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Faro Technologies's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $5.4 Mil. Faro Technologies's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $83.6 Mil. Faro Technologies's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $268.6 Mil. Faro Technologies's debt to equity for the quarter that ended in Dec. 2023 was 0.33.
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 Faro Technologies's Debt-to-Equity or its related term are showing as below:
During the past 13 years, the highest Debt-to-Equity Ratio of Faro Technologies was 0.33. The lowest was 0.06. And the median was 0.08.
The historical data trend for Faro 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.
Faro Technologies Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Debt-to-Equity | Get a 7-Day Free Trial | 0.06 | 0.08 | 0.08 | 0.07 | 0.33 |
Faro Technologies 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 | 0.07 | 0.31 | 0.33 | 0.35 | 0.33 |
For the Scientific & Technical Instruments subindustry, Faro 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.
For the Hardware industry and Technology sector, Faro Technologies's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Faro Technologies's Debt-to-Equity falls into.
Debt to Equity measures the financial leverage a company has.
Faro Technologies's Debt to Equity Ratio for the fiscal year 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 | |
= | (5.434 | + | 83.597) | / | 268.606 | |
= | 0.33 |
Faro Technologies'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 | |
= | (5.434 | + | 83.597) | / | 268.606 | |
= | 0.33 |
* 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.
Faro Technologies (NAS:FARO) 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.
Thank you for viewing the detailed overview of Faro Technologies's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.
Alexander M Davern | director | C/O NATIONAL INSTRUMENTS, 11500 MOPAC BLDG C, AUSTIN TX 78759 |
Peter James Lau | director, officer: President and CEO | C/O HUBBELL INCORPORATED, 40 WATERVIEW DRIVE, SHELTON CT 06484 |
Rotterdam Jeroen Van | director | 851 WEST CYPRESS CREEK ROAD, FORT LAUDERDALE FL 33309 |
Yuval Wasserman | director | 1625 SHARP POINT DRIVE, FORT COLLINS CO 80525 |
Stephen Cole | director | 125 TECHNOLOGY PARK, LAKE MARY FL 32746 |
John Donofrio | director | ONE VILLAGE CENTER ROAD, VAN BUREN TOWNSHIP MI 48111 |
Jawad A Ahsan | director | 17800 N 85TH ST, SCOTTSDALE AZ 85255 |
Jeffrey D Sexton | officer: Vice President of Global Sales | 1519 MONTEVAL PLACE, SAN JOSE CA 95120 |
Rajani Ramanathan | director | C/O GUIDEWIRE SOFTWARE, INC., 2850 S DELAWARE STREET, S-400, SAN MATEO CA 94403 |
Moonhie Chin | director | AUTODESK, INC., 111 MCINNIS PARKWAY, SAN RAFAEL CA 94903 |
Kevin Beadle | officer: Senior Vice President, Sales | 1601 S. MOPAC EXPRESSWAY, SUITE 100, AUSTIN TX 78746 |
Katrona Tyrrell | officer: Chief People Officer | C/O FARO TECHNOLOGIES, INC., 250 TECHNOLOGY PARK, LAKE MARY FL 32746 |
Yazid Tohme | officer: Chief R&D Officer | C/O FARO TECHNOLOGIES, INC., 250 TECHNOLOGY PARK, LAKE MARY FL 32746 |
Allen L. Muhich | officer: Chief Financial Officer | 250 TECHNOLOGY PARK, LAKE MARY FL 32746 |
Michael D Burger | director, officer: President and CEO | 250 TECHNOLOGY PARK, LAKE MARY FL 32746 |
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