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Iteris (Iteris) Debt-to-Equity : 0.09 (As of Dec. 2023)


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What is Iteris Debt-to-Equity?

Iteris's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.0 Mil. Iteris's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $6.3 Mil. Iteris's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $68.6 Mil. Iteris's debt to equity for the quarter that ended in Dec. 2023 was 0.09.

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

ITI' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.09   Med: 0.14   Max: 0.2
Current: 0.09

During the past 13 years, the highest Debt-to-Equity Ratio of Iteris was 0.20. The lowest was 0.09. And the median was 0.14.

ITI's Debt-to-Equity is ranked better than
74.84% of 2194 companies
in the Hardware industry
Industry Median: 0.28 vs ITI: 0.09

Iteris Debt-to-Equity Historical Data

The historical data trend for Iteris'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.

Iteris Debt-to-Equity Chart

Iteris Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.18 0.13 0.14 0.12

Iteris 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 0.13 0.12 0.11 0.10 0.09

Competitive Comparison of Iteris's Debt-to-Equity

For the Communication Equipment subindustry, Iteris'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.


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

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

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



Iteris Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Iteris'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.


Iteris  (NAS:ITI) 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.


Iteris Debt-to-Equity Related Terms

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


Iteris (Iteris) Business Description

Traded in Other Exchanges
Address
1250 S. Capital of Texas Highway, Austin, TX, USA, 78746
Iteris Inc is a provider of smart mobility infrastructure management solutions. Its solutions include traveler information systems, transportation performance measurement software, traffic analytics software, transportation operations software, transportation-related data sets, advanced sensing devices, managed services, traffic engineering services, and mobility consulting services. The company's cloud-enabled end-to-end solutions help public transportation agencies, municipalities, commercial entities and other transportation infrastructure providers monitor, visualize, and optimize mobility infrastructure to make mobility safe, efficient,and sustainable for everyone. The software solutions include ClearGuide, ClearRoute, Commercial Vehicle Operations, BlueArgus, TrafficCarma,and others.
Executives
Todd Kreter officer: Vice President 1700 CARNEGIE AVE, SANTA ANA CA 92705
Andrew Wiener 10 percent owner C/O SAMJO CAPITAL, LLC, 1345 AVENUE OF THE AMERICAS, 3RD FLOOR, NEW YORK NY 10105
Samjo Management, Llc 10 percent owner 880 THIRD AVENUE, 16TH FLOOR, NEW YORK NY 10022
Gary Hall director C/O ITERIS, INC., 1250 S. CAPITAL OF TEXAS HWY, STE 330, AUSTIN TX 78746
Kimberly Valentine-poska director C/O ITERIS, INC., 1250 S. CAPITAL OF TEXAS HWY, STE 330, AUSTIN TX 78746
Kerry A Shiba officer: SVP and CFO 5847 SAN FELIPE SUITE 2500, HOUSTON TX 77057
William M. Cousins officer: SVP and Chief Product Officer C/O ITERIS, INC., 1250 S. CAPITAL OF TEXAS HWY, BLDG.1, AUSTIN TX 78746
Douglas L Groves officer: Senior Vice President & CFO ITERIS, INC., 1700 CARNEGIE AVE SUITE 100, SANTA ANA CA 92705
J. Joseph Bergera officer: President and CEO 1700 CARNEGIE AVENUE, SUITE 100, SANTA ANA CA 92705
Tom Thomas director
Ramin M Massoumi officer: Sr. Vice President 1700 CARNEGIE AVE., SUITE 100, SANTA ANA CA 92705
Gerard Mooney director 1700 CARNEGIE AVE, SANTA ANA CA 92705
Lucas P Schneider director 968 ALBANY SHAKER ROAD, LATHAM X1 12110
Anjali Joshi director
Dennis W Zank director ITERIS, INC., 1700 CARNEGIE AVE SUITE 100, SANTA ANA CA 92705