Sierra Wireless (Sierra Wireless) Debt-to-Equity : 0.31 (As of Sep. 2022)

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What is Sierra Wireless Debt-to-Equity?

Sierra Wireless's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2022 was $17.4 Mil. Sierra Wireless's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2022 was $66.4 Mil. Sierra Wireless's Total Stockholders Equity for the quarter that ended in Sep. 2022 was $274.8 Mil. Sierra Wireless's debt to equity for the quarter that ended in Sep. 2022 was 0.30.

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 Sierra Wireless's Debt-to-Equity or its related term are showing as below:

SWIR' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.01 Max: 0.31
Current: 0.31

During the past 13 years, the highest Debt-to-Equity Ratio of Sierra Wireless was 0.31. The lowest was 0.00. And the median was 0.01.

SWIR's Debt-to-Equity is not ranked
in the Hardware industry.
Industry Median: 0.28 vs SWIR: 0.31

Sierra Wireless Debt-to-Equity Historical Data

The historical data trend for Sierra Wireless'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.

Sierra Wireless Debt-to-Equity Chart

Sierra Wireless Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Debt-to-Equity

Get a 7-Day Free Trial

0.08

0.07

0.10

Sierra Wireless Quarterly Data
	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
Debt-to-Equity	Get a 7-Day Free Trial															0.09	0.10	0.28	0.25	0.31

Competitive Comparison of Sierra Wireless's Debt-to-Equity

For the Communication Equipment subindustry, Sierra Wireless'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.

Sierra Wireless's Debt-to-Equity Distribution in the Hardware Industry

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

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

Sierra Wireless Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Sierra Wireless's Debt to Equity Ratio for the fiscal year that ended in Dec. 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
	=	(2.645	+	24.476)	/	277.654
	=	0.10

Sierra Wireless's Debt to Equity Ratio for the quarter that ended in Sep. 2022 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
	=	(17.44	+	66.358)	/	274.789
	=	0.30

Sierra Wireless (NAS:SWIR) 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.

Sierra Wireless Debt-to-Equity Related Terms

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

Sierra Wireless (Sierra Wireless) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Sierra Wireless Inc (NAS:SWIR) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

13811 Wireless Way, Richmond, BC, CAN, V6V 3A4

Website

https://www.sierrawireless.com

Sierra Wireless Inc is a wireless communication equipment designer and provider of Device-To-Cloud Internet-of-Things solutions. The company's product and services portfolio contain products such as high-speed cellular modules and services such as connectivity services, cloud platforms, and cellular gateways, among others. It operates through two business segments: Internet of Things solutions and Embedded broadband. The vast majority of revenue comes from the company's embedded broadband segment, and more than half of its revenue is earned in the Americas and Asia-Pacific region.