Elma Electronic AG (XSWX:ELMN) Debt-to-Equity : 0.43 (As of Dec. 2023)

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What is Elma Electronic AG Debt-to-Equity?

Elma Electronic AG's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was CHF4.5 Mil. Elma Electronic AG's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was CHF18.5 Mil. Elma Electronic AG's Total Stockholders Equity for the quarter that ended in Dec. 2023 was CHF53.9 Mil. Elma Electronic AG's debt to equity for the quarter that ended in Dec. 2023 was 0.43.

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 Elma Electronic AG's Debt-to-Equity or its related term are showing as below:

XSWX:ELMN' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.36 Med: 0.73 Max: 1.01
Current: 0.43

During the past 13 years, the highest Debt-to-Equity Ratio of Elma Electronic AG was 1.01. The lowest was 0.36. And the median was 0.73.

XSWX:ELMN's Debt-to-Equity is ranked worse than
62.32% of 2195 companies
in the Hardware industry
Industry Median: 0.28 vs XSWX:ELMN: 0.43

Elma Electronic AG Debt-to-Equity Historical Data

The historical data trend for Elma Electronic AG'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.

Elma Electronic AG Debt-to-Equity Chart

Elma Electronic AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.78

0.65

0.41

0.36

0.43

Elma Electronic AG Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.41	0.37	0.36	0.46	0.43

Competitive Comparison of Elma Electronic AG's Debt-to-Equity

For the Computer Hardware subindustry, Elma Electronic AG'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.

Elma Electronic AG's Debt-to-Equity Distribution in the Hardware Industry

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

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

Elma Electronic AG Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Elma Electronic AG'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
	=	(4.45	+	18.5)	/	53.914
	=	0.43

Elma Electronic AG's Debt to Equity Ratio for the quarter 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
	=	(4.45	+	18.5)	/	53.914
	=	0.43

Elma Electronic AG (XSWX:ELMN) 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.

Elma Electronic AG Debt-to-Equity Related Terms

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Elma Electronic AG (XSWX:ELMN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Elma Electronic AG (XSWX:ELMN) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Hofstrasse 93, Wetzikon, CHE, 8620

Website

http://www.elma.com

Elma Electronic AG is a Switzerland-based company. It acts as a manufacturer of electronic packaging products for the embedded systems market from components, backplanes, storage boards and chassis platforms to fully integrated systems. The product line of the company includes embedded boards such as mass storage, ethernet and PCIe switches, architecture solutions, embedded computing systems, system accessories, and rack level services. It also offers engineering services, contract manufacturing, system integration, customization and other services.

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