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Vecima Networks (TSX:VCM) Debt-to-Equity : 0.24 (As of Dec. 2024)


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What is Vecima Networks Debt-to-Equity?

Vecima Networks's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was C$39.5 Mil. Vecima Networks's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was C$15.2 Mil. Vecima Networks's Total Stockholders Equity for the quarter that ended in Dec. 2024 was C$232.7 Mil. Vecima Networks's debt to equity for the quarter that ended in Dec. 2024 was 0.24.

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

TSX:VCM' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01   Med: 0.03   Max: 0.43
Current: 0.24

During the past 13 years, the highest Debt-to-Equity Ratio of Vecima Networks was 0.43. The lowest was 0.01. And the median was 0.03.

TSX:VCM's Debt-to-Equity is ranked better than
53.77% of 2174 companies
in the Hardware industry
Industry Median: 0.28 vs TSX:VCM: 0.24

Vecima Networks Debt-to-Equity Historical Data

The historical data trend for Vecima Networks'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.

Vecima Networks Debt-to-Equity Chart

Vecima Networks Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.04 0.03 0.09 0.17 0.30

Vecima Networks 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 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 N/A 0.43 0.30 0.23 0.24

Competitive Comparison of Vecima Networks's Debt-to-Equity

For the Communication Equipment subindustry, Vecima Networks'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.


Vecima Networks's Debt-to-Equity Distribution in the Hardware Industry

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

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


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Vecima Networks Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Vecima Networks's Debt to Equity Ratio for the fiscal year that ended in Jun. 2024 is calculated as

Vecima Networks's Debt to Equity Ratio for the quarter that ended in Dec. 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.


Vecima Networks  (TSX:VCM) 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.


Vecima Networks Debt-to-Equity Related Terms

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


Vecima Networks Business Description

Traded in Other Exchanges
Address
771 Vanalman Avenue, Victoria, BC, CAN, V8Z 3B8
Vecima Networks Inc is engaged in Video and Broadband Solutions business designs, manufactures and sells products for the cable industry. The Company's Content Delivery and Storage business includes solutions and software for industries and customers that focus on storing, protecting, transforming, and delivering high-value media assets. The Company's Telematics business provides fleet managers key information and analytics require to optimally manage business.
Executives
Sumit Kumar Deemed Insider - 6 Months before becoming Insider, Director, Director or Senior Officer of 10% Security Holder, Senior Officer
Surinder Ghai Kumar 10% Security Holder, Director
Saket Kumar Deemed Insider - 6 Months before becoming Insider, Director or Senior Officer of 10% Security Holder, Senior Officer
684739 B.c. Ltd. 10% Security Holder
David Whitborne Rowat Director
Richard Dean Rockwell Senior Officer
Scott Blair Edmonds Director
Clay Mccreery Senior Officer
Danial Faizullabhoy Director
Ryan Nicometo Senior Officer
Peter Torn Senior Officer
Derek Jason Elder Director
Dwayne Albert Vinck Senior Officer
Nico Civelli Director
Yisrael Dov Meyer Senior Officer

Vecima Networks Headlines

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