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Photronics (Photronics) Debt-to-Equity : 0.02 (As of Jan. 2024)


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What is Photronics Debt-to-Equity?

Photronics's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was $20.8 Mil. Photronics's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was $2.7 Mil. Photronics's Total Stockholders Equity for the quarter that ended in Jan. 2024 was $1,023.0 Mil. Photronics's debt to equity for the quarter that ended in Jan. 2024 was 0.02.

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

PLAB' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02   Med: 0.09   Max: 0.28
Current: 0.02

During the past 13 years, the highest Debt-to-Equity Ratio of Photronics was 0.28. The lowest was 0.02. And the median was 0.09.

PLAB's Debt-to-Equity is ranked better than
90.48% of 882 companies
in the Semiconductors industry
Industry Median: 0.26 vs PLAB: 0.02

Photronics Debt-to-Equity Historical Data

The historical data trend for Photronics'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.

Photronics Debt-to-Equity Chart

Photronics Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.07 0.09 0.14 0.05 0.03

Photronics Quarterly Data
Apr19 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 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 0.04 0.03 0.03 0.03 0.02

Competitive Comparison of Photronics's Debt-to-Equity

For the Semiconductor Equipment & Materials subindustry, Photronics'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.


Photronics's Debt-to-Equity Distribution in the Semiconductors Industry

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

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



Photronics Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Photronics's Debt to Equity Ratio for the fiscal year that ended in Oct. 2023 is calculated as

Photronics's Debt to Equity Ratio for the quarter that ended in Jan. 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.


Photronics  (NAS:PLAB) 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.


Photronics Debt-to-Equity Related Terms

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


Photronics (Photronics) Business Description

Traded in Other Exchanges
Address
15 Secor Road, Brookfield, CT, USA, 06804
Photronics Inc is a U.S.-based company that is principally engaged in manufacturing photomasks. The photomasks are photographic quartz plates that contain microscopic images of electronic circuits that are used as a component in the manufacture of integrated circuits and flat-panel displays. The revenue from products designed for integrated circuits production accounts for the majority of total revenue, with the rest derived from products for flat-panel display production. The company's assets are located in Taiwan, Korea, and the United States. It generates revenue worldwide, including in the United States, Europe, Taiwan, Korea, China, and elsewhere in Asia, with Taiwan contributing the majority of total revenue.
Executives
Mitchell G Tyson director 15 SECOR ROAD, BROOKFIELD CT 06804
Adam M Lewis director 15 SECOR ROAD, BROOKFIELD CT 06804
Christopher J Progler officer: VP,Chief Technology Officer 15 SECOR ROAD, BROOKFIELD CT 06804
Peter S Kirlin officer: Senior VP, U.S. & Europe 15 SECOR ROAD, BROOKFIELD CT 06804
Richelle E Burr officer: VP, General Counsel & Secy 15 SECOR RD, BROOKFIELD CT 06804
Kang Jyh Lee officer: President, Asia IC Photomask 15 SECOR ROAD, BROOKFIELD CT 06804
John P Jordan officer: SVP & Chief Financial Officer 600 EAST GREENWICH AVENUE, WEST WARWICK RI 02893
Daniel Jl Liao director 2045 EAST INNOVATION CIRCLE, TEMPE AZ 85284
Fiorita Joseph A Jr director 15 SECOR ROAD, BROOKFIELD CT 06804
Walter M Fiederowicz director 15 SECOR ROAD, BROOKFIELD CT 06804
Mary Paladino director 15 SECOR ROAD, BROOKFIELD CT 06804
George Macricostas director 15 SECOR ROAD, PO BOX 5226, BROOKFIELD CT 06804
Macricostas Constantine S director 15 SECOR ROAD, P.O. BOX 5226, BROOKFIELD CT 06804
Sean T Smith officer: VP and Chief Financial Officer 15 SECOR ROAD, PO BOX 5226, BROOKFIELD CT 06804
Liang Choo Hsia director 15 SECOR RD., BROOKFIELD CT 06804