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Ooma (OOMA) Debt-to-Equity : 0.43 (As of Jan. 2024)


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What is Ooma Debt-to-Equity?

Ooma's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was $3.7 Mil. Ooma's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was $29.7 Mil. Ooma's Total Stockholders Equity for the quarter that ended in Jan. 2024 was $78.1 Mil. Ooma's debt to equity for the quarter that ended in Jan. 2024 was 0.43.

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

OOMA' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.27   Med: 0.2   Max: 0.43
Current: 0.43

During the past 12 years, the highest Debt-to-Equity Ratio of Ooma was 0.43. The lowest was -0.27. And the median was 0.20.

OOMA's Debt-to-Equity is ranked better than
63.04% of 349 companies
in the Telecommunication Services industry
Industry Median: 0.65 vs OOMA: 0.43

Ooma Debt-to-Equity Historical Data

The historical data trend for Ooma'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.

Ooma Debt-to-Equity Chart

Ooma Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.30 0.17 0.28 0.22 0.43

Ooma Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Debt-to-Equity Get a 7-Day Free Trial 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 0.22 0.27 0.23 0.46 0.43

Competitive Comparison of Ooma's Debt-to-Equity

For the Telecom Services subindustry, Ooma'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.


Ooma's Debt-to-Equity Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Ooma's Debt-to-Equity distribution charts can be found below:

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



Ooma Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Ooma's Debt to Equity Ratio for the fiscal year that ended in Jan. 2024 is calculated as

Ooma's Debt to Equity Ratio for the quarter that ended in Jan. 2024 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.


Ooma  (NYSE:OOMA) 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.


Ooma Debt-to-Equity Related Terms

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


Ooma (OOMA) Business Description

Traded in Other Exchanges
N/A
Address
525 Almanor Avenue, Suite 200, Sunnyvale, CA, USA, 94085
Ooma Inc is a United States-based provider of innovative communication solutions and other connected services to small business, home, and mobile users. The company's hybrid software-as-a-service(SaaS) platform, consisting of its proprietary cloud, on-premise appliances, mobile applications, and end-point devices, provides the connectivity and functionality that power its solutions. Its communications solutions deliver proprietary PureVoice high-definition voice quality, advanced features, and integration with mobile devices. The majority of the company's revenue is generated in the form of Subscription and services.
Executives
Eric B Stang director, officer: CEO and Pdt
William D Pearce director PO BOX 193575, SAN FRANCISCO CA 94199
James A. Gustke officer: Vice President of Marketing C/O OOMA, INC., 1880 EMBARCADERO ROAD, PALO ALTO CA 94303
Namrata Sabharwal officer: Chief Accounting Officer C/O OOMA, INC., 525 ALMANOR AVENUE, SUITE 200, SUNNYVALE CA 94085
Jenny C Yeh officer: VP, General Counsel & Sec. SPHERE 3D CORP, 9112 SPECTRUM CENTER BLVD, SAN DIEGO CA 92123
Shigeyuki Hamamatsu officer: Chief Financial Officer 1875 CHARLESTON ROAD, MOUNTAIN VIEW CA 94043
Ravi Narula officer: Chief Financial Officer C/O BIGBAND NETWORKS, INC., 475 BROADWAY STREET, REDWOOD CITY CA 94063
Russell Mann director C/O ONVIA, INC., 509 OLIVE WAY, SUITE 400, SEATTLE WA 98101
Judi Hand director 9197 S. PEORIA STREET, ENGLEWOOD CO 80112
Alison Davis director 255 FISERV DRIVE, BROOKFIELD WI 53045
Andrew H Galligan director C/O NEVRO CORP., 1800 BRIDGE PARKWAY, REDWOOD CITY CA 94065
Spencer D. Jackson officer: VP, General Counsel & Sec. C/O OOMA, INC., 1880 EMBARCADERO ROAD, PALO ALTO CA 94303
James Wei director, 10 percent owner 435 TASSO ST, SUITE 120, PALO ALTO CA 94301
Worldview Equity I, L.l.c. 10 percent owner 101 S ELLSWORTH AVENUE SUITE 401, SAN MATEO CA 94401
Susan Butenhoff director 1880 EMBARCADERO ROAD, PALO ALTO CA 94303