Frequency Electronics (Frequency Electronics) Debt-to-Equity : 0.18 (As of Jan. 2024)

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What is Frequency Electronics Debt-to-Equity?

Frequency Electronics's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was $1.78 Mil. Frequency Electronics's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was $4.72 Mil. Frequency Electronics's Total Stockholders Equity for the quarter that ended in Jan. 2024 was $36.67 Mil. Frequency Electronics's debt to equity for the quarter that ended in Jan. 2024 was 0.18.

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 Frequency Electronics's Debt-to-Equity or its related term are showing as below:

FEIM' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.06 Med: 0.18 Max: 0.3
Current: 0.18

During the past 13 years, the highest Debt-to-Equity Ratio of Frequency Electronics was 0.30. The lowest was 0.06. And the median was 0.18.

FEIM's Debt-to-Equity is ranked better than
62.76% of 2199 companies
in the Hardware industry
Industry Median: 0.28 vs FEIM: 0.18

Frequency Electronics Debt-to-Equity Historical Data

The historical data trend for Frequency Electronics'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.

Frequency Electronics Debt-to-Equity Chart

Frequency Electronics Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Debt-to-Equity

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0.30

0.18

0.20

0.23

Frequency Electronics Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Debt-to-Equity	Get a 7-Day Free Trial															0.25	0.23	0.21	0.19	0.18

Competitive Comparison of Frequency Electronics's Debt-to-Equity

For the Communication Equipment subindustry, Frequency Electronics'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.

Frequency Electronics's Debt-to-Equity Distribution in the Hardware Industry

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

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

Frequency Electronics Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Frequency Electronics's Debt to Equity Ratio for the fiscal year that ended in Apr. 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
	=	(1.753	+	5.883)	/	32.886
	=	0.23

Frequency Electronics's Debt to Equity Ratio for the quarter that ended in Jan. 2024 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
	=	(1.783	+	4.716)	/	36.673
	=	0.18

Frequency Electronics (NAS:FEIM) 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.

Frequency Electronics Debt-to-Equity Related Terms

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

Frequency Electronics (Frequency Electronics) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Frequency Electronics Inc (NAS:FEIM) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

98K:Germany

Address

55 Charles Lindbergh Boulevard, Mitchel Field, NY, USA, 11553

Website

https://www.frequencyelectronics.com

Frequency Electronics Inc is engaged in the design, development, and manufacture of high-precision timing, and frequency control products for space, air, sea, and terrestrial applications. The company has FEI-NY and FEI-Zyfer reportable segments. It derives the majority of its revenues from the FEI-NY segment. FEI-NY segment operations consist principally of precision time and frequency control products used in three principal markets namely communication satellites (both commercial and U.S. Government-funded); terrestrial cellular telephone or other ground-based telecommunication stations; and other components and systems for the U.S. military.

Executives

Russell M Sarachek	director	4718 FOXHALL CRESCENTS NW, WASHINGTON DC 20007
Edenbrook Long Only Value Fund, Lp	director, 10 percent owner	EDENBROOK CAPITAL, LLC, 116 RADIO CIRCLE, SUITE 202, MT. KISCO NY 10549
Steven E Strang	officer: President, FEI-Zyfer, Inc.	C/O FREQUENCY ELECTRONICS, INC., 55 CHARLES LINDBERGH BLVD, MITCHEL FIELD NY 11553
Thomas Mcclelland	officer: Vice President, Comml Products	C/O FREQUENCY ELECTRONICS INC, 55 CHARLES LINDBERGH BLVD, MITCHEL FIELD NY 11553
Stanton D Sloane	director	COMTECH TELECOMMUNICATIONS CORP., 68 SOUTH SERVICE RD., SUITE 230, MELVILLE NY 11747
John Patrick Caulfield	officer: VP of Manufacturing	C/O FREQUENCY ELECTRONICS, 55 CHARLES LINDBERGH BLVD., MITCHEL FIELD NY 11533
Edenbrook Capital, Llc	director, 10 percent owner	116 RADIO CIRCLE, SUITE 202, MT. KISCO NY 10549
Martin B Bloch	director, officer: President	FREQUENCY ELECTRONICS INC, 55 CHARLES LINDBERGH BLVD, MITCHEL FIELD NY 11553
Robert Schwartz	director	11552 PROSPEROUS DRIVE, ODESSA FL 33556
Jonathan Brolin	director, 10 percent owner	2 DEPOT PLAZA, 4TH FLOOR, BEDFORD HILLS NY 10507
Privet Fund Lp	10 percent owner, other: See Explanation of Responses	3280 PEACHTREE ROAD NE, SUITE 2670, Atlanta GA 30305
Oleandro Mancini	officer: Vice President, Bus. Develop	C/O FREQUENCY ELECTRONICS INC, 55 CHARLES LINDBERGH BLVD, MITCHEL FIELD NY 11553
Lance W Lord	director	1110 TRUMPETERS COURT, MONUMENT CO 80132
Steven Lawrence Bernstein	officer: Chief Financial Officer	C/O FREQUENCY ELECTRONICS INC., 55 CHARLES LINDBERGH BLVD., MITCHEL FIELD NY 11553
Ryan Levenson	10 percent owner, other: See Explanation of Responses	2396 DELLWOOD DRIVE, ATLANTA GA 30305