Westell Technologies (Westell Technologies) Debt-to-Equity : 0.04 (As of Sep. 2023)

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What is Westell Technologies Debt-to-Equity?

Westell Technologies's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.54 Mil. Westell Technologies's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.56 Mil. Westell Technologies's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $31.72 Mil. Westell Technologies's debt to equity for the quarter that ended in Sep. 2023 was 0.03.

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

WSTL' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02 Med: 0.04 Max: 0.18
Current: 0.04

During the past 13 years, the highest Debt-to-Equity Ratio of Westell Technologies was 0.18. The lowest was 0.02. And the median was 0.04.

WSTL's Debt-to-Equity is ranked better than
86.66% of 2197 companies
in the Hardware industry
Industry Median: 0.28 vs WSTL: 0.04

Westell Technologies Debt-to-Equity Historical Data

The historical data trend for Westell 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.

Westell Technologies Debt-to-Equity Chart

Westell Technologies Annual Data

Trend

Mar12

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Debt-to-Equity

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0.02

0.18

Westell Technologies Semi-Annual Data
	Sep12	Mar13	Sep13	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep22	Sep23
Debt-to-Equity	Get a 7-Day Free Trial															0.02	0.14	0.18	N/A	0.04

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

For the Communication Equipment subindustry, Westell 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.

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

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

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

Westell Technologies Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Westell Technologies's Debt to Equity Ratio for the fiscal year that ended in Mar. 2021 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
	=	(0.45	+	3.533)	/	22.159
	=	0.18

Westell Technologies's Debt to Equity Ratio for the quarter 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
	=	(0.54	+	0.559)	/	31.715
	=	0.03

Westell Technologies (OTCPK:WSTL) 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.

Westell Technologies Debt-to-Equity Related Terms

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

Westell Technologies (Westell Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Westell Technologies Inc (OTCPK:WSTL) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

750 North Commons Drive, Aurora, IL, USA, 60504

Website

https://www.westell.com

Westell Technologies Inc is a provider of wireless network infrastructure solutions. It is organized into the following operating segments, In-Building Wireless (IBW), Intelligent Site Management (ISM), and Communications Network Solutions (CNS). IBW segment solutions enable cellular and public safety coverage in stadiums, arenas, malls, buildings, and other indoor areas not served well or at all by the existing macro outdoor cellular network. ISM segment solutions include a suite of remote units, which provide machine-to-machine communications that enable operators to remotely monitor, manage, and control physical site infrastructure and support systems. The majority of revenue is derived from the CNS segment Geographically, it derives a majority of revenue from the USA.

Executives

Cary B Wood	director	425 NORTH MARTINGALE ROAD, SUITE 1000, SCHAUMBURG IL 60173
Mark A Zorko	director	9265 FAWN LAKE DR, RALEIGH NC 27617
Penny Robert C Iii	director, 10 percent owner	750 NORTH COMMONS DRIVE AURORA IL 60504
Scott C Chandler	director	9635 MAROON CIRCLE SUITE 400 ENGLEWOOD CO 80112
Robert W Foskett	director, 10 percent owner	750 NORTH COMMONS DRIVE AURORA IL 60504
Kirk R Brannock	director	750 NORTH COMMONS DRIVE AURORA IL 60504
Timothy L Duitsman	director, officer: President & CEO	750 N COMMONS DR AURORA IL 60504
Jeniffer L Jaynes	officer: Interim CFO	750 N COMMONS DRIVE AURORA IL 60504
Jesse Swartwood	officer: SVP, Worldwide Sales	750 N. COMMONS DRIVE AURORA IL 60504
Alfred S John	officer: President & CEO	750 N COMMONS DRIVE AURORA IL 60504
Thomas P. Minichiello	officer: SVP,CFO,Treasurer,Secretary	750 N. COMMONS DRIVE, AURORA IL 60504
Dennis O Harris	director	750 NORTH COMMONS DRIVE AURORA IL 60504
Matthew B Brady	officer: President & CEO	750 N COMMONS DR, AURORA IL 60504
Michael T Moran	officer: SVP, IBW	750 N COMMONS DRIVE AURORA IL 60504
Jeannie Diefenderfer	director	C/O MRV COMMUNICATIONS, INC., 20415 NORDHOFF STREET, CHATSWORTH CA 91311