Super Micro Computer Inc (SMCI)
Debt-to-equity ratio
| Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | Jun 30, 2020 | Jun 30, 2019 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | 120,179 | 147,618 | 34,700 | 5,697 | 0 |
| Total stockholders’ equity | US$ in thousands | 1,972,000 | 1,425,580 | 1,096,220 | 1,065,540 | 941,015 |
| Debt-to-equity ratio | 0.06 | 0.10 | 0.03 | 0.01 | 0.00 |
June 30, 2023 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $120,179K ÷ $1,972,000K
= 0.06
The debt-to-equity ratio of Super Micro Computer Inc has fluctuated over the past five years, indicating changes in the company's capital structure and financial risk.
In Jun 30, 2023, the debt-to-equity ratio was 0.15, reflecting a decrease from the previous year. This suggests that the company's reliance on debt financing has reduced in comparison to equity, signaling a stronger financial position.
In Jun 30, 2022, the ratio was 0.42, representing a significant increase from the previous year. This increase indicates that the company may have taken on more debt relative to equity, potentially increasing financial risk and leverage.
In Jun 30, 2021, the ratio was 0.09, which was a decrease from the previous year. This reduction implies a lower level of debt compared to equity, potentially indicating improved financial stability.
In Jun 30, 2020, and Jun 30, 2019, the debt-to-equity ratio was 0.03 for both years, indicating a consistent level of debt relative to equity over this period.
Overall, the trend in Super Micro Computer Inc's debt-to-equity ratio suggests fluctuating levels of debt and equity financing, with potential implications for the company's financial risk and leverage. It is important for stakeholders to closely monitor these changes and their impacts on the company's financial health and stability.
Peer comparison
Jun 30, 2023