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Universal Display (Universal Display) Debt-to-Equity : 0.02 (As of Dec. 2023)


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What is Universal Display Debt-to-Equity?

Universal Display's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.0 Mil. Universal Display's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $22.9 Mil. Universal Display's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $1,447.2 Mil. Universal Display's debt to equity for the quarter that ended in Dec. 2023 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 Universal Display's Debt-to-Equity or its related term are showing as below:

OLED' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01   Med: 0.02   Max: 0.03
Current: 0.02

During the past 13 years, the highest Debt-to-Equity Ratio of Universal Display was 0.03. The lowest was 0.01. And the median was 0.02.

OLED's Debt-to-Equity is ranked better than
93.68% of 2198 companies
in the Hardware industry
Industry Median: 0.28 vs OLED: 0.02

Universal Display Debt-to-Equity Historical Data

The historical data trend for Universal Display'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.

Universal Display Debt-to-Equity Chart

Universal Display Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.01 0.03 0.02 0.02

Universal Display 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 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 0.02 0.02 0.02 0.02 0.02

Competitive Comparison of Universal Display's Debt-to-Equity

For the Electronic Components subindustry, Universal Display'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.


Universal Display's Debt-to-Equity Distribution in the Hardware Industry

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

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



Universal Display Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Universal Display'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.


Universal Display  (NAS:OLED) 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.


Universal Display Debt-to-Equity Related Terms

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


Universal Display (Universal Display) Business Description

Traded in Other Exchanges
Address
250 Phillips Boulevard, Ewing, NJ, USA, 08618
Universal Display Corp researches, develops and manufactures organic light-emitting diode, or OLED, technologies for use in displays for mobile phones, tablets, televisions, wearables, personal computers, automotive interiors, and the solid-state lighting market. OLED technologies are an alternative to a light-emitting diode, or LED, technologies, in the solid-state lighting market, and liquid crystal displays in the flat-panel-display market. A large majority of the firm's revenue is generated in South Korea, with the rest coming from Japan, China, the United States, and other countries across the world.
Executives
Mauro Premutico officer: VP, Legal & GM, Licensing C/O UNIVERSAL DISPLAY CORPORATION, 375 PHILLIPS BLVD., EWING NJ 08618
Richard C Elias director PPG INDUSTRIES, INC., ONE PPG PLACE, PITTSBURGH PA 15272
Julia J Brown officer: Chief Technical Officer
Lawrence Lacerte director C/O TERAGLOBAL COMMUNICATIONS CORP, 9171 TOWNE CENTRE DRIVE SUITE 600, SAN DIEGO CA 92122
Cynthia Jane Comparin director 1000 PARK DRIVE, LAWRENCE PA 15055
Brian Millard officer: VP/CFO C/O UNIVERSAL DISPLAY CORPORATION, 250 PHILLIPS BOULEVARD, EWING NJ 08618
Sidney D Rosenblatt director, officer: EVP & CFO
Elizabeth H Gemmill director
C Keith Hartley director 14 WYNNWOOD RD, GREENWICH CT 06830-3409
Janice K Mahon officer: VP of Tech Commercialization 375 PHILLIPS BLVD., 375 PHILLIPS BLVD., EWING NJ 08618
Celia M Joseph director C/O UNIVERSAL DISPLAY CORPORATION, 375 PHILLIPS BOULEVARD, EWING NJ 08618
Steven V Abramson director, officer: President and COO
Rosemarie B Greco director C/O PA. REAL ESTATE INV TR, 200 S BROAD ST, THE BELLVUE, PHILADELPHIA PA 19102
Sherwin I Seligsohn director, officer: Chairman of Board and Founder C/O UNIVERSAL DISPLAY CORPORATION, 375 PHILLIPS BLVD, EWING NJ 08618
Leonard Becker director BALA POINTE OFFICE CENTRE, 111 PRESIDENTIAL BLVD STE 103, BALA CYNWYD PA 19004