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Plexus (Plexus) Debt-to-Equity : 0.38 (As of Dec. 2023)


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What is Plexus Debt-to-Equity?

Plexus's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $251 Mil. Plexus's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $228 Mil. Plexus's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $1,267 Mil. Plexus's debt to equity for the quarter that ended in Dec. 2023 was 0.38.

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

PLXS' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.21   Med: 0.33   Max: 0.48
Current: 0.38

During the past 13 years, the highest Debt-to-Equity Ratio of Plexus was 0.48. The lowest was 0.21. And the median was 0.33.

PLXS's Debt-to-Equity is ranked worse than
57.75% of 2194 companies
in the Hardware industry
Industry Median: 0.28 vs PLXS: 0.38

Plexus Debt-to-Equity Historical Data

The historical data trend for Plexus'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.

Plexus Debt-to-Equity Chart

Plexus Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.33 0.38 0.28 0.45 0.39

Plexus 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 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 0.44 0.45 0.39 0.38 0.38

Competitive Comparison of Plexus's Debt-to-Equity

For the Electronic Components subindustry, Plexus'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.


Plexus's Debt-to-Equity Distribution in the Hardware Industry

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

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



Plexus Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Plexus's Debt to Equity Ratio for the quarter that ended in Dec. 2023 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.


Plexus  (NAS:PLXS) 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.


Plexus Debt-to-Equity Related Terms

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


Plexus (Plexus) Business Description

Traded in Other Exchanges
Address
One Plexus Way, P.O. Box 156, Neenah, WI, USA, 54957
Plexus Corp is a U.S based Electronic Manufacturing Services company that provides a range of services, from conceptualization and design to fulfilling orders and providing sustaining solutions, such as replenishment and refurbishment. The company's segments comprise AMER, APAC,ge and EMEA.
Executives
Todd P. Kelsey officer: Sr VP Global Customer Services 55 JEWELERS PARK DRIVE, NEENAH WI 54956
Frank Zycinski officer: Regional President - EMEA ONE PLEXUS WAY, NEENAH WI 54956
Ronnie Darroch officer: Regional President-Plexus EMEA ONE PLEXUS WAY, NEENAH X1 54956
Jennifer Wuamett director 6501 WILLIAM CANNON DRIVE WEST, AUSTIN TX 78735
Ninivaggi Angelo Michael Jr officer: Vice Pres., General Counsel 55 JEWELERS PARK DRIVE, NEENAH WI 54956
Patrick John Jermain officer: Vice President & CFO ONE PLEXUS WAY, NEENAH WI 54956
Oliver K. Mihm officer: Sr VP-Global Engineering Servs ONE PLEXUS WAY, NEENAH X1 54956
Steven J. Frisch officer: Sr VP Global Eng Services 55 JEWELERS PARK DRIVE, NEENAH WI 54956
Tan Victor (pang Hau) officer: Regional President - APAC ONE PLEXUS WAY, NEENAH WI 54956
Scott Theune officer: Regional President - AMER ONE PLEXUS WAY, NEENAH WI 54956
J Joel Quadracci director QUAD/GRAPHICS, INC., N61 W23044 HARRY'S WAY, SUSSEX WI 53089
Randy J Martinez director HLH BUILDING, 101 WORLD DRIVE, PEACHTREE CITY GA 30269
Michael V Schrock director 5500 WAYZATA BLVD., SUITE 800, GOLDEN VALLEY MN 55416
Dean A Foate director, officer: President and CEO
Stephen P Cortinovis director C/O INSITUFORM TECHNOLOGIES, INC., 17988 EDISON AVENUE, CHESTERFIELD MO 63005

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