ZTNO (Zoom Technologies) Debt-to-Equity: 0.39 (As of Mar. 2014)

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What is Zoom Technologies Debt-to-Equity?

Zoom Technologies ZTNO Debt-to-Equity is 0.39 as of Mar. 2014.

Zoom Technologies's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2014 was $3.47 Mil. Zoom Technologies's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2014 was $1.25 Mil. Zoom Technologies's Total Stockholders Equity for the quarter that ended in Mar. 2014 was $12.01 Mil. Zoom Technologies's debt to equity for the quarter that ended in Mar. 2014 was 0.39.

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

ZTNO's Debt-to-Equity is not ranked *
in the Hardware industry.
Industry Median: 0.28
* Ranked among companies with meaningful Debt-to-Equity only.

Zoom Technologies  (OTCPK:ZTNO) 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.

Zoom Technologies Debt-to-Equity Related Terms

Zoom Technologies Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Zoom Technologies'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.

Zoom Technologies Debt-to-Equity Chart

Zoom Technologies Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.86 0.82 0.02 0.07 0.40

Zoom Technologies Quarterly Data
Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14
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 0.11 0.11 0.01 0.40 0.39

ZTNO vs OSAT, GTXO, DGDM: Debt-to-Equity Comparison

For the Communication Equipment subindustry, Zoom Technologies'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.

Zoom Technologies Debt-to-Equity vs Hardware Industry

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

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


Zoom Technologies Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Zoom Technologies's Debt to Equity Ratio for the fiscal year that ended in Dec. 2013 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
=(3.51 + 1.352) / 12.281
=0.40

Zoom Technologies's Debt to Equity Ratio for the quarter that ended in Mar. 2014 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
=(3.465 + 1.248) / 12.014
=0.39

* 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 0.39 mean?
Zoom Technologies (ZTNO) has a Debt-to-Equity of 0.39 as of Mar. 2014. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Zoom Technologies and its competitors.
Is Zoom Technologies' Debt-to-Equity too high?
Zoom Technologies' current Debt-to-Equity is 0.39. The Hardware industry median Debt-to-Equity is 0.28. Zoom Technologies' value of 0.39 is 39.3% above this industry median.
How does Zoom Technologies' Debt-to-Equity compare to OSAT and GTXO?
Zoom Technologies' Debt-to-Equity of 0.39 can be compared against companies in the Hardware industry. The industry median Debt-to-Equity is 0.28. Zoom Technologies' value of 0.39 is 39.3% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Hardware company?
The median Debt-to-Equity among Hardware companies is 0.28, based on 2,236 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Zoom Technologies's current Debt-to-Equity of 0.39 is 39.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Zoom Technologies and its competitors. For the Hardware industry, the median Debt-to-Equity is 0.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zoom Technologies's current Debt-to-Equity is 0.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zoom Technologies stock overvalued right now?
Zoom Technologies (ZTNO) has a current Debt-to-Equity of 0.39. The current Debt-to-Equity is 0.39 and 39.3% above the Hardware industry median of 0.28. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Zoom Technologies (ZTNO), the current Debt-to-Equity is 0.39 as of Mar. 2014. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Zoom Technologies Business Description

Address Sanlitun SOHO, Building A, 11th Floor, No. 8 Worker Stadium North Road, Chaoyang District, Beijing, CHN, 10027
Zoom Technologies Inc designs, produces, markets, sales and supports broadband and dial-up modems, Voice over Internet Protocol or VoIP products and services, Bluetooth wireless products, and other communication-related products. It is engaged in mobile platform video game development, manufacturing, research and development, and sales of electronic components for third generation mobile phones, wireless communication circuitry, GPS equipment, and related software products.