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Sonic Foundry (Sonic Foundry) Debt-to-Equity

: -0.93 (As of Sep. 2023)
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Sonic Foundry's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $9.12 Mil. Sonic Foundry's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $3.66 Mil. Sonic Foundry's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $-13.74 Mil. Sonic Foundry's debt to equity for the quarter that ended in Sep. 2023 was -0.93.

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 Sonic Foundry's Debt-to-Equity or its related term are showing as below:

SOFO' s Debt-to-Equity Range Over the Past 10 Years
Min: -5.8   Med: 0.47   Max: 1.1
Current: -0.93

During the past 13 years, the highest Debt-to-Equity Ratio of Sonic Foundry was 1.10. The lowest was -5.80. And the median was 0.47.

SOFO's Debt-to-Equity is not ranked
in the Software industry.
Industry Median: 0.21 vs SOFO: -0.93

Sonic Foundry Debt-to-Equity Historical Data

The historical data trend for Sonic Foundry'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.

Sonic Foundry Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Debt-to-Equity
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1.08 -5.80 0.52 0.86 -0.93

Sonic Foundry Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Debt-to-Equity Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.86 11.99 -4.73 -1.29 -0.93

Competitive Comparison

For the Software - Application subindustry, Sonic Foundry'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.


Sonic Foundry Debt-to-Equity Distribution

For the Software industry and Technology sector, Sonic Foundry's Debt-to-Equity distribution charts can be found below:

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



Sonic Foundry Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Sonic Foundry's Debt to Equity Ratio for the fiscal year that ended in Sep. 2023 is calculated as

Sonic Foundry's Debt to Equity Ratio for the quarter that ended in Sep. 2023 is calculated as

* 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.


Sonic Foundry  (OTCPK:SOFO) 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.


Sonic Foundry Debt-to-Equity Related Terms

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


Sonic Foundry (Sonic Foundry) Business Description

Traded in Other Exchanges
N/A
Address
222 W. Washington Avenue, Madison, WI, USA, 53703
Sonic Foundry Inc is engaged in the business of providing video enterprise solutions and services for the digital-first, distance learning, and corporate communications market. It offers video capture, management, and streaming solutions as well as virtual and hybrid events in education, business, and government. Sonic Foundry's family of brands includes Mediasite, Video Solutions, Vidable and Global Learning Exchange. The company also offers video solutions, including Mediasite Video Platform, Mediasite Video Cloud, Mediasite Capture Solutions, Mediasite Events, Mediasite Services, and Mediasite Customer Care. The company has a geographical presence in the United States, Europe, and the Middle East, Asia, and other places.
Executives
Brian Wiegand director 8215 GREENWAY BLVD, SUITE 340, MIDDLETON WI 53562
Ron W Busslinger 10 percent owner 27901 VIA DEL AGUA, LAGUNA NIGUEL CA 92677
Joe Jr Mozden director 3423 WILD PRAIRIE LN, GENEVA IL 60134
Kenneth A Minor officer: Chief Financial Officer
Nelson A Murphy director 2300 W INNES ST, SALISBURY NC 28144
Taha Jangda director 3827 LINKLEA DRIVE, HOUSTON TX 77025
Lawrence William St director 23 ASHLAND STREET, NEWBURYPORT MA 01950-1905
Kelsy L Boyd director 2839 PLEASANT VIEW HTS, COTTAGE GROVE WI 53527
Michael Norregaard officer: Chief Operating Officer 4891 ENCHANTED VALLEY ROAD, MIDDLETON WI 53562
Andrew D. Burish 10 percent owner 8020 EXCELSIOR DRIVE, MADISON WI 53717
David Slayton director 701 WASHINGTON AVE N. SUITE #400, MINNEAPOLIS WI 55401
Gary Weis director, officer: Chief Executive Officer & CTO
Kopko Frederick H Jr director 4901 S ELLIS AVE, CHICAGO IL 60615
Mark D Burish director HURLEY, BURISH, MILLIKEN S.C., 301 NORTH BROOM STREET, MADISON WI 53703
David Kleinman director