VOXX International (VOXX International) Debt-to-Equity

: 0.16 (As of Nov. 2023)

View and export this data going back to 1987. Start your Free Trial

VOXX International's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2023 was $0.5 Mil. VOXX International's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2023 was $49.6 Mil. VOXX International's Total Stockholders Equity for the quarter that ended in Nov. 2023 was $316.3 Mil. VOXX International's debt to equity for the quarter that ended in Nov. 2023 was 0.16.

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 VOXX International's Debt-to-Equity or its related term are showing as below:

VOXX' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02 Med: 0.1 Max: 0.3
Current: 0.16

During the past 13 years, the highest Debt-to-Equity Ratio of VOXX International was 0.30. The lowest was 0.02. And the median was 0.10.

VOXX's Debt-to-Equity is ranked better than
64.48% of 2196 companies
in the Hardware industry
Industry Median: 0.28 vs VOXX: 0.16

VOXX International Debt-to-Equity Historical Data

The historical data trend for VOXX International'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.

VOXX International Annual Data

Trend

Feb14

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Debt-to-Equity

Get a 7-Day Free Trial

0.04

0.03

0.04

0.12

VOXX International Quarterly Data
	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23
Debt-to-Equity	Get a 7-Day Free Trial															0.14	0.12	0.12	0.14	0.16

Competitive Comparison

For the Consumer Electronics subindustry, VOXX International'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.

VOXX International Debt-to-Equity Distribution

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

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

VOXX International Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

VOXX International's Debt to Equity Ratio for the fiscal year that ended in Feb. 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
	=	(0.5	+	40.085)	/	341.859
	=	0.12

VOXX International's Debt to Equity Ratio for the quarter that ended in Nov. 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
	=	(0.5	+	49.599)	/	316.288
	=	0.16

VOXX International (NAS:VOXX) 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.

VOXX International Debt-to-Equity Related Terms

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

VOXX International (VOXX International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » VOXX International Corp (NAS:VOXX) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

VOX:Germany VOX:Germany

Address

2351 J. Lawson Boulevard, Orlando, FL, USA, 32824

Website

https://www.voxxintl.com

VOXX International Corp manufacturer and distributor in the Automotive Electronics, Consumer Electronics, and Biometrics industries. The consumer electronic products primarily consist of finished goods sold to retail and commercial customers, consisting of premium audio and other consumer electronic products. Automotive products, some of which are manufactured by the Company, are sold both to OEM and aftermarket customers. Biometric products, primarily consisting of finished goods, are sold to retail and commercial customers.

Executives

Beat Kahli	10 percent owner	AVALON GROUP INTERNATIONAL, LLC, 3801 AVALON PARK EAST BLVD., STE 400, ORLANDO FL 32828
Steven R Downing	director	14814 CREEK EDGE DRIVE, HOLLAND MI 49424
Peter A Lesser	director	C/O AUDIOVOX CORP, 180 MARCUS BLVD., HAUPPAUGE NY 11788-0518
Patrick M Lavelle	director, officer: Senior Vice President	150 MARCUS BLVD, PO BOX 18000, HAUPPAUGE NY 11788
John J Shalam	director, 10 percent owner, officer: President and C.E.O.	180 MARCUS BLVD, PO BOX 12427, HAUPPAGE NY 11788-0518
Holding Ag Kahli	10 percent owner	RIESBACHSTRASSE 57, ZURICH V8 8008
Edward David Mas	officer: President Voxx Automotive Corp	C/O VOXX INTERNATIONAL CORPORATION, 180 MARCUS BOULEVARD, HAUPPAUGE NY 11788
John Jr Adamovich	director	180 MARCUS BLVD, C/O VOXX INTERNATIONAL CORPORATION, HAUPPAUGE NY 11788
Kreuch Paul C Jr	director	C/O 180 MARCUS BLVD., PO BOX 12427, HAUPPAUGE NY 11788-0518
Ari Shalam	director	C/O AUDIOVOX CORP, 150 MARCUS BLVD, HAUPPAUGE NY 11788
Denise W. Gibson	director	140 SCHOOL STREET, LIBERTYVILLE IL 60048
Oscar Leonard Bernardo	officer: COO Klipsch Group Inc.	C/O VOXX INTERNATIONAL CORPORATION, 180 MARCUS BLVD, HAUPPAUGE NY 11788
Ian Sebastian Geise	officer: President Voxx Accessories	C/O VOXX INTERNATIONAL CORPORATION, 180 MARCUS BLVD, HAUPPAUGE NY 11788
Michael F Klipsch	officer: Pres. Global Operations of KGI	180 MARCUS BOULEVARD, C/O AUDIOVOX CORPORATION, HAUPPAUGE X1 11788
Ludwig Geis	officer: CEO VOXX Hirschmann Corp	STUTTGARTER STRASSE 45 - 51, NECKARTENZLINGEN 2M 72654