CPTN (Cepton) Debt-to-Equity : -0.18 (As of Sep. 2024)

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What is Cepton Debt-to-Equity?

Cepton's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $2.14 Mil. Cepton's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $7.06 Mil. Cepton's Total Stockholders Equity for the quarter that ended in Sep. 2024 was $-52.07 Mil. Cepton's debt to equity for the quarter that ended in Sep. 2024 was -0.18.

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

CPTN' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.35 Med: -0.13 Max: 26.38
Current: -0.18

During the past 5 years, the highest Debt-to-Equity Ratio of Cepton was 26.38. The lowest was -0.35. And the median was -0.13.

CPTN's Debt-to-Equity is not ranked
in the Hardware industry.
Industry Median: 0.29 vs CPTN: -0.18

Cepton Debt-to-Equity Historical Data

The historical data trend for Cepton'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.

Cepton Debt-to-Equity Chart

Cepton Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

-0.13

-0.02

26.38

-0.28

Cepton Quarterly Data
	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Debt-to-Equity	Get a 7-Day Free Trial													-0.35	-0.28	-0.23	-0.23	-0.18

Competitive Comparison of Cepton's Debt-to-Equity

For the Scientific & Technical Instruments subindustry, Cepton'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.

Cepton's Debt-to-Equity Distribution in the Hardware Industry

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

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

Cepton Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Cepton's Debt to Equity Ratio for the fiscal year that ended in Dec. 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
	=	(1.875	+	8.72)	/	-38.367
	=	-0.28

Cepton's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(2.141	+	7.063)	/	-52.074
	=	-0.18

Cepton (NAS:CPTN) 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.

Cepton Debt-to-Equity Related Terms

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

Cepton Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Cepton Inc (NAS:CPTN) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

399 West Trimble Road, San Jose, CA, USA, 95131

Website

https://www.cepton.com

Cepton Inc provides lidar-based solutions for a range of markets such as automotive, smart cities, smart spaces and smart industrial applications. The company's patented MMT-based lidar technology enables reliable, scalable and cost-effective solutions that deliver long range, high resolution 3D perception for smart applications.

Executives

Ming Qiu	officer: Controller	C/O CEPTON, INC., 399 W. TRIMBLE ROAD, SAN JOSE CA 95131
Liqun Han	officer: SVP of Operations	C/O CEPTON, INC., 399 W. TRIMBLE ROAD, SAN JOSE CA 95131
Jun Pei	director, 10 percent owner, officer: CEO and President	C/O CEPTON, INC., 399 W. TRIMBLE ROAD, SAN JOSE CA 95131
Mark Mccord	officer: Chief Technology Officer	C/O CEPTON, INC., 399 W. TRIMBLE ROAD, SAN JOSE CA 95131
Hideharu Konagaya	director	C/O CEPTON, INC., 399 WEST TRIMBLE ROAD, SAN JOSE CA 95131
Paul Anawalt	officer: General Counsel and Secretary	C/O CEPTON, INC., 399 W. TRIMBLE ROAD, SAN JOSE CA 95131
Hull Xu	officer: Chief Financial Officer	C/O CEPTON, INC., 399 W. TRIMBLE ROAD, SAN JOSE CA 95131
Jinying Chen	officer: Corporate Controller	C/O CEPTON, INC., 399 W. TRIMBLE ROAD, SAN JOSE CA 95131
Ldv Partners Fund I, L.p.	10 percent owner	24201 SUMMERHILL AVENUE, LOS ALTOS CA 94024
Xiaogang Zhang	director	C/O CEPTON, INC., 399 W. TRIMBLE ROAD, SAN JOSE CA 95131
Koito Manufacturing Co., Ltd.	10 percent owner	4-8-3, TAKANAWA, MINATO-KU, TOKYO M0 1088711
May Wang	director	C/O CEPTON, INC., 399 W. TRIMBLE ROAD, SAN JOSE CA 95131
Winston S Fu	director, 10 percent owner, officer: CFO and Secretary	24201 SUMMERHILL AVENUE, LOS ALTOS CA 94024
Takayuki Katsuda	director	C/O CEPTON, INC., 399 W. TRIMBLE ROAD, SAN JOSE CA 95131
Dongyi Liao	officer: SVP of Applications	C/O CEPTON, INC., 399 W. TRIMBLE ROAD, SAN JOSE CA 95131