ANDR (Andrea Electronics) Debt-to-Asset : 3.21 (As of Dec. 2022)

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What is Andrea Electronics Debt-to-Asset?

Andrea Electronics ANDR Debt-to-Asset is 3.21 as of Dec. 2022.

Andrea Electronics's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2022 was $0.05 Mil. Andrea Electronics's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2022 was $2.77 Mil. Andrea Electronics's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2022 was $0.88 Mil. Andrea Electronics's debt to asset for the quarter that ended in Dec. 2022 was 3.21.

Andrea Electronics  (OTCPK:ANDR) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

Andrea Electronics Debt-to-Asset Related Terms

Andrea Electronics Debt-to-Asset Historical Data

* Premium members only.

The historical data trend for Andrea Electronics's Debt-to-Asset 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.

Andrea Electronics Debt-to-Asset Chart

Andrea Electronics Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.02 1.47 2.15 2.30 3.21

Andrea Electronics Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
Debt-to-Asset 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 2.30 2.39 2.13 2.70 3.21

ANDR vs GAXY, TKLS, WTO: Debt-to-Asset Comparison

For the Consumer Electronics subindustry, Andrea Electronics's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset 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.

Andrea Electronics Debt-to-Asset vs Hardware Industry

For the Hardware industry and Technology sector, Andrea Electronics's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Andrea Electronics's Debt-to-Asset falls into.


Andrea Electronics Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Andrea Electronics's Debt-to-Asset for the fiscal year that ended in Dec. 2022 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(0.047 + 2.774) / 0.878
=3.21

Andrea Electronics's Debt-to-Asset for the quarter that ended in Dec. 2022 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(0.047 + 2.774) / 0.878
=3.21

* 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.

Frequently Asked Questions Learn more about Debt-to-Asset →
What does a Debt-to-Asset of 3.21 mean?
Andrea Electronics (ANDR) has a Debt-to-Asset of 3.21 as of Dec. 2022. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on Andrea Electronics and its competitors.
Is Andrea Electronics' Debt-to-Asset too high?
Andrea Electronics' current Debt-to-Asset is 3.21.
How does Andrea Electronics' Debt-to-Asset compare to GAXY and TKLS?
Andrea Electronics' Debt-to-Asset of 3.21 can be compared against companies in the Hardware industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Asset for a Hardware company?
A good Debt-to-Asset depends on the Hardware industry context. However, Debt-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Asset mean?
A high Debt-to-Asset can signal that a stock is expensive relative to its fundamentals. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on Andrea Electronics and its competitors. Andrea Electronics's current Debt-to-Asset is 3.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Andrea Electronics stock overvalued right now?
Andrea Electronics (ANDR) has a current Debt-to-Asset of 3.21. The current Debt-to-Asset is 3.21. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Asset calculated?
Debt-to-Asset is calculated from a company's financial statements. For Andrea Electronics (ANDR), the current Debt-to-Asset is 3.21 as of Dec. 2022. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Andrea Electronics Business Description

Address 620 Johnson Avenue, Suite 1B, Bohemia, NY, USA, 11716
Andrea Electronics Corp is engaged in the design, development, and manufacturing of digital microphone products and noise reduction software that facilitate natural language, human, and machine interfaces. The company's technologies assist in eliminating background noise to enable the optimum performance of various speech-based and audio applications. It operates through two segments. The Patent monetization segment consists of monetization revenues. Its Andrea DSP microphone & audio software products segment includes products such as Andrea digital super directional array microphone technology, Andrea direction-finding & tracking array microphone technology, Andrea pure audio noise-filtering technology, and Andrea EchoStop, an advanced acoustic echo cancellation technology.