Evertz Technologies (Evertz Technologies) Debt-to-Equity

: 0.09 (As of Jan. 2024)

View and export this data going back to 2006. Start your Free Trial

Evertz Technologies's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was $2.9 Mil. Evertz Technologies's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was $14.0 Mil. Evertz Technologies's Total Stockholders Equity for the quarter that ended in Jan. 2024 was $193.8 Mil. Evertz Technologies's debt to equity for the quarter that ended in Jan. 2024 was 0.09.

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

EVTZF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.01 Max: 0.13
Current: 0.09

During the past 13 years, the highest Debt-to-Equity Ratio of Evertz Technologies was 0.13. The lowest was 0.00. And the median was 0.01.

EVTZF's Debt-to-Equity is ranked better than
74.94% of 2195 companies
in the Hardware industry
Industry Median: 0.28 vs EVTZF: 0.09

Evertz Technologies Debt-to-Equity Historical Data

The historical data trend for Evertz Technologies'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.

Evertz Technologies Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Debt-to-Equity

0.10

0.09

0.12

Evertz Technologies 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																0.12	0.12	0.09	0.09	0.09

Competitive Comparison

For the Communication Equipment subindustry, Evertz Technologies'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.

Evertz Technologies Debt-to-Equity Distribution

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

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

Evertz Technologies Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Evertz Technologies's Debt to Equity Ratio for the fiscal year that ended in Apr. 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
	=	(7.407	+	13.962)	/	180.286
	=	0.12

Evertz Technologies's Debt to Equity Ratio for the quarter that ended in Jan. 2024 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
	=	(2.946	+	13.985)	/	193.815
	=	0.09

Evertz Technologies (OTCPK:EVTZF) 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.

Evertz Technologies Debt-to-Equity Related Terms

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

Evertz Technologies (Evertz Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Evertz Technologies Ltd (OTCPK:EVTZF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

74E:Germany ET:Canada

Address

5292 John Lucas Drive, Burlington, ON, CAN, L7L 5Z9

Website

https://www.evertz.com

Evertz Technologies Ltd is a Canadian provider of telecommunications equipment and technology solutions to the television broadcast and new-media industries. Evertz equipment is used in the production, post-production and transmission of television content. Its solutions are sold to content creators, broadcasters, and service providers looking to support multi-channel digital and high definition television, and next generation Internet Protocol environments. More than half of the firm's revenue is generated in the United States.

Evertz Technologies (Evertz Technologies) Headlines

From GuruFocus

Unraveling the Dividend Story of Evertz Technologies Ltd (EVTZF)

By GuruFocus Research • 09-21-2023