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ClearOne (ClearOne) Debt-to-Equity : 0.02 (As of Dec. 2023)


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What is ClearOne Debt-to-Equity?

ClearOne's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.38 Mil. ClearOne's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.67 Mil. ClearOne's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $44.69 Mil. ClearOne's debt to equity for the quarter that ended in Dec. 2023 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 ClearOne's Debt-to-Equity or its related term are showing as below:

CLRO' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02   Med: 0.11   Max: 0.13
Current: 0.02

During the past 13 years, the highest Debt-to-Equity Ratio of ClearOne was 0.13. The lowest was 0.02. And the median was 0.11.

CLRO's Debt-to-Equity is ranked better than
93.45% of 2199 companies
in the Hardware industry
Industry Median: 0.28 vs CLRO: 0.02

ClearOne Debt-to-Equity Historical Data

The historical data trend for ClearOne'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.

ClearOne Debt-to-Equity Chart

ClearOne 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 0.11 0.12 0.13 0.07 0.02

ClearOne 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 0.07 0.03 0.05 0.05 0.02

Competitive Comparison of ClearOne's Debt-to-Equity

For the Communication Equipment subindustry, ClearOne'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.


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

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

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



ClearOne Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

ClearOne'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.


ClearOne  (NAS:CLRO) 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.


ClearOne Debt-to-Equity Related Terms

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


ClearOne (ClearOne) Business Description

Traded in Other Exchanges
N/A
Address
5225 Wiley Post Way, Suite 500, Salt Lake City, UT, USA, 84116
ClearOne Inc is a communications solutions company, which is engaged in designing, developing, and selling conferencing, collaboration, streaming, and digital signage solutions for audio, video, and visual communication. It sells its commercial products to end-users primarily through a network of independent distributors, who in turn sells its products to dealers, systems integrators, and other resellers. Its products include professional audio, network media streaming, and professional microphones. Geographically the firm has its business presence across the US and international market.
Executives
Edward D Bagley director, 10 percent owner 2350 OAK HILL LANE, SALT LAKE CITY UT 84121
Larry Hendricks director 5225 WILEY POST WAY, SUITE 500, SALT LAKE CITY UT 84116
Derek Graham officer: Interim CEO C/O CLEARONE, INC., 5225 WILEY POST WAY, STE. 500, SALT LAKE CITY UT 84116
Clearone, Inc. officer: Interim CEO 5225 WILEY POST WAY, SUITE 500, SALT LAKE CITY UT 84116
Zeynep Hakimoglu officer: VP of Product Management 5225 WILEY POST WAY, SUITE 500, SALT LAKE CITY UT 84116
Bruce Whaley director C/O CLEARONE, EDGEWATER CORPORATE PARK, S. TOWER, 5225 WILEY POST WAY, SUITE 500, SALT LAKE CITY UT 84116
Narasimhan Narayanan officer: VP FINANCE 5225 WILEY POST WAY, SUITE 500, SALT LAKE CITY X1 84116
Lisa Higley director C/O CLEARONE INC., 5225 WILEY POST WAY, SUITE 500, SALT LAKE CITY UT 84116
E Bryan Bagley 10 percent owner 1470 ARLINGTON DR, SALT LAKE CITY UT 84103
Scott Huntsman director 5225 WILEY POST WAY, SUITE 500, SALT LAKE CITY UT 84116
Brad Baldwin director 3607 APPLEMILL COVE, SALT LAKE CITY UT 84109
Eric L Robinson director 551 EAST INDIAN SPRINGS ROAD, BOUNTIFUL UT 84010
Michael J Braithwaite officer: SVP 5225 WILEY POST WAY, SUITE 500, SALT LAKE CITY X1 84116
Joseph Paul Sorrentino officer: EXEC VP OF SALES 1825 RESEARCH WAY, SALT LAKE CITY UT 84119
Mark Allen Fletcher officer: VP OF WORLDWIDE SALES 5225 WILEY POST WAY, SUITE 500, SALT LAKE CITY UT 84116