. The Company also comprises immaterial product lines and development programs. It continues to acquire new technologies in an effort to expand its capabilities in manufacturing finished products and components. Its patents are registered in various jurisdictions, including the United States, the United Kingdom, China and France. It competes with established companies in Hong Kong and China, a number of which have substantially greater technical, financial and marketing resources. Competition for contract manufacturing products is based on unit price, product quality and availability and service. Its operations and assets in China are subject to significant political, economic, legal and other uncertainties.

Global-Tech Advanced Innovations (Global-Tech Advanced Innovations) Headlines

No Headlines