FLIR Systems (FLIR Systems) Debt-to-Equity : 0.38 (As of Mar. 2021)

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What is FLIR Systems Debt-to-Equity?

FLIR Systems's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2021 was $13 Mil. FLIR Systems's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2021 was $713 Mil. FLIR Systems's Total Stockholders Equity for the quarter that ended in Mar. 2021 was $1,910 Mil. FLIR Systems's debt to equity for the quarter that ended in Mar. 2021 was 0.38.

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 FLIR Systems's Debt-to-Equity or its related term are showing as below:

FLIR' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03 Med: 0.3 Max: 3.43
Current: 0.38

During the past 13 years, the highest Debt-to-Equity Ratio of FLIR Systems was 3.43. The lowest was 0.03. And the median was 0.30.

FLIR's Debt-to-Equity is not ranked
in the Hardware industry.
Industry Median: 0.28 vs FLIR: 0.38

FLIR Systems Debt-to-Equity Historical Data

The historical data trend for FLIR Systems'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.

FLIR Systems Debt-to-Equity Chart

FLIR Systems Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Debt-to-Equity

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0.31

0.23

0.36

0.39

FLIR Systems Quarterly Data
	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21
Debt-to-Equity	Get a 7-Day Free Trial															0.49	0.48	0.44	0.39	0.38

Competitive Comparison of FLIR Systems's Debt-to-Equity

For the Scientific & Technical Instruments subindustry, FLIR Systems'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.

FLIR Systems's Debt-to-Equity Distribution in the Hardware Industry

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

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

FLIR Systems Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

FLIR Systems's Debt to Equity Ratio for the fiscal year that ended in Dec. 2020 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
	=	(13.473	+	724.919)	/	1883.374
	=	0.39

FLIR Systems's Debt to Equity Ratio for the quarter that ended in Mar. 2021 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
	=	(12.945	+	712.866)	/	1909.874
	=	0.38

FLIR Systems (NAS:FLIR) 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.

FLIR Systems Debt-to-Equity Related Terms

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FLIR Systems (FLIR Systems) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » FLIR Systems Inc (NAS:FLIR) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

27700 SW Parkway Avenue, Wilsonville, OR, USA, 97070

Website

https://www.flir.com

FLIR Systems Inc designs, develops, markets, and distributes technologies that detect people, objects, and substances. The company's two business units are Industrial Technologies and Defense Technologies segment. The Industrial Technologies segment develops components used to create thermal, industrial, and other imaging systems. The Defense Technologies unit develops imaging and recognition solutions for military, law enforcement, and other government customers. The company operates around the world, with a significant portion of revenue coming from the United States.

Executives

John D Carter	director	17575 LITTLE RIVER DRIVE, BEND OR 97707
James J Cannon	officer: President and CEO	1000 STANLEY DRIVE, NEW BRITAIN CT 06053
Sonia Galindo	officer: Sr VP, General Counsel and Sec	C/O ROSETTA STONE, 1621 NORTH KENT STREET, SUITE 1200, ARLINGTON VA 22209
Travis Barton Johnson	officer: VP, Controller & CAO	41789 IVY GLEN COURT, ASHBURN VA 20148
Paula M. Cooney	officer: SVP and CHRO	1200 WILLOW LAKE BLVD., P.O. BOX 64683, ST. PAUL MN 55110
William Wright Crouch	director	27700 SW PARKWAY AVENUE WILSONVILLE OR 97070
Carol P Lowe	officer: Exec VP, Finance and CFO	4311 BEULAH CHURCH ROAD, WEDDINGTON NC 28104
Steven E Wynne	director	27700 SW PARKWAY AVENUE, WILSONVILLE OR 97070
Angus L Macdonald	director	27700 SW PARKWAY AVENUE WILSONVILLE OR 97070
Earl R Lewis	director	C/O NXSTAGE MEDICAL INC. (NXTM), 439 SOUTH UNION STREET, 5TH FLOOR, LAWRENCE MA 01843
Jeffrey Frank	officer: Sr VP, Global Product Strategy	27700 SW PARKWAY AVE WILSONVILLE OR 97070
Wood John W Jr	director	C/O ANALOGIC, 8 CENTENNIAL DRIVE, PEABODY MA 01960
Cathy A Stauffer	director
Robert S Tyrer	director	EDO CORP 60 EAST 42ND STR 42ND FL NEW YORK NY 10165
Michael T Smith	director	190 NW SPANISH RIVER BOULEVARD, SUITE 101, BOCA RATON FL 33431