Vecima Networks (Vecima Networks) Debt-to-Equity : 0.27 (As of Dec. 2023)

View and export this data going back to 2010. Start your Free Trial

What is Vecima Networks Debt-to-Equity?

Vecima Networks's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $34.4 Mil. Vecima Networks's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $9.8 Mil. Vecima Networks's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $164.5 Mil. Vecima Networks's debt to equity for the quarter that ended in Dec. 2023 was 0.27.

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 Vecima Networks's Debt-to-Equity or its related term are showing as below:

VNWTF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.02 Max: 0.27
Current: 0.27

During the past 13 years, the highest Debt-to-Equity Ratio of Vecima Networks was 0.27. The lowest was 0.01. And the median was 0.02.

VNWTF's Debt-to-Equity is ranked better than
52.23% of 2198 companies
in the Hardware industry
Industry Median: 0.28 vs VNWTF: 0.27

Vecima Networks Debt-to-Equity Historical Data

The historical data trend for Vecima Networks'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.

Vecima Networks Debt-to-Equity Chart

Vecima Networks Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Debt-to-Equity

Get a 7-Day Free Trial

0.01

0.04

0.03

0.09

0.17

Vecima Networks 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															0.08	0.15	0.17	0.16	0.27

Competitive Comparison of Vecima Networks's Debt-to-Equity

For the Communication Equipment subindustry, Vecima Networks'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.

Vecima Networks's Debt-to-Equity Distribution in the Hardware Industry

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

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

Vecima Networks Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Vecima Networks's Debt to Equity Ratio for the fiscal year that ended in Jun. 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
	=	(17.141	+	10.63)	/	163.821
	=	0.17

Vecima Networks's Debt to Equity Ratio for the quarter that ended in Dec. 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
	=	(34.383	+	9.81)	/	164.527
	=	0.27

Vecima Networks (OTCPK:VNWTF) 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.

Vecima Networks Debt-to-Equity Related Terms

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

Vecima Networks (Vecima Networks) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Vecima Networks Inc (OTCPK:VNWTF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

VCM:Canada

Address

771 Vanalman Avenue, Victoria, BC, CAN, V8Z 3B8

Website

https://www.vecima.com

Vecima Networks Inc focuses on developing integrated hardware and scalable software solutions for broadband access, content delivery, and telematics. The company enables innovators to advance, connect, entertain, and analyze. It operates in three segments namely Video and Broadband Solutions, Content Delivery & Storage, and Telematics. The Video and Broadband Solutions segment design, develop, and distributes electronic communications products to cable and telecommunications markets. The Content Delivery and Storage segment develop advanced applications focused on storing, protecting, and transforming and delivering visual media. Its geographical segment includes the United States, Canada, Europe, Japan, and others, of which the majority of the revenue comes from the United States.