IEH (IEHC) Debt-to-Equity : 0.13 (As of Dec. 2023)

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What is IEH Debt-to-Equity?

IEH's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.34 Mil. IEH's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $2.33 Mil. IEH's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $21.34 Mil. IEH's debt to equity for the quarter that ended in Dec. 2023 was 0.13.

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

IEHC' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.11 Max: 0.19
Current: 0.13

During the past 13 years, the highest Debt-to-Equity Ratio of IEH was 0.19. The lowest was 0.01. And the median was 0.11.

IEHC's Debt-to-Equity is ranked better than
68.73% of 2194 companies
in the Hardware industry
Industry Median: 0.28 vs IEHC: 0.13

IEH Debt-to-Equity Historical Data

The historical data trend for IEH'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.

IEH Debt-to-Equity Chart

IEH Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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0.01

0.19

0.10

0.12

IEH Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.12	0.12	0.12	0.13	0.13

Competitive Comparison of IEH's Debt-to-Equity

For the Electronic Components subindustry, IEH'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.

IEH's Debt-to-Equity Distribution in the Hardware Industry

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

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

IEH Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

IEH's Debt to Equity Ratio for the fiscal year that ended in Mar. 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
	=	(0.317	+	2.589)	/	24.317
	=	0.12

IEH'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
	=	(0.343	+	2.329)	/	21.34
	=	0.13

IEH (OTCPK:IEHC) 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.

IEH Debt-to-Equity Related Terms

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

IEH (IEHC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » IEH Corp (OTCPK:IEHC) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

140 58th Street, Suite 8E, Brooklyn, NY, USA, 11220

Website

https://www.iehcorp.com

IEH Corp designs develops and manufactures printed circuit board (PCB) connectors, custom interconnects, and contacts for high-performance applications. With its Hyperboloid technology, It supplies durable, reliable connectors for demanding environments. The company markets to companies in defense, aerospace, space, and industrial applications, in the United States, Canada, Europe, Southeast, and Central Asia, and the Mideast. The company generates the majority of its revenue from United states.

Executives

Subrata Purkayastha	officer: Chief Financial Officer	140 58TH STREET, BUILDING B SUITE 8E, BROOKLYN NY 11220
Gail Offerman	10 percent owner	2984 WYNSUM AVENUE, MERRICK NY 11566
Zeff Capital, Lp	10 percent owner	400 S. MCCADDEN PL., LOS ANGELES CA 90020
2020 David Offerman Trust	10 percent owner	17 MOHAWK TRAIL, WESTFIELD NJ 07090
William H Craig	officer: Chief Financial Officer
Daniel Zeff	10 percent owner	400 S. MCCADDEN PL., LOS ANGELES CA 90020
Zeff Holding Company, Llc	10 percent owner	400 S. MCCADDEN PL., LOS ANGELES CA 90020
Michael E Rosenfeld	director	1365 YORK AVENUE, APT. 3A, NEW YORK NY 10021
Dave Offerman	director, officer: Chief Executive Officer	140 58TH STREET, SUITE 8E, BROOKLYN NY 11220
Robert Knoth	officer: CFO, Secretary and Treasurer	140 58TH STREET, BLDG. B, SUITE 8E, IEH CORPORATION, BROOKLYN NY 11220
Gerald E. Chafetz	director	C/O IEH CORP. 140 58TH STREET, BLDG. B, SUITE 8E, BROOKLYN NY 11220
Michael Offerman	director, 10 percent owner, officer: Chairman & President