ANDR (Andrea Electronics) Debt-to-Equity: -1.15 (As of Dec. 2022)

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What is Andrea Electronics Debt-to-Equity?

Andrea Electronics ANDR Debt-to-Equity is -1.15 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 Total Stockholders Equity for the quarter that ended in Dec. 2022 was $-2.45 Mil. Andrea Electronics's debt to equity for the quarter that ended in Dec. 2022 was -1.15.

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

ANDR's Debt-to-Equity is not ranked *
in the Hardware industry.
Industry Median: 0.27
* Ranked among companies with meaningful Debt-to-Equity only.

Andrea Electronics  (OTCPK:ANDR) 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.

Andrea Electronics Debt-to-Equity Related Terms

Andrea Electronics Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Andrea Electronics'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.

Andrea Electronics Debt-to-Equity Chart

Andrea Electronics Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.59 -1.96 -1.46 -1.21 -1.15

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-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 -1.21 -1.20 -1.26 -1.30 -1.15

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

For the Consumer Electronics subindustry, Andrea Electronics'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.

Andrea Electronics Debt-to-Equity vs Hardware Industry

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

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


Andrea Electronics Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Andrea Electronics'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
=(0.047 + 2.774) / -2.449
=-1.15

Andrea Electronics's Debt to Equity Ratio for the quarter 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
=(0.047 + 2.774) / -2.449
=-1.15

* 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-Equity →
What does a Debt-to-Equity of -1.15 mean?
Andrea Electronics (ANDR) has a Debt-to-Equity of -1.15 as of Dec. 2022. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Andrea Electronics and its competitors.
Is Andrea Electronics' Debt-to-Equity too high?
Andrea Electronics' current Debt-to-Equity is -1.15.
How does Andrea Electronics' Debt-to-Equity compare to GAXY and TKLS?
Andrea Electronics' Debt-to-Equity of -1.15 can be compared against companies in the Hardware industry. The industry median Debt-to-Equity is 0.27. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Hardware company?
The median Debt-to-Equity among Hardware companies is 0.27, based on 2,215 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity 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-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Andrea Electronics and its competitors. For the Hardware industry, the median Debt-to-Equity is 0.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Andrea Electronics's current Debt-to-Equity is -1.15. 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-Equity of -1.15. The current Debt-to-Equity is -1.15. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Andrea Electronics (ANDR), the current Debt-to-Equity is -1.15 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.