OCZ Technology Group (FRA:OADA) Debt-to-Equity : -1.89 (As of Aug. 2013)

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What is OCZ Technology Group Debt-to-Equity?

OCZ Technology Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Aug. 2013 was €12.8 Mil. OCZ Technology Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Aug. 2013 was €0.0 Mil. OCZ Technology Group's Total Stockholders Equity for the quarter that ended in Aug. 2013 was €-6.8 Mil. OCZ Technology Group's debt to equity for the quarter that ended in Aug. 2013 was -1.89.

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 OCZ Technology Group's Debt-to-Equity or its related term are showing as below:

FRA:OADA's Debt-to-Equity is not ranked ^*
in the Hardware industry.
Industry Median: 0.29
* Ranked among companies with meaningful Debt-to-Equity only.

OCZ Technology Group Debt-to-Equity Historical Data

The historical data trend for OCZ Technology Group'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.

OCZ Technology Group Debt-to-Equity Chart

OCZ Technology Group Annual Data

Trend

Dec05

Dec06

Feb09

Feb10

Feb11

Feb12

Feb13

Debt-to-Equity

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0.51

1.73

1.53

OCZ Technology Group Quarterly Data
	Feb09	Nov09	Feb10	May10	Aug10	Nov10	Feb11	May11	Aug11	Nov11	Feb12	May12	Feb13	May13	Aug13
Debt-to-Equity	Get a 7-Day Free Trial										-	-	-	-	-1.89

Competitive Comparison of OCZ Technology Group's Debt-to-Equity

For the Computer Hardware subindustry, OCZ Technology Group'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.

OCZ Technology Group's Debt-to-Equity Distribution in the Hardware Industry

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

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

OCZ Technology Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

OCZ Technology Group's Debt to Equity Ratio for the fiscal year that ended in Feb. 2013 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	+	0)	/	19.702
	=	0.00

OCZ Technology Group's Debt to Equity Ratio for the quarter that ended in Aug. 2013 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
	=	(12.805	+	0)	/	-6.786
	=	-1.89

OCZ Technology Group (FRA:OADA) 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.

OCZ Technology Group Debt-to-Equity Related Terms

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OCZ Technology Group (FRA:OADA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » OCZ Technology Group Inc. (FRA:OADA) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.ocztechnology.com

OCZ Technology Group, Inc., a Delaware corporation was formed in 2002. The Company is a provider of high performance solid state drives (SSDs) and memory modules for computing devices and systems. It develops flexible and customizable component solutions quickly and efficiently to meet the ever changing market needs and provide superior customer service. Historically, it mainly sold high performance memory modules to individual computing enthusiasts through catalog and online retail channels. However, SSDs have emerged as a strong market alternative to conventional disk drive technology and SSDs are rooted in much of the same basic technological concepts as its legacy memory module business. Today, as part of a diversification strategy which began in fiscal year 2009, its product mix is significantly more weighted toward the sale of SSDs and the SSD product line has become central to its business. As a result, its target customers are increasingly enterprises and original equipment manufacturers (or OEMs). It designs, develops, manufactures and distributes high performance components for computing devices and systems, including SSDs, other flash memory storage, memory modules, thermal management solutions and PSUs. Its ten largest customers are Amazon.com; ASK Corporation; BAS Group; D&H Distribution Company; Maxcom Memory GmbH; Memoryworld GmbH & Co., KG; Micro Center Corporation; Micro Peripherals LTD; NewEgg.com, operated by Magnell Associate Inc.; and SYX Distribution, Inc. The Company's business is subject to regulation by various federal and state governmental agencies.

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