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Filtronic (LSE:FTC) Debt-to-Equity : 0.12 (As of Nov. 2024)


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What is Filtronic Debt-to-Equity?

Filtronic's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2024 was £0.73 Mil. Filtronic's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2024 was £2.21 Mil. Filtronic's Total Stockholders Equity for the quarter that ended in Nov. 2024 was £24.46 Mil. Filtronic's debt to equity for the quarter that ended in Nov. 2024 was 0.12.

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

LSE:FTC' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01   Med: 0.17   Max: 0.4
Current: 0.12

During the past 13 years, the highest Debt-to-Equity Ratio of Filtronic was 0.40. The lowest was 0.01. And the median was 0.17.

LSE:FTC's Debt-to-Equity is ranked better than
69.35% of 2173 companies
in the Hardware industry
Industry Median: 0.28 vs LSE:FTC: 0.12

Filtronic Debt-to-Equity Historical Data

The historical data trend for Filtronic'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.

Filtronic Debt-to-Equity Chart

Filtronic Annual Data
Trend May15 May16 May17 May18 May19 May20 May21 May22 May23 May24
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.31 0.23 0.17 0.20 0.20

Filtronic Semi-Annual Data
May15 Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24 Nov24
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 0.18 0.20 0.26 0.20 0.12

Competitive Comparison of Filtronic's Debt-to-Equity

For the Communication Equipment subindustry, Filtronic'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.


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

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

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


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Filtronic Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Filtronic's Debt to Equity Ratio for the fiscal year that ended in May. 2024 is calculated as

Filtronic's Debt to Equity Ratio for the quarter that ended in Nov. 2024 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.


Filtronic  (LSE:FTC) 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.


Filtronic Debt-to-Equity Related Terms

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


Filtronic Business Description

Traded in Other Exchanges
Address
Thomas Wright Way, Plexus 1, NETPark, Sedgefield, Durham, GBR, TS21 3FD
Filtronic PLC designs and manufactures a broad range of customized RF, microwave, and millimeter-wave components and subsystems. Its products are used in mobile wireless communication equipment, point-to-point communication systems, and adjacent defense sectors. Its customer base includes international original equipment manufacturers as well as a wide range of mobile phone network operators. It has operations in the United Kingdom, Europe, Americas, and the Rest of the world.