SMSI (Smith Micro Software) Debt-to-Equity : 0.06 (As of Dec. 2024)

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What is Smith Micro Software Debt-to-Equity?

Smith Micro Software's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was $1.28 Mil. Smith Micro Software's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was $1.29 Mil. Smith Micro Software's Total Stockholders Equity for the quarter that ended in Dec. 2024 was $40.76 Mil. Smith Micro Software's debt to equity for the quarter that ended in Dec. 2024 was 0.06.

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 Smith Micro Software's Debt-to-Equity or its related term are showing as below:

SMSI' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.04 Med: 0.13 Max: 0.85
Current: 0.06

During the past 13 years, the highest Debt-to-Equity Ratio of Smith Micro Software was 0.85. The lowest was 0.04. And the median was 0.13.

SMSI's Debt-to-Equity is ranked better than
75.01% of 2201 companies
in the Software industry
Industry Median: 0.2 vs SMSI: 0.06

Smith Micro Software Debt-to-Equity Historical Data

The historical data trend for Smith Micro Software'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.

Smith Micro Software Debt-to-Equity Chart

Smith Micro Software Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Debt-to-Equity

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0.11

0.06

0.18

0.04

0.06

Smith Micro Software Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Debt-to-Equity	Get a 7-Day Free Trial															0.04	0.08	0.08	0.08	0.06

Competitive Comparison of Smith Micro Software's Debt-to-Equity

For the Software - Application subindustry, Smith Micro Software'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.

Smith Micro Software's Debt-to-Equity Distribution in the Software Industry

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

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

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Smith Micro Software Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Smith Micro Software's Debt to Equity Ratio for the fiscal year that ended in Dec. 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
	=	(1.279	+	1.287)	/	40.756
	=	0.06

Smith Micro Software's Debt to Equity Ratio for the quarter that ended in Dec. 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
	=	(1.279	+	1.287)	/	40.756
	=	0.06

Smith Micro Software (NAS:SMSI) 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.

Smith Micro Software Debt-to-Equity Related Terms

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

Smith Micro Software Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Smith Micro Software Inc (NAS:SMSI) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

5800 Corporate Drive, Pittsburgh, PA, USA, 15237

Website

https://www.smithmicro.com

Smith Micro Software Inc is a provider of software solutions. It develops and markets wireless solutions for wireless service providers, mobile device and chipset manufacturers, and enterprise businesses. Its portfolio includes family safety software solutions to support families in the digital age and creating, sharing, and monetizing rich content, such as visual voice messaging, retail content display optimization and performance analytics on any product set. The company's only reportable segment is Wireless. Wireless segment includes the Family Safety (which includes SafePath), CommSuite, and ViewSpot families of products.

Executives

Thomas G Campbell	director
James M Kempton	officer: VP, CFO and Treasurer	100 AIRSIDE DR, MOON TOWNSHIP PA 15108
Smith William W Jr	director, 10 percent owner, officer: President & CEO	51 COLUMBIA, ALISOVIEJO CA 92656
Chetan Sharma	director	5800 CORPORATE DR. 5TH FLOOR, PITTSBURGH PA 15237
Asha Keddy	director	5800 CORPORATE DR., 5TH FLOOR, PITTSBURGH PA 15237
Andrew Arno	director	C/O MERRIMAN CURHAN FORD GROUP, INC., 600 CALIFORNIA STREET, 9TH FLOOR, SAN FRANCISCO CA 94108
Gregory J Szabo	director	51 COLUMBIA, SUITE 200, ALISO VIEJO CA 92656
Smauel Gulko	director	51 COLUMBIA, SUITE 200, ALISO VIEJO CA 92656
Michael K. Fox	officer: Interim CFO	5800 CORPORATE DR., 5TH FLOOR, PITTSBURGH PA 15237
Timothy C. Huffmyer	officer: Chief Financial Officer	1000 PARK DRIVE, LAWRENCE PA 15055
Steven Yasbek	officer: Chief Accounting Officer	51 COLUMBIA, ALISO VIEJO CA 92656
Steven Lawrence Elfman	director	51 COLUMBIA, ALISO VIEJO CA 92656
Christopher G Lippincott	other: VP - Internet & Direct Sales	51 COLUMBIA, SUITE 200, ALISO VIEJO CA 92656
Andrew C Schmidt	officer: Chief Financial Officer	1700 CARNEGIE AVE, SUITE 100, SANTA ANA CA 92705
Daniel Rawlings	officer: Chief Revenue Officer	51 COLUMBIA, ALISO VIEJO CA 92656