Faro Technologies (FRA:FT1) Debt-to-Equity : 0.34 (As of Mar. 2024)

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What is Faro Technologies Debt-to-Equity?

Faro Technologies's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €4.7 Mil. Faro Technologies's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €76.0 Mil. Faro Technologies's Total Stockholders Equity for the quarter that ended in Mar. 2024 was €241.0 Mil. Faro Technologies's debt to equity for the quarter that ended in Mar. 2024 was 0.33.

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

FRA:FT1' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.05 Med: 0.07 Max: 0.35
Current: 0.34

During the past 13 years, the highest Debt-to-Equity Ratio of Faro Technologies was 0.35. The lowest was 0.05. And the median was 0.07.

FRA:FT1's Debt-to-Equity is ranked worse than
54.11% of 2190 companies
in the Hardware industry
Industry Median: 0.29 vs FRA:FT1: 0.34

Faro Technologies Debt-to-Equity Historical Data

The historical data trend for Faro 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.

* Premium members only.

Faro Technologies Debt-to-Equity Chart

Faro Technologies Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.06

0.08

0.07

0.33

Faro Technologies 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															0.31	0.33	0.35	0.33	0.34

Competitive Comparison of Faro Technologies's Debt-to-Equity

For the Scientific & Technical Instruments subindustry, Faro 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.

Faro Technologies's Debt-to-Equity Distribution in the Hardware Industry

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

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

Faro Technologies Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Faro Technologies'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
	=	(4.983	+	76.658)	/	246.312
	=	0.33

Faro Technologies'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
	=	(4.698	+	75.957)	/	241.022
	=	0.33

Faro Technologies (FRA:FT1) 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.

Faro Technologies Debt-to-Equity Related Terms

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

Faro Technologies (FRA:FT1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Faro Technologies Inc (FRA:FT1) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

FARO:USA

Address

250 Technology Park, Lake Mary, FL, USA, 32746

Website

https://www.faro.com

Faro Technologies Inc is a global technology company. It designs, develops, manufactures, markets and supports software-driven, three-dimensional (3-D) measurement, imaging, and realization solutions for the 3D metrology, architecture, engineering and construction (AEC), Operations and Maintenance (O&M) and public safety analytics markets. The company enables its customers to capture, measure, manipulate, interact with and share 3D and 2D data from the physical world in a virtual environment and then translate the information back into the physical domain. FARO suite of 3D products and software solutions are used for the inspection of components and assemblies, rapid prototyping, reverse engineering, documenting large volumes or structures in 3D, surveying, and construction.

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