Innovative Solutions and Support (Innovative Solutions and Support) Debt-to-Equity : 0.27 (As of Dec. 2023)

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What is Innovative Solutions and Support Debt-to-Equity?

Innovative Solutions and Support's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $10.62 Mil. Innovative Solutions and Support's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil. Innovative Solutions and Support's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $39.90 Mil. Innovative Solutions and Support's debt to equity for the quarter that ended in Dec. 2023 was 0.27.

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 Innovative Solutions and Support's Debt-to-Equity or its related term are showing as below:

ISSC' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0 Max: 0.56
Current: 0.27

During the past 13 years, the highest Debt-to-Equity Ratio of Innovative Solutions and Support was 0.56. The lowest was 0.00. And the median was 0.00.

ISSC's Debt-to-Equity is ranked better than
65.75% of 254 companies
in the Aerospace & Defense industry
Industry Median: 0.445 vs ISSC: 0.27

Innovative Solutions and Support Debt-to-Equity Historical Data

The historical data trend for Innovative Solutions and Support'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.

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Innovative Solutions and Support Debt-to-Equity Chart

Innovative Solutions and Support Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Debt-to-Equity

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0.51

Innovative Solutions and Support 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															-	0.01	0.56	0.51	0.27

Competitive Comparison of Innovative Solutions and Support's Debt-to-Equity

For the Aerospace & Defense subindustry, Innovative Solutions and Support'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.

Innovative Solutions and Support's Debt-to-Equity Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Innovative Solutions and Support's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Innovative Solutions and Support's Debt-to-Equity falls into.

Innovative Solutions and Support Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Innovative Solutions and Support's Debt to Equity Ratio for the fiscal year that ended in Sep. 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
	=	(2.013	+	17.5)	/	38.637
	=	0.51

Innovative Solutions and Support'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
	=	(10.623	+	0)	/	39.9
	=	0.27

Innovative Solutions and Support (NAS:ISSC) 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.

Innovative Solutions and Support Debt-to-Equity Related Terms

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Innovative Solutions and Support (Innovative Solutions and Support) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Innovative Solutions and Support Inc (NAS:ISSC) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

720 Pennsylvania Drive, Exton, PA, USA, 19341

Website

https://www.innovative-ss.com

Innovative Solutions and Support Inc is a systems integrator that designs, manufactures, sells, and services air data equipment, engine display systems, standby equipment, primary flight guidance, and cockpit display systems for retrofit applications and original equipment manufacturers. The company supplies integrated Flight Management Systems, Flat Panel Display Systems, Integrated Standby Units, Advanced Global Positioning System receivers that enable reduced carbon footprint navigation, and an Autothrottle, which allows a pilot to automatically control the power setting of the engine and is designed to reduce pilot workload and enhance safety. It sells its products to both the OEM and the retrofit markets.

Executives

Glen R Bressner	director	720 PENNSYLAVANIA DR, EXTON PA 19341
Estate Of Geoffrey S. M. Hedrick	10 percent owner	C/O INNOVATIVE SOLUTIONS AND SUPPORT INC, 720 PENNSYLVANIA DRIVE, EXTON PA 19341
Winston J Churchill	director	C/O SCP PARTNERS, SUITE 300, 1200 LIBERTY RIDGE DRIVE, WAYNE PA 19087
Christopher Harborne	10 percent owner	23F M THAI TOWER, ALL SEASONS PLACE, 87 WIRELESS ROAD, BANGKOK W1 10300
Michael Linacre	officer: Chief Financial Officer	720 PENNSYLVANIA DRIVE, EXTON PA 19341
Parizad Olver	director	C/O SEMPER PARATUS ACQUISITION CORP., 767 THIRD AVENUE, 38TH FLOOR, NEW YORK NY 10017
Mittelstaedt Robert E Jr	director
Stephen L Belland	director	5717 COMPASS COURT, CAPE CORAL FL 33914
Roger Anthony Carolin	director	1200 LIBERTY RIDGE DRIVE, WAYNE PA 19087
Relland Winand	officer: Chief Financial Officer	C/O INNOVATIVE SOLUTIONS & SUPPORT INC., 720 PENNSYLVANIA DRIVE, EXTON PA 19341
Shahram Askarpour	officer: President	C/O INNOVATIVE SOLUTIONS & SUPPORT, INC., 720 PENNSYLVANIA DRIVE, EXTON PA 19341
Ronald Albrecht	officer: Chief Financial Officer	C/O INNOVATIVE SOLUTIONS AND SUPPORT INC, 720 PENNSYLVANIA DRIVE, EXTON PA 19341
Robert Mionis	director
John C Long	officer: Chief Financial Officer	2400 BERNVILLE ROAD, READING PA 19612
Raymond J Wilson	director	720 PENNSYLVANIA DRIVE, EXTON PA 19341