CyanConnode Holdings (LSE:CYAN) Debt-to-Equity : 0.12 (As of Sep. 2023)

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What is CyanConnode Holdings Debt-to-Equity?

CyanConnode Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was £1.45 Mil. CyanConnode Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was £0.08 Mil. CyanConnode Holdings's Total Stockholders Equity for the quarter that ended in Sep. 2023 was £13.03 Mil. CyanConnode Holdings's debt to equity for the quarter that ended in Sep. 2023 was 0.12.

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 CyanConnode Holdings's Debt-to-Equity or its related term are showing as below:

LSE:CYAN' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.09 Med: 0.13 Max: 0.32
Current: 0.12

During the past 13 years, the highest Debt-to-Equity Ratio of CyanConnode Holdings was 0.32. The lowest was 0.09. And the median was 0.13.

LSE:CYAN's Debt-to-Equity is ranked better than
70.74% of 2191 companies
in the Hardware industry
Industry Median: 0.29 vs LSE:CYAN: 0.12

CyanConnode Holdings Debt-to-Equity Historical Data

The historical data trend for CyanConnode Holdings'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.

CyanConnode Holdings Debt-to-Equity Chart

CyanConnode Holdings Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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0.10

0.32

0.18

0.09

CyanConnode Holdings Semi-Annual Data
	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial															0.28	0.18	0.10	0.09	0.12

Competitive Comparison of CyanConnode Holdings's Debt-to-Equity

For the Communication Equipment subindustry, CyanConnode Holdings'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.

CyanConnode Holdings's Debt-to-Equity Distribution in the Hardware Industry

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

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

CyanConnode Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

CyanConnode Holdings's Debt to Equity Ratio for the fiscal year that ended in Mar. 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
	=	(1.255	+	0.094)	/	14.77
	=	0.09

CyanConnode Holdings's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(1.453	+	0.08)	/	13.033
	=	0.12

CyanConnode Holdings (LSE:CYAN) 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.

CyanConnode Holdings Debt-to-Equity Related Terms

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CyanConnode Holdings (LSE:CYAN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » CyanConnode Holdings PLC (LSE:CYAN) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Milton Road, Merlin Place, Cambridge, GBR, CB4 0DP

Website

https://www.cyanconnode.com

CyanConnode Holdings PLC designs and develops wireless monitoring and control products for smart metering, lighting, and the Internet of Things applications. The company provides customers with long-range, low-power, end-to-end networking solutions and high-performance applications that help them enhance service delivery, improve business efficiency, and save energy. The company offers a range of solutions including Narrowband RF mesh, Ultimesh, Panmesh, and Omnimesh. The company has operations in Europe, Asia, and Rest of World.