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Inseego (Inseego) Debt-to-Equity : -1.67 (As of Dec. 2023)


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What is Inseego Debt-to-Equity?

Inseego's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $5.8 Mil. Inseego's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $165.0 Mil. Inseego's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $-102.1 Mil. Inseego's debt to equity for the quarter that ended in Dec. 2023 was -1.67.

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

INSG' s Debt-to-Equity Range Over the Past 10 Years
Min: -6.44   Med: -3.36   Max: 2.82
Current: -1.67

During the past 13 years, the highest Debt-to-Equity Ratio of Inseego was 2.82. The lowest was -6.44. And the median was -3.36.

INSG's Debt-to-Equity is not ranked
in the Hardware industry.
Industry Median: 0.28 vs INSG: -1.67

Inseego Debt-to-Equity Historical Data

The historical data trend for Inseego'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.

Inseego Debt-to-Equity Chart

Inseego Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -4.00 -6.00 -6.44 -2.48 -1.67

Inseego 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 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 -2.48 -2.26 -2.31 -1.78 -1.67

Competitive Comparison of Inseego's Debt-to-Equity

For the Communication Equipment subindustry, Inseego'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.


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

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

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



Inseego Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Inseego's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Inseego's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

* 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.


Inseego  (NAS:INSG) 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.


Inseego Debt-to-Equity Related Terms

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


Inseego (Inseego) Business Description

Traded in Other Exchanges
Address
9710 Scranton Road, Suite 200, Suite 200, CA, USA, 92121
Inseego Corp is into the design and development of fixed and mobile wireless solutions (advanced 4G and 5G NR), Industrial Internet of Things and cloud solutions for enterprises, service providers, small and medium-sized businesses, governments, and consumers around the globe. The product portfolio consists of fixed and mobile device-to-cloud solutions that provide secure end-to-end IoT services with deep business intelligence. The Company's products and services include intelligent mobile hotspots, wireless routers for IoT applications, USB modems, integrated telematics and mobile tracking hardware devices, which are supported by applications software and cloud services designed to enable customers to easily analyze data insights and configure and manage their hardware.
Executives
Tavistock Financial, Llc 10 percent owner 9350 CONROY WINDERMERE ROAD, WINDERMERE FL 34786
Joseph Lewis 10 percent owner PO BOX N7776, LYFORD BAHAMAS
Philip G Brace director LSI LOGIC CORP, 1621 BARBER LANE, MILPITAS CA 95035
Steven Gatoff officer: Chief Financial Officer C/O INSEEGO CORP, 9710 SCRANTON ROAD, SUITE 200, SAN DIEGO CA 92121
Dan Mondor officer: President and CEO 4375 RIVER GREEN PARKWAY, SUITE 100, DULUTH GA 30096
Ashish Sharma officer: President IoT & Mobile 9710 SCRANTON ROAD, SUITE 200, SAN DIEGO CA 92121
Christopher H. Lytle director 9710 SCRANTON ROAD, SUITE 200, SAN DIEGO CA 92121
Robert G Barbieri officer: Chief Financial Officer 380 ST. PETER STREET, ST. PAUL MN 55102
Stephanie Lynne Bowers director 9710 SCRANTON ROAD, SUITE 200, SAN DIEGO CA 92121
Doug Kahn officer: EVP of Operations 9710 SCRANTON ROAD, SUITE 200, SAN DIEGO CA 92121
Wei Ding officer: VP Accounting, Controller 9710 SCRANTON ROAD, SUITE 200, SAN DIEGO CA 92121
Craig L Foster officer: Chief Financial Officer 2580 ORCHARD PARKWAY, SAN JOSE CA 95131
Braslyn Ltd. 10 percent owner CAY HOUSE, EP TAYLOR DRIVE N7776, LYFORD CAY, NEW PROVIDENCE C5 00000
Brian Miller director, 10 percent owner 115 EAST PUTNAM AVENUE, GREENWICH CT 06830
Stephen M Smith officer: Chief Financial Officer