Kornit Digital (Kornit Digital) Debt-to-Equity : 0.03 (As of Dec. 2023)

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What is Kornit Digital Debt-to-Equity?

Kornit Digital's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $5.1 Mil. Kornit Digital's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $18.5 Mil. Kornit Digital's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $795.7 Mil. Kornit Digital's debt to equity for the quarter that ended in Dec. 2023 was 0.03.

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

KRNT' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03 Med: 0.03 Max: 0.07
Current: 0.03

During the past 12 years, the highest Debt-to-Equity Ratio of Kornit Digital was 0.07. The lowest was 0.03. And the median was 0.03.

KRNT's Debt-to-Equity is ranked better than
89.93% of 2621 companies
in the Industrial Products industry
Industry Median: 0.29 vs KRNT: 0.03

Kornit Digital Debt-to-Equity Historical Data

The historical data trend for Kornit Digital'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.

Kornit Digital Debt-to-Equity Chart

Kornit Digital Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.07

0.04

0.03

Kornit Digital Quarterly Data
	Mar19	Jun19	Sep19	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															0.03	0.04	0.03	0.03	0.03

Competitive Comparison of Kornit Digital's Debt-to-Equity

For the Specialty Industrial Machinery subindustry, Kornit Digital'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.

Kornit Digital's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Kornit Digital's Debt-to-Equity distribution charts can be found below:

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

Kornit Digital Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Kornit Digital'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
	=	(5.073	+	18.533)	/	795.667
	=	0.03

Kornit Digital'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
	=	(5.073	+	18.533)	/	795.667
	=	0.03

Kornit Digital (NAS:KRNT) 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.

Kornit Digital Debt-to-Equity Related Terms

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Kornit Digital (Kornit Digital) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Kornit Digital Ltd (NAS:KRNT) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

KRNT:Mexico 0KD:Germany

Address

12 Ha'Amal Street, Afek Park, Rosh-Ha'Ayin, ISR, 4809246

Website

https://www.kornit.com

Kornit Digital Ltd develops, designs and markets digital printing solutions for the global printed textile industry. The company focuses on its DTG and DTF segments of the printed textile industry. Its solutions include digital printing systems, ink and other consumables, associated software and value-added services that allow for large-scale printing of short runs of complex images and designs directly on finished garments and fabrics. It has developed and offers a broad portfolio of differentiated digital printing solutions for the DTG market that provide answers to challenges faced by participants in the global printed textile industry. It generates revenue from sales of systems, ink and other consumables and service including software subscriptions.