Universal Electronics (FRA:UE1) Debt-to-Equity : 0.41 (As of Dec. 2023)

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What is Universal Electronics Debt-to-Equity?

Universal Electronics's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €54.8 Mil. Universal Electronics's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €11.5 Mil. Universal Electronics's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €164.1 Mil. Universal Electronics's debt to equity for the quarter that ended in Dec. 2023 was 0.40.

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

FRA:UE1' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.13 Med: 0.32 Max: 0.54
Current: 0.4

During the past 13 years, the highest Debt-to-Equity Ratio of Universal Electronics was 0.54. The lowest was 0.13. And the median was 0.32.

FRA:UE1's Debt-to-Equity is ranked worse than
60.37% of 2198 companies
in the Hardware industry
Industry Median: 0.28 vs FRA:UE1: 0.40

Universal Electronics Debt-to-Equity Historical Data

The historical data trend for Universal 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.

* Premium members only.

Universal Electronics Debt-to-Equity Chart

Universal Electronics Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.32

0.13

0.27

0.40

0.41

Universal Electronics Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.40	0.49	0.47	0.50	0.41

Competitive Comparison of Universal Electronics's Debt-to-Equity

For the Consumer Electronics subindustry, Universal 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.

Universal Electronics's Debt-to-Equity Distribution in the Hardware Industry

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

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

Universal Electronics Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Universal Electronics'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
	=	(54.849	+	11.518)	/	164.07
	=	0.40

Universal Electronics's Debt to Equity Ratio for the quarter 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
	=	(54.849	+	11.518)	/	164.07
	=	0.40

Universal Electronics (FRA:UE1) 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.

Universal Electronics Debt-to-Equity Related Terms

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Universal Electronics (FRA:UE1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Universal Electronics Inc (FRA:UE1) » Definitions » Debt-to-Equity

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UEIC:USA

Address

15147 N. Scottsdale Road, Suite H300, Scottsdale, AZ, USA, 85254-2494

Website

https://www.uei.com

Universal Electronics Inc is a United States-based company that is principally engaged in developing and manufacturing a series of electronic products, including wireless control products, audio-video accessories, intelligent wireless automation components, and software. The company focuses on the subscription broadcast, consumer electronics and residential security markets, with customers consisting of subscription broadcasters, original equipment manufacturer, private-label brands, retailers, pro-security dealers, and companies in the computing industry. The company has a global presence and generates most of its total revenue from the United States.

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