Haivision Systems (TSX:HAI) Debt-to-Equity : 0.16 (As of Jan. 2024)

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What is Haivision Systems Debt-to-Equity?

Haivision Systems's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was C$6.4 Mil. Haivision Systems's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was C$7.8 Mil. Haivision Systems's Total Stockholders Equity for the quarter that ended in Jan. 2024 was C$91.7 Mil. Haivision Systems's debt to equity for the quarter that ended in Jan. 2024 was 0.16.

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

TSX:HAI' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.04 Med: 0.2 Max: 0.32
Current: 0.16

During the past 7 years, the highest Debt-to-Equity Ratio of Haivision Systems was 0.32. The lowest was 0.04. And the median was 0.20.

TSX:HAI's Debt-to-Equity is ranked better than
56.34% of 2224 companies
in the Software industry
Industry Median: 0.21 vs TSX:HAI: 0.16

Haivision Systems Debt-to-Equity Historical Data

The historical data trend for Haivision Systems'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.

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Haivision Systems Debt-to-Equity Chart

Haivision Systems Annual Data

Trend

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Debt-to-Equity

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0.04

0.25

0.10

0.28

0.17

Haivision Systems Quarterly Data
	Oct18	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Debt-to-Equity	Get a 7-Day Free Trial															0.32	0.25	0.20	0.17	0.16

Competitive Comparison of Haivision Systems's Debt-to-Equity

For the Software - Infrastructure subindustry, Haivision Systems'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.

Haivision Systems's Debt-to-Equity Distribution in the Software Industry

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

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

Haivision Systems Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Haivision Systems's Debt to Equity Ratio for the fiscal year that ended in Oct. 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
	=	(7.337	+	8.839)	/	94.153
	=	0.17

Haivision Systems's Debt to Equity Ratio for the quarter that ended in Jan. 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
	=	(6.417	+	7.828)	/	91.701
	=	0.16

Haivision Systems (TSX:HAI) 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.

Haivision Systems Debt-to-Equity Related Terms

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Haivision Systems (TSX:HAI) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » Haivision Systems Inc (TSX:HAI) » Definitions » Debt-to-Equity

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HAIVF:USA

Address

2600 Boulevard Alfred Nobel, 5th Floor, Montreal, QC, CAN, H4S 0A9

Website

https://www.haivision.com

Haivision Systems Inc is a provider of infrastructure solutions for the video streaming market, servicing enterprises and governments globally. The organizations use company solutions to communicate, collaborate and educate customers and stakeholders. It delivers high quality, low latency, secure and reliable video through the entire IP video lifecycle, using a broad range of software, hardware, and services. Its geographical segments are Canada, International, and the United States, of which the majority of its revenue comes from the United States.

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