Resideo Technologies (Resideo Technologies) Debt-to-Equity : 0.53 (As of Dec. 2023)

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What is Resideo Technologies Debt-to-Equity?

Resideo Technologies's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $51 Mil. Resideo Technologies's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1,396 Mil. Resideo Technologies's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $2,749 Mil. Resideo Technologies's debt to equity for the quarter that ended in Dec. 2023 was 0.53.

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

REZI' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.53 Med: 0.58 Max: 0.78
Current: 0.53

During the past 9 years, the highest Debt-to-Equity Ratio of Resideo Technologies was 0.78. The lowest was 0.53. And the median was 0.58.

REZI's Debt-to-Equity is ranked worse than
56.9% of 928 companies
in the Business Services industry
Industry Median: 0.385 vs REZI: 0.53

Resideo Technologies Debt-to-Equity Historical Data

The historical data trend for Resideo 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.

Resideo Technologies Debt-to-Equity Chart

Resideo Technologies Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.74

0.58

0.56

0.58

0.53

Resideo Technologies 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															0.58	0.56	0.54	0.55	0.53

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

For the Security & Protection Services subindustry, Resideo 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.

Resideo Technologies's Debt-to-Equity Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Resideo Technologies's Debt-to-Equity distribution charts can be found below:

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

Resideo Technologies Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Resideo 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
	=	(51	+	1396)	/	2749
	=	0.53

Resideo 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
	=	(51	+	1396)	/	2749
	=	0.53

Resideo Technologies (NYSE:REZI) 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.

Resideo Technologies Debt-to-Equity Related Terms

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

Resideo Technologies (Resideo Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Resideo Technologies Inc (NYSE:REZI) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

3RT:Germany

Address

16100 North 71st Street, Suite 550, Scottsdale, AZ, USA, 85254

Website

https://www.resideo.com

Resideo Technologies Inc is a manufacturer and developer of technology-driven products and components that provide critical comfort, energy management, and safety and security solutions. The company has two reportable segments; Products and Solutions segment offers temperature and humidity control, energy products and solutions, water and air solutions, smoke and carbon monoxide detection home safety products, security panels, sensors, peripherals, wire and cable, communications devices, video cameras, other home-related lifestyle convenience solutions, and ADI Global Distribution segment includes wholesale distributor of low-voltage security products including access control, fire detection, security, and video products. It derives a majority of its revenue from the United States.

Executives

Phillip L. Theodore	officer: Pres., Products & Solutions	901 E. 6TH STREET, AUSTIN TX 78701
Tina M Beskid	officer: Chief Accounting Officer	1835 DUEBER AVENUE, S.W., CANTON OH 44706
Jay L Geldmacher	director, officer: President and CEO	5810 VAN ALLEN WAY, CARLSBAD CA 92008
Nina Richardson	director	C/O SILICON LABORATORIES, 400 W CESAR CHAVEZ, AUSTIN TX 78701
Jeannine J Lane	officer: See Remarks	115 TABOR ROAD, MORRIS PLAINS NJ 07950
Robert B Aarnes	officer: PRESIDENT, ADI	115 TABOR ROAD, MORRIS PLAINS NJ 07950
Dana Edward Huth	officer: EVP, Chief Revenue Officer	1595 WYNKOOP STREET, SUITE 800, DENVER CO 80202
Anthony L Trunzo	officer: EVP, Chief Financial Officer	27700 SW PARKWAY AVENUE, WILSONVILLE OR 97070
Kareem Yusuf	director	901 E. 6TH STREET, AUSTIN TX 78701
Travis D Merrill	officer: EVP, Chief Strat & Cml Officer	27700 SW PARKWAY AVE., WILSONVILLE OR 97070
Roger Fradin	director	C/O MSC INDUSTRIAL DIRECT CO., INC., 75 MAXESS ROAD, MELVILLE NY 11747
Jack R Lazar	director	400 W. CESAR CHAVEZ, ATTN: STOCK ADMINISTRATION, AUSTIN TX 78701
Paul F Deninger	director	C/O JEFFERIES & CO., 1050 WINTER STREET, WALTHAM MA 02451
Andrew C Teich	director	3 HANSON DRIVE, MOULTONBOROUGH NH 03254
Brian Kushner	director	527 MADISON AVENUE 6TH FLOOR, NEW YORK NY 10022