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Xyratex, Ltd. (NAS:XRTX)
Debt to Equity
0.00 (As of Nov. 2013)

Xyratex, Ltd.'s current portion of long-term debt for the quarter that ended in Nov. 2013 was \$0.0 Mil. Xyratex, Ltd.'s long-term debt for the quarter that ended in Nov. 2013 was \$0.0 Mil. Xyratex, Ltd.'s total equity for the quarter that ended in Nov. 2013 was \$294.8 Mil. Xyratex, Ltd.'s debt to equity for the quarter that ended in Nov. 2013 was 0.00.

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.

Definition

Debt to Equity measures the financial leverage a company has.

Xyratex, Ltd.'s Debt to Equity Ratio for the fiscal year that ended in Nov. 2013 is calculated as

 Debt to Equity = Total Debt / Total Equity = (Current Portion of Long-Term Debt + Long-Term Debt) / Total Equity = (0 + 0) / 294.824 = 0.00

Xyratex, Ltd.'s Debt to Equity Ratio for the quarter that ended in Nov. 2013 is calculated as

 Debt to Equity = Total Debt / Total Equity = (Current Portion of Long-Term Debt + Long-Term Debt) / Total Equity = (0 + 0) / 294.824 = 0.00

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Explanation

In the calculation of Debt to Equity, we use the total of Current Portion of Long-Term Debt and Long-Term Debt divided by Total Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its Return on Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return on Equity companies.

Related Terms

Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Xyratex, Ltd. Annual Data

 Nov04 Nov05 Nov06 Nov07 Nov08 Nov09 Nov10 Nov11 Nov12 Nov13 deb2equity 0.15 0.09 0.03 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Xyratex, Ltd. Quarterly Data

 Aug11 Nov11 Feb12 May12 Aug12 Nov12 Feb13 May13 Aug13 Nov13 deb2equity 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
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