GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Indie Semiconductor Inc (NAS:INDI) » Definitions » Debt-to-Equity

Indie Semiconductor (Indie Semiconductor) Debt-to-Equity : 0.39 (As of Dec. 2023)


View and export this data going back to 2021. Start your Free Trial

What is Indie Semiconductor Debt-to-Equity?

Indie Semiconductor's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $6.8 Mil. Indie Semiconductor's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $167.6 Mil. Indie Semiconductor's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $446.1 Mil. Indie Semiconductor's debt to equity for the quarter that ended in Dec. 2023 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 Indie Semiconductor's Debt-to-Equity or its related term are showing as below:

INDI' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.19   Med: 0.21   Max: 0.59
Current: 0.39

During the past 4 years, the highest Debt-to-Equity Ratio of Indie Semiconductor was 0.59. The lowest was -0.19. And the median was 0.21.

INDI's Debt-to-Equity is ranked worse than
61.16% of 878 companies
in the Semiconductors industry
Industry Median: 0.27 vs INDI: 0.39

Indie Semiconductor Debt-to-Equity Historical Data

The historical data trend for Indie Semiconductor'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.

Indie Semiconductor Debt-to-Equity Chart

Indie Semiconductor Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
-0.19 0.03 0.59 0.39

Indie Semiconductor Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.59 0.48 0.45 0.42 0.39

Competitive Comparison of Indie Semiconductor's Debt-to-Equity

For the Semiconductor Equipment & Materials subindustry, Indie Semiconductor'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.


Indie Semiconductor's Debt-to-Equity Distribution in the Semiconductors Industry

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

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



Indie Semiconductor Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Indie Semiconductor's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Indie Semiconductor'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.


Indie Semiconductor  (NAS:INDI) 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.


Indie Semiconductor Debt-to-Equity Related Terms

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


Indie Semiconductor (Indie Semiconductor) Business Description

Traded in Other Exchanges
Address
32 Journey, Aliso Viejo, CA, USA, 92656
Indie Semiconductor Inc is empowering the Autotech revolution with next-generation automotive semiconductors and software platforms. It focuses on edge sensors for Advanced Driver Assistance Systems including LiDAR, connected car, user experience, and electrification applications. These technologies represent the core underpinnings of both electric and autonomous vehicles, while the advanced user interfaces transform the in-cabin experience to mirror and seamlessly connect to the mobile platforms.
Executives
Thomas Schiller officer: CFO and EVP of Strategy C/O INDIE SEMICONDUCTOR, 32 JOURNEY, ALISO VIEJO CA 92656
Bal Kanwardev Raja Singh officer: SVP Chief Accounting Officer C/O INDIE SEMICONDUCTOR, INC., 32 JOURNEY, ALISO VIEJO CA 92656
Donald Mcclymont director, officer: Chief Executive Officer C/O INDIE SEMICONDUCTOR, 32 JOURNEY, ALISO VIEJO CA 92656
Sonalee Elizabeth Parekh director 767 FIFTH AVENUE, NEW YORK NY 10153
Ichiro Aoki director, officer: President C/O INDIE SEMICONDUCTOR, 32 JOURNEY, ALISO VIEJO CA 92656
Diane W. Biagianti director C/O GLAUKOS CORPORATION, 229 AVENIDA FABRICANTE, SAN CLEMENTE CA 92672
Steven Machuga officer: Chief Operating Officer C/O INDIE SEMICONDUCTOR, 32 JOURNEY, ALISO VIEJO CA 92656
Scott David Kee officer: Chief Technology Officer C/O INDIE SEMICONDUCTOR, 32 JOURNEY, ALISO VIEJO CA 92656
Ellen S Bancroft officer: General Counsel & Secretary C/O INDIE SEMICONDUCTOR, 32 JOURNEY, ALISO VIEJO CA 92656
Peter J Kight director 4411 EAST JONES BRIDGE ROAD, NORCROSS GA 30092
David J Aldrich director 20 SYLVAN ROAD, WOBURN MA 01801
Jeffrey J Owens director 5725 DELPHI DRIVE, TROY MI 48098
Karl-thomas Neumann director C/O AEYE TECHNOLOGIES, INC., 1 PARK PLACE, SUITE 200, DUBLIN CA 94568
Diane D Brink director C/O BELDEN INC., 1 N. BRENTWOOD BLVD., 15TH FLOOR, SAINT LOUIS MO 63105
William Woodward director ANTHEM VENTURE PARTNERS, 225 ARIZONA AVENUE, SUITE 200, SANTA MONICA CA 90401