Innoviz Technologies (Innoviz Technologies) Debt-to-Equity : 0.21 (As of Dec. 2023)

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What is Innoviz Technologies Debt-to-Equity?

Innoviz Technologies's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $4.03 Mil. Innoviz Technologies's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $28.48 Mil. Innoviz Technologies's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $153.29 Mil. Innoviz Technologies's debt to equity for the quarter that ended in Dec. 2023 was 0.21.

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

INVZ' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.02 Med: 0.08 Max: 0.21
Current: 0.21

During the past 6 years, the highest Debt-to-Equity Ratio of Innoviz Technologies was 0.21. The lowest was -0.02. And the median was 0.08.

INVZ's Debt-to-Equity is ranked better than
72.13% of 1177 companies
in the Vehicles & Parts industry
Industry Median: 0.48 vs INVZ: 0.21

Innoviz Technologies Debt-to-Equity Historical Data

The historical data trend for Innoviz 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.

Innoviz Technologies Debt-to-Equity Chart

Innoviz Technologies Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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-0.02

-0.01

0.18

0.21

Innoviz Technologies Quarterly Data
	Dec18	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial													0.18	0.21	0.25	0.18	0.21

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

For the Auto Parts subindustry, Innoviz 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.

Innoviz Technologies's Debt-to-Equity Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Innoviz Technologies's Debt-to-Equity distribution charts can be found below:

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

Innoviz Technologies Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Innoviz 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
	=	(4.034	+	28.475)	/	153.289
	=	0.21

Innoviz Technologies's Debt to Equity Ratio for the quarter 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
	=	(4.034	+	28.475)	/	153.289
	=	0.21

Innoviz Technologies (NAS:INVZ) 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.

Innoviz Technologies Debt-to-Equity Related Terms

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Innoviz Technologies (Innoviz Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Innoviz Technologies Ltd (NAS:INVZ) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

5 Uri Ariav street, Building C, Nitzba 300, Rosh HaAin, ISR, 4809202

Website

https://www.innoviz.tech

Innoviz Technologies Ltd is a provider of solid-state LiDAR and perception solutions that feature technological breakthroughs across core components and bring enhanced vision and superior performance to enable safe autonomous driving at a mass scale. The company provides a complete and comprehensive solution for OEMs and Tier-1 partners that are developing and marketing autonomous driving vehicles to the passenger car and other relevant markets, such as robotaxis, shuttles, delivery vehicles, buses and trucks, and other industries that require 3-dimensional high resolution sensors. Company's solutions can enable safe autonomy for industries like logistics, drones, robotics, construction and other industrial applications, agriculture, smart city, smart infrastructures, security and mapping.