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Richardson Electronics (Richardson Electronics) Debt-to-Equity : 0.02 (As of Feb. 2024)


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What is Richardson Electronics Debt-to-Equity?

Richardson Electronics's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was $1.2 Mil. Richardson Electronics's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was $1.9 Mil. Richardson Electronics's Total Stockholders Equity for the quarter that ended in Feb. 2024 was $158.6 Mil. Richardson Electronics's debt to equity for the quarter that ended in Feb. 2024 was 0.02.

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

RELL' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01   Med: 0.02   Max: 0.03
Current: 0.02

During the past 13 years, the highest Debt-to-Equity Ratio of Richardson Electronics was 0.03. The lowest was 0.01. And the median was 0.02.

RELL's Debt-to-Equity is ranked better than
93.4% of 2197 companies
in the Hardware industry
Industry Median: 0.28 vs RELL: 0.02

Richardson Electronics Debt-to-Equity Historical Data

The historical data trend for Richardson Electronics'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.

Richardson Electronics Debt-to-Equity Chart

Richardson Electronics Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.03 0.02 0.02 0.02

Richardson Electronics Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 0.02 0.02 0.02 0.01 0.02

Competitive Comparison of Richardson Electronics's Debt-to-Equity

For the Electronic Components subindustry, Richardson Electronics'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.


Richardson Electronics's Debt-to-Equity Distribution in the Hardware Industry

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

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



Richardson Electronics Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Richardson Electronics's Debt to Equity Ratio for the fiscal year that ended in May. 2023 is calculated as

Richardson Electronics's Debt to Equity Ratio for the quarter that ended in Feb. 2024 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.


Richardson Electronics  (NAS:RELL) 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.


Richardson Electronics Debt-to-Equity Related Terms

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


Richardson Electronics (Richardson Electronics) Business Description

Traded in Other Exchanges
Address
40W267 Keslinger Road, P.O. Box 393, LaFox, IL, USA, 60147-0393
Richardson Electronics Ltd provides engineered solutions, power grid, and microwave tubes and related consumables, power conversion, RF and microwave components, high-value flat panel detector solutions, replacement parts, tubes, and service training for diagnostic imaging equipment and customized display solutions. Its products have applications in alternative energy, healthcare, aviation, broadcast, communications, industrial, marine, medical, military, scientific, and semiconductor markets. The company segments include PMT (Power and Microwave Technologies Group), Canvys, (Green Energy Solutions) GES, and Healthcare reportable segments. The company derives the majority of its revenues from the PMT segment.
Executives
Robert H Kluge director C/O RICHARDSON ELECTRONICS, LTD., 40W267 KESLINGER ROAD P.O. BOX 393, LAFOX IL 60147
Kathleen Mcnally officer: Sr. VP Global Supply Chain C/O RICHARDSON ELECTRONICS, LTD., PO BOX 393, 40W267 KESLINGER ROAD, LAFOX IL 60147-0393
Wendy Diddell officer: EVP Corporate Development C/O RICHARDSON ELECTRONICS, LTD., PO BOX 393, 40W267 KESLINGER ROAD, LAFOX IL 60147
Gregory J Peloquin officer: EVP, EDG 40W267 KESLINGER RD, P O BOX 393, LAFOX IL 60147-0393
Paul J Plante director C/O RICHARDSON ELECTRONICS, LTD., PO BOX 393, 40W267 KESLINGER RD., LAFOX IL 60147
Jacques Belin director 40W267 KESLINGER RD., LAFOX IL 60147
James Benham director 40W267 KESLINGER RD., LAFOX IL 60147
Kenneth Halverson director 40W267 KESLINGER RD., LAFOX IL 60147
Jens Frank Ruppert officer: EVP Canvys 40W267 KESLINGER ROAD, P.O. BOX 393, LAFOX IL 60147
Robert J Ben officer: CFO, CAO, Corporate Secretary 40W267 KESLINGER ROAD PO BOX 393, LAFOX IL 60147
Fitzgerald Patrick Thomas Iii officer: EVP Healthcare 40W267 KESLINGER ROAD, P.O. BOX 393, LAFOX IL 60147
James Dudek officer: Controller & Chief Accounting C/O RICHARDSON ELECTRONICS, LTD, PO BOX 393, 40W267 KESLINGER ROAD, LAFOX IL 60147
Kathleen S Dvorak officer: EVP & CFO C/O RICHARDSON ELECTRONICS, LTD, PO BOX 393, 40W267 KESLINGER ROAD, LAFOX IL 60147
Edward J Richardson director, 10 percent owner, officer: Chairman & CEO C/O RICHARDSON ELECTRONICS, LTD, PO BOX 393, 40W267 KESLINGER ROAD, LAFOX IL 60147
Sandeep Beotra officer: EVP Mergers & Acquisitions 40W267 KESLINGER RD., LAFOX IL 60147