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 Synaptics's Debt-to-Equity or its related term are showing as below:
SYNA'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.33 Max: 1.1
Current: 0.9
During the past 13 years, the highest Debt-to-Equity Ratio of Synaptics was 1.10. The lowest was 0.00. And the median was 0.33.
SYNA's Debt-to-Equity is ranked worse than 86.38% of 793
companies
in the Semiconductors industry
Industry Median: 0.25
vs SYNA: 0.90
Synaptics Debt-to-Equity Historical Data
The historical data trend for Synaptics'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.
Synaptics Annual Data
Trend
Jun12
Jun13
Jun14
Jun15
Jun16
Jun17
Jun18
Jun19
Jun20
Jun21
Debt-to-Equity
0.29
0.62
0.71
0.73
0.94
Synaptics Quarterly Data
Jun17
Sep17
Dec17
Mar18
Jun18
Sep18
Dec18
Mar19
Jun19
Sep19
Dec19
Mar20
Jun20
Sep20
Dec20
Mar21
Jun21
Sep21
Dec21
Mar22
Debt-to-Equity
1.00
0.94
0.43
0.97
0.90
Competitive Comparison
For the Semiconductors subindustry, Synaptics'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.
Synaptics Debt-to-Equity Distribution
For the Semiconductors industry and Technology sector, Synaptics's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Synaptics's Debt-to-Equity falls into.
Synaptics Debt-to-Equity Calculation
Debt to Equity measures the financial leverage a company has.
Synaptics's Debt to Equity Ratio for the fiscal year that ended in Jun. 2021 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.
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.
Synaptics Debt-to-Equity Related Terms
Thank you for viewing the detailed overview of Synaptics's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.
Synaptics is a global producer of semiconductor solutions for the mobile, PC, and Internet of Things markets. The company develops human interface solutions that enable touch, display, fingerprint, video, audio, voice, AI, and connectivity functions for smartphones, PCs, Internet of Things products, and other electronic devices.
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