Crown ElectroKinetics (Crown ElectroKinetics) Debt-to-Equity : 0.85 (As of Mar. 2024)

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What is Crown ElectroKinetics Debt-to-Equity?

Crown ElectroKinetics's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.70 Mil. Crown ElectroKinetics's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $1.28 Mil. Crown ElectroKinetics's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $2.32 Mil. Crown ElectroKinetics's debt to equity for the quarter that ended in Mar. 2024 was 0.85.

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

CRKN' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.57 Med: 0.04 Max: 6.8
Current: 0.85

During the past 5 years, the highest Debt-to-Equity Ratio of Crown ElectroKinetics was 6.80. The lowest was -0.57. And the median was 0.04.

CRKN's Debt-to-Equity is ranked worse than
79.17% of 1392 companies
in the Chemicals industry
Industry Median: 0.35 vs CRKN: 0.85

Crown ElectroKinetics Debt-to-Equity Historical Data

The historical data trend for Crown ElectroKinetics'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.

Crown ElectroKinetics Debt-to-Equity Chart

Crown ElectroKinetics Annual Data

Trend

Mar19

Mar20

Mar21

Dec22

Dec23

Debt-to-Equity

-0.57

-0.44

0.03

6.80

0.46

Crown ElectroKinetics Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															0.84	0.58	0.09	0.46	0.85

Competitive Comparison of Crown ElectroKinetics's Debt-to-Equity

For the Specialty Chemicals subindustry, Crown ElectroKinetics'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.

Crown ElectroKinetics's Debt-to-Equity Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Crown ElectroKinetics's Debt-to-Equity distribution charts can be found below:

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

Crown ElectroKinetics Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Crown ElectroKinetics'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
	=	(1.084	+	1.072)	/	4.677
	=	0.46

Crown ElectroKinetics's Debt to Equity Ratio for the quarter that ended in Mar. 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
	=	(0.699	+	1.278)	/	2.318
	=	0.85

Crown ElectroKinetics (NAS:CRKN) 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.

Crown ElectroKinetics Debt-to-Equity Related Terms

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Crown ElectroKinetics (Crown ElectroKinetics) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Crown ElectroKinetics Corp (NAS:CRKN) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

1110 NE Circle Boulevard, Corvallis, OR, USA, 97330

Website

https://www.crownek.com

Crown ElectroKinetics Corp is a provider of DynamicTint. The company's technology allows any glass surface to transition between clear and dark in seconds. DynamicTint allows windows to transition from transparent to black. With applications to a wide array of windows, including commercial buildings, automotive sunroofs, and residential skylights, Crown partners with glass and film manufacturers for mass production and distribution. Its technology is a thin film that is powered by an electrically-charged pigment which not only replaces common window tints but is also a more sustainable alternative to traditional window treatments. The company is supported by a robust patent portfolio.

Executives

Douglas B Croxall	10 percent owner, officer: Chief Executive Officer	2331 MILL ROAD SUITE 100, ALEXANDRIA VA 22314
Joel Krutz	officer: Chief Financial Officer	11601 WILSHIRE BLVD., SUITE 2240, LOS ANGELES CA 90025
Gary C Hanna	director
Gizman I Abbas	director	415 WASHINGTON STREET, APT 1B, NEW YORK NY 10013
Kaijiro Sato	officer: Co-President and CMO	1110 NE CIRCLE BLVD., CORVALLIS OR 97330
Edward Kovalik	director	1 GRAND ARMY PLAZA, 11 GG, BROOKLYN NY 11238
Philip J Anderson	officer: Chief Financial Officer	SIAR CAPITAL, 600 MADISON AVENUE, NEW YORK NY 10021
John P. Marchese	director	150 TWELVE OAKS LANE, PONTE VEDRA BEACH FL 32082
Christopher H Smith	director	C/O ONEIDA LTD., 163-181 KENWOOD AVENUE, ONEIDA NY 13421
Timothy Koch	officer: Chief Technology Officer	1110 NE CIRCLE BLVD., CORVALLIS OR 97330
Dipanjan Nag	director	9335 BURNETT LANE, DUBLIN OH 43017