Casa Systems (STU:6CS) Debt-to-Equity : -3.47 (As of Sep. 2023)

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What is Casa Systems Debt-to-Equity?

Casa Systems's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was €7.3 Mil. Casa Systems's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was €166.3 Mil. Casa Systems's Total Stockholders Equity for the quarter that ended in Sep. 2023 was €-50.1 Mil. Casa Systems's debt to equity for the quarter that ended in Sep. 2023 was -3.47.

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

STU:6CS' s Debt-to-Equity Range Over the Past 10 Years
Min: -5.88 Med: 4.14 Max: 11.87
Current: -3.47

During the past 9 years, the highest Debt-to-Equity Ratio of Casa Systems was 11.87. The lowest was -5.88. And the median was 4.14.

STU:6CS's Debt-to-Equity is not ranked
in the Hardware industry.
Industry Median: 0.28 vs STU:6CS: -3.47

Casa Systems Debt-to-Equity Historical Data

The historical data trend for Casa Systems'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.

Casa Systems Debt-to-Equity Chart

Casa Systems Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

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3.95

7.61

3.81

3.37

4.67

Casa Systems Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial															6.45	4.67	11.87	-5.88	-3.47

Competitive Comparison of Casa Systems's Debt-to-Equity

For the Communication Equipment subindustry, Casa Systems'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.

Casa Systems's Debt-to-Equity Distribution in the Hardware Industry

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

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

Casa Systems Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Casa Systems's Debt to Equity Ratio for the fiscal year that ended in Dec. 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
	=	(214.478	+	3.225)	/	46.635
	=	4.67

Casa Systems's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(7.331	+	166.336)	/	-50.059
	=	-3.47

Casa Systems (STU:6CS) 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.

Casa Systems Debt-to-Equity Related Terms

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Casa Systems (STU:6CS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Casa Systems Inc (STU:6CS) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

CASA:USA 6CS:Germany

Address

100 Old River Road, Andover, MA, USA, 01810

Website

https://www.casa-systems.com

Casa Systems Inc is engaged in providing a suite of software-centric infrastructure solutions that allow cable service providers to deliver voice, video and data services over a single platform at multi-gigabit speeds. In addition, the company offers solutions for next-generation distributed and virtualized architectures in cable operator, fixed telecom, and wireless networks. The company focuses on creating a software-centric, multi-service portfolio that enables a broad range of core and access network functions for fixed and wireless networks. The company's product line includes cable networks, IP networks, mobile networks, optical networks, professional and managed services and others. Substantial revenue is generated from North American operations.

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