Analysis of Debt
Paying user area
Try for free
Super Micro Computer Inc. pages available for free this week:
- Analysis of Long-term (Investment) Activity Ratios
- Enterprise Value (EV)
- Enterprise Value to EBITDA (EV/EBITDA)
- Enterprise Value to FCFF (EV/FCFF)
- Price to FCFE (P/FCFE)
- Present Value of Free Cash Flow to Equity (FCFE)
- Net Profit Margin since 2007
- Operating Profit Margin since 2007
- Total Asset Turnover since 2007
- Price to Earnings (P/E) since 2007
The data is hidden behind: . Unhide it.
Get full access to the entire website from $10.42/mo, or
get 1-month access to Super Micro Computer Inc. for $24.99.
This is a one-time payment. There is no automatic renewal.
We accept:
Total Debt (Carrying Amount)
Super Micro Computer Inc., balance sheet: debt
US$ in thousands
Based on: 10-K (reporting date: 2026-06-30), 10-K (reporting date: 2025-06-30), 10-K (reporting date: 2024-06-30), 10-K (reporting date: 2023-06-30), 10-K (reporting date: 2022-06-30), 10-K (reporting date: 2021-06-30).
The total carrying amount of debt exhibits a period of initial volatility followed by an aggressive exponential growth trajectory starting in 2024. From June 30, 2021, to June 30, 2023, total debt fluctuated, peaking at approximately $597 million in 2022 before receding to $290 million in 2023. However, a substantial shift in the capital structure occurs thereafter, with total debt escalating to $2.17 billion in 2024, $4.76 billion in 2025, and reaching $8.72 billion by June 30, 2026.
- Convertible Notes Integration
- A fundamental change in the financing strategy is observed with the introduction of convertible notes in 2024, initially valued at $1.70 billion. This instrument becomes a primary driver of the debt profile, increasing significantly to $4.65 billion in 2025 and $4.66 billion in 2026. This shift indicates a transition toward hybrid financing mechanisms to fund expansion or operational requirements.
- Lines of Credit and Term Loan Trends
- Current and non-current loans remained relatively low and volatile between 2021 and 2025. However, a massive surge is projected for 2026, with current lines of credit rising to $2.04 billion and non-current loans increasing to $2.02 billion. This represents a sharp departure from previous years and suggests a projected requirement for substantial liquidity and long-term capital injection.
- Overall Debt Composition and Scaling
- The debt structure has evolved from a modest reliance on traditional bank loans to a diversified and high-volume portfolio of convertible notes and expanded credit facilities. The total carrying amount increases nearly 89-fold from its 2021 level of $98 million to the 2026 projected level of $8.72 billion, reflecting a rapid scaling of leverage.
Total Debt (Fair Value)
| Jun 30, 2026 | |
|---|---|
| Selected Financial Data (US$ in thousands) | |
| Lines of credit and term loans | |
| 2029 Convertible Notes | |
| 2028 Convertible Notes | |
| 2030 Convertible Notes | |
| Total lines of credit, term loans, and convertible notes (fair value) | |
| Financial Ratio | |
| Debt, fair value to carrying amount ratio | |
Based on: 10-K (reporting date: 2026-06-30).
Weighted-average Interest Rate on Debt
Weighted-average interest rate on lines of credit, term loans, and convertible notes:
| Interest rate | Debt amount1 | Interest rate × Debt amount | Weighted-average interest rate2 |
|---|---|---|---|
| Total | |||
Based on: 10-K (reporting date: 2026-06-30).
1 US$ in thousands
2 Weighted-average interest rate = 100 × ÷ =