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TTM Technologies (TTM Technologies) Debt-to-Equity : 0.68 (As of Dec. 2023)


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What is TTM Technologies Debt-to-Equity?

TTM Technologies's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $12 Mil. TTM Technologies's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1,008 Mil. TTM Technologies's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $1,511 Mil. TTM Technologies's debt to equity for the quarter that ended in Dec. 2023 was 0.67.

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

TTMI' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.6   Med: 0.84   Max: 1.43
Current: 0.68

During the past 13 years, the highest Debt-to-Equity Ratio of TTM Technologies was 1.43. The lowest was 0.60. And the median was 0.84.

TTMI's Debt-to-Equity is ranked worse than
76.48% of 2194 companies
in the Hardware industry
Industry Median: 0.28 vs TTMI: 0.68

TTM Technologies Debt-to-Equity Historical Data

The historical data trend for TTM Technologies'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.

TTM Technologies Debt-to-Equity Chart

TTM Technologies Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.17 0.60 0.66 0.63 0.68

TTM Technologies 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 0.63 0.60 0.58 0.65 0.68

Competitive Comparison of TTM Technologies's Debt-to-Equity

For the Electronic Components subindustry, TTM Technologies'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.


TTM Technologies's Debt-to-Equity Distribution in the Hardware Industry

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

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



TTM Technologies Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

TTM Technologies's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

TTM Technologies'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.


TTM Technologies  (NAS:TTMI) 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.


TTM Technologies Debt-to-Equity Related Terms

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


TTM Technologies (TTM Technologies) Business Description

Traded in Other Exchanges
Address
200 East Sandpointe, Suite 400, Santa Ana, CA, USA, 92707
TTM Technologies Inc manufactures printed circuit boards. The company is based in the United States and derives roughly half of its revenue domestically. The company organizes itself into two segments: printed circuit boards and RF&S Components. The printed circuit boards segment, which contributes the majority of revenue, offers a range of printed circuit boards as well as layout design and simulation, and testing services. TTM Technologies' products are used in manufacturing, networking, telecommunications, computing, aerospace, and medical fields.
Executives
Robert P. Farrell officer: President C&C 200 EAST SANDPOINTE, SUITE 400, SANTA ANA CA 92707
Shawn A. Powers officer: EVP, Human Resources 1665 SCENIC AVENUE SUITE 250, COSTA MESA CA 92626
Daniel L. Boehle officer: EVP of Finance C/O AEROJET ROCKETDYNE HOLDINGS, INC., 222 N. SEPULVEDA BOULEVARD, SUITE 500, EL SEGUNDO CA 90245
Dale Martin Knecht officer: SVP Information Technology 200 EAST SANDPOINTE, SUITE 400, SANTA ANA CA 92707
Daniel J Weber officer: See Remarks 1665 SCENIC AVENUE, SUITE 250, COSTA MESA CA 92626
Catherine A Gridley officer: SVP & President of A&D BU 200 EAST SANDPOINTE, SUITE 400, SANTA ANA CA 92707
Tony Sanchez officer: Vice President & Controller 1665 SCENIC AVENUE, SUITE 250, COSTA MESA CA 92626
Tom Clapprood officer: President A&D Radar Systems 200 EAST SANDPOINTE, SUITE 400, SANTA ANA CA 92707
Todd B Schull officer: Executive Vice President 1665 SCENIC AVENUE, SUITE 250, COSTA MESA CA 92626
Philip Titterton officer: See Remarks 1665 SCENIC AVENUE, SUITE 250, COSTA MESA CA 92626
Tai Keung Chung officer: See Remarks NO. 4 DAI SHUN STREET, TAI PO INDUSTRIAL ESTATE, TAI PO, NT,, HONG KONG K3 00000
Pamela B. Jackson director 200 EAST SANDPOINTE, SUITE 400, SANTA ANA CA 92707
William Kent Hardwick officer: SVP Global Sales and EMS 5 KENTWOOD COURT, SCOTTS VALLEY CA 95066
Douglas L Soder officer: Executive Vice President 1665 SCENIC AVENUE, SUITE 250, COSTA MESA CA 92626
Jeff Jankowsky officer: President, C&C BU 1665 SCENIC AVENUE, SUITE 250, COSTA MESA CA 92626