GKOS has been successfully added to your Stock Email Alerts list.
You can manage your stock email alerts here.
GKOS has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
Glaukos's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $0.0 Mil. Glaukos's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $157.1 Mil. Glaukos's Total Stockholders Equity for the quarter that ended in Sep. 2024 was $668.5 Mil. Glaukos's debt to equity for the quarter that ended in Sep. 2024 was 0.24.
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 Glaukos's Debt-to-Equity or its related term are showing as below:
During the past 11 years, the highest Debt-to-Equity Ratio of Glaukos was 3.64. The lowest was -0.13. And the median was 0.42.
The historical data trend for Glaukos'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.
Glaukos Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Debt-to-Equity | Get a 7-Day Free Trial | 0.11 | 0.41 | 0.65 | 0.72 | 0.83 |
Glaukos Quarterly Data | ||||||||||||||||||||
Dec19 | Mar20 | Jun20 | 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 | 0.80 | 0.83 | 0.85 | 0.24 | 0.24 |
For the Medical Devices subindustry, Glaukos'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.
For the Medical Devices & Instruments industry and Healthcare sector, Glaukos's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Glaukos's Debt-to-Equity falls into.
Debt to Equity measures the financial leverage a company has.
Glaukos'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 | |
= | (0 | + | 383.738) | / | 461.766 | |
= | 0.83 |
Glaukos'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 | |
= | (0 | + | 157.127) | / | 668.509 | |
= | 0.24 |
* 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.
Glaukos (NYSE:GKOS) 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.
Thank you for viewing the detailed overview of Glaukos's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.
Joseph E Gilliam | officer: CFO, SVP Corporate Development | C/O GLAUKOS CORPORATION, 229 AVENIDA FABRICANTE, SAN CLEMENTE CA 92677 |
Gilbert H Kliman | director | C/O INTERWEST PARTNERS, 467 FIRST STREET SUITE 201, LOS ALTOS CA 94022 |
Marc Stapley | director | 9885 TOWNE CENTRE DRIVE, SAN DIEGO CA 92121 |
Aimee S Weisner | director | ONE EDWARDS WAY, IRVINE CA 92614 |
Alex R. Thurman | officer: SVP & Chief Financial Officer | C/O GLAUKOS CORPORATION, 229 AVENIDA FABRICANTE, SAN CLEMENTE CA 92672 |
Mark J Foley | director | ZELTIQ AESTHETICS INC., 4698 WILLOW ROAD SUITE 100, PLEASANTON CA 94588 |
Thomas William Burns | director, 10 percent owner, officer: Chief Executive Officer | C/O GLAUKOS CORPORATION,, 26051 MERIT CIRCLE, SUITE 103, LAGUNA HILLS CA 92653 |
Tomas Navratil | officer: Chief Development Officer | C/O GLAUKOS CORPORATION, 229 AVENIDA FABRICANTE, SAN CLEMENTE CA 92672 |
Denice Torres | director | 3 RABBIT RUN DRIVE, NEW HOPE PA 18938 |
Leana Wen | director | C/O GLAUKOS CORPORATION, 229 AVENIDA FABRICANTE, SAN CLEMENTE CA 92672 |
Chris M. Calcaterra | officer: Chief Commercial Officer | C/O GLAUKOS CORPORATION, 26051 MERIT CIRCLE, SUITE 103, LAGUNA HILLS CA 92653 |
Link William J Phd | director, 10 percent owner | ONE SANSOME STREET, SUITE 1650, SAN FRANCISCO CA 94104 |
Orbimed Advisors Llc | director | 601 LEXINGTON AVENUE, 54TH FLOOR, NEW YORK NY 10022 |
Jonathan Silverstein | director | 601 LEXINGTON AVENUE, 54TH FLOOR, NEW YORK NY 10022 |
Richard L Harrison | officer: Treasurer, CFO & Secretary | 26051 MERIT CIRCLE, SUITE 103, LAGUNA HILLS CA 92653 |
From GuruFocus
By Business Wire • 06-14-2024
By GuruFocus Research • 05-02-2024
By GuruFocus News • 11-19-2024
By Business Wire • 10-16-2024
By GuruFocus Research • 07-31-2024
By GuruFocus News • 11-14-2024
By Business Wire • 07-10-2024
By Business Wire • 05-28-2024
By GuruFocus News • 11-04-2024
By GuruFocus Research • 08-01-2024
Disclaimers: GuruFocus.com is not operated by a broker or a dealer. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. This investment adviser does not provide advice to individual investors. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes provided by InterActive Data. Fundamental company data provided by Morningstar, updated daily.