Roku (STU:R35) Debt-to-Equity : 0.27 (As of Mar. 2024)

View and export this data going back to 2017. Start your Free Trial

What is Roku Debt-to-Equity?

Roku's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €65 Mil. Roku's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €523 Mil. Roku's Total Stockholders Equity for the quarter that ended in Mar. 2024 was €2,167 Mil. Roku's debt to equity for the quarter that ended in Mar. 2024 was 0.27.

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

STU:R35' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.09 Med: 0.27 Max: 0.6
Current: 0.28

During the past 9 years, the highest Debt-to-Equity Ratio of Roku was 0.60. The lowest was -0.09. And the median was 0.27.

STU:R35's Debt-to-Equity is ranked better than
50.77% of 847 companies
in the Media - Diversified industry
Industry Median: 0.28 vs STU:R35: 0.28

Roku Debt-to-Equity Historical Data

The historical data trend for Roku'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.

Roku Debt-to-Equity Chart

Roku Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.60

0.33

0.19

0.27

0.28

Roku Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															0.25	0.26	0.29	0.28	0.27

Competitive Comparison of Roku's Debt-to-Equity

For the Entertainment subindustry, Roku'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.

Roku's Debt-to-Equity Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Roku's Debt-to-Equity distribution charts can be found below:

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

Roku Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Roku'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
	=	(62.447	+	537.522)	/	2133.247
	=	0.28

Roku's Debt to Equity Ratio for the quarter that ended in Mar. 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
	=	(65.39	+	523.137)	/	2167.363
	=	0.27

Roku (STU:R35) 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.

Roku Debt-to-Equity Related Terms

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

Roku (STU:R35) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Roku Inc (STU:R35) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

ROKU:USA ROKU:Mexico 1ROKU:Italy R35:Germany R1KU34:Brazil

Address

1155 Coleman Avenue, San Jose, CA, USA, 95110

Website

https://www.roku.com

Roku is the leading streaming platform in the U.S. by hours watched with 87.4 billion hours of content streamed in 2022. The firm's namesake operating system is used not only in Roku's own hardware but in cobranded TVs and soundbars from manufacturers like TCL, Onn, and Hisense. Roku generates revenue from advertising, distribution fees, hardware sales, OS licensing, and subscription sales.

Roku (STU:R35) Headlines

No Headlines