Aehr Test Systems (Aehr Test Systems) Debt-to-Equity

: 0.07 (As of Feb. 2024)

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Aehr Test Systems's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was $0.43 Mil. Aehr Test Systems's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was $5.88 Mil. Aehr Test Systems's Total Stockholders Equity for the quarter that ended in Feb. 2024 was $86.50 Mil. Aehr Test Systems's debt to equity for the quarter that ended in Feb. 2024 was 0.07.

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

AEHR' s Debt-to-Equity Range Over the Past 10 Years
Min: -8.48 Med: 0.18 Max: 4.64
Current: 0.07

During the past 13 years, the highest Debt-to-Equity Ratio of Aehr Test Systems was 4.64. The lowest was -8.48. And the median was 0.18.

AEHR's Debt-to-Equity is ranked better than
75.6% of 877 companies
in the Semiconductors industry
Industry Median: 0.26 vs AEHR: 0.07

Aehr Test Systems Debt-to-Equity Historical Data

The historical data trend for Aehr Test 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.

Aehr Test Systems Annual Data

Trend

May14

May15

May16

May17

May18

May19

May20

May21

May22

May23

Debt-to-Equity

0.28

0.42

0.02

0.08

Aehr Test Systems Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Debt-to-Equity																0.09	0.08	0.08	0.07	0.07

Competitive Comparison

For the Semiconductor Equipment & Materials subindustry, Aehr Test 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.

Aehr Test Systems Debt-to-Equity Distribution

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

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

Aehr Test Systems Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Aehr Test Systems's Debt to Equity Ratio for the fiscal year that ended in May. 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
	=	(0.137	+	6.163)	/	75.6
	=	0.08

Aehr Test Systems's Debt to Equity Ratio for the quarter that ended in Feb. 2024 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
	=	(0.428	+	5.878)	/	86.497
	=	0.07

Aehr Test Systems (NAS:AEHR) 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.

Aehr Test Systems Debt-to-Equity Related Terms

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Aehr Test Systems (Aehr Test Systems) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Aehr Test Systems (NAS:AEHR) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

AYB:Germany AYB:Germany

Address

400 Kato Terrace, Fremont, CA, USA, 94539

Website

https://www.aehr.com

Aehr Test Systems is engaged in test systems for burning-in and testing logic, optical, and memory integrated circuits. Increased quality and reliability needs of the Automotive and Mobility integrated circuit markets are driving additional test requirements, incremental capacity needs, and new opportunities for the company's products in package, wafer level, and singulated die/module level test. The company provides production solutions across the product manufacturing flow to improve yield and reliability and has developed and introduced several innovative products, including the ABTSTM and FOX-PTM families of test and burn-in systems and FOX WaferPakTM Aligner, FOX-XP WaferPak Contactor, FOX DiePak Carrier and FOX DiePak Loader.

Executives

Gayn Erickson	director, officer: President & CEO	C/O AEHR TEST SYSTEMS, 400 KATO TERRACE, FREMONT CA 94539
Richmond Donald P. Ii	officer: VP of Engineering	C/O AEHR TEST SYSTEMS, 400 KATO TERRACE, FREMONT CA 94539
Vernon Rogers	officer: Exe. VP. of Sales & Marketing	C/O AEHR TEST SYSTEMS, 400 KATO TERRACE, FREMONT CA 94539
Chris Siu	officer: EXECUTIVE V.P. FINANCE & CFO	C/O AEHR TEST SYSTEMS, 400 KATO TERRACE, FREMONT CA 94539
Alistair N Sporck	officer: VP, CONTACTOR BUSINESS UNIT	C/O AEHR TEST SYSTEMS, 400 KATO TERRACE, FREMONT CA 94539
Howard T Slayen	director	15353 BARRANCA PARKWAY, IRVINE CA 92618
Geoffrey Gates Scott	director	C/O AEHR TEST SYSTEMS, 400 KATO TERRACE, FREMONT CA 94539
Laura Oliphant	director	C/O AEHR TEST SYSTEMS, 400 KATO TERRACE, FREMONT CA 94539
Rhea J Posedel	officer: CEO and Chairman	C/O AEHR TEST SYSTEMS, 400 KATO TERRACE, FREMONT CA 94539
Kenneth B. Spink	officer: VP OF FINANCE & CFO	C/O AEHR TEST SYSTEMS, 400 KATO TERRACE, FREMONT CA 94539
David S Hendrickson	officer: VP of Engineering	400 KATO TERRACE, FREMONT CA 94539
Mario M Rosati	director, officer: Secretary	650 PAGE MILL RD, PALO ALTO CA 94304
Fariba Danesh	director
Adil Engineer	officer: Chief Operating Officer	C/O AEHR TEST SYSTEMS, 400 KATO TERRACE, FREMONT CA 94539
Michael A. Brannan	officer: VP of Operations	C/O AEHR TEST SYSTEMS, 400 KATO TERRACE, FREMONT CA 94539