Debt to Equity
since 2007
Calculation
Super Micro Computer Inc., debt to equity, long-term trends, calculation
| Debt to equity | = | Lines of credit, term loans, and convertible notes1 | ÷ | Total Super Micro Computer, Inc. stockholders’ equity1 | |
|---|---|---|---|---|---|
| Jun 30, 2025 | 0.75 | = | 4,757,653) | ÷ | 6,301,693) |
| Jun 30, 2024 | 0.40 | = | 2,174,145) | ÷ | 5,417,206) |
| Jun 30, 2023 | 0.15 | = | 290,302) | ÷ | 1,972,005) |
| Jun 30, 2022 | 0.42 | = | 596,764) | ÷ | 1,425,575) |
| Jun 30, 2021 | 0.09 | = | 98,190) | ÷ | 1,096,225) |
| Jun 30, 2020 | 0.03 | = | 29,401) | ÷ | 1,065,540) |
| Jun 30, 2019 | 0.03 | = | 23,647) | ÷ | 941,015) |
| Jun 30, 2018 | 0.14 | = | 116,181) | ÷ | 843,495) |
| Jun 30, 2017 | 0.21 | = | 161,447) | ÷ | 773,676) |
| Jun 30, 2016 | 0.13 | = | 93,589) | ÷ | 721,195) |
| Jun 30, 2015 | 0.15 | = | 94,412) | ÷ | 618,921) |
| Jun 30, 2014 | 0.10 | = | 46,287) | ÷ | 469,056) |
| Jun 30, 2013 | 0.09 | = | 35,171) | ÷ | 373,543) |
| Jun 30, 2012 | 0.10 | = | 32,757) | ÷ | 338,351) |
| Jun 30, 2011 | 0.10 | = | 28,151) | ÷ | 287,257) |
| Jun 30, 2010 | 0.08 | = | 18,553) | ÷ | 224,701) |
| Jun 30, 2009 | 0.06 | = | 9,994) | ÷ | 178,622) |
| Jun 30, 2008 | 0.07 | = | 10,301) | ÷ | 151,871) |
| Jun 30, 2007 | 0.10 | = | 11,555) | ÷ | 115,872) |
Based on: 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), 10-K (reporting date: 2020-06-30), 10-K (reporting date: 2019-06-30), 10-K (reporting date: 2018-06-30), 10-K (reporting date: 2017-06-30), 10-K (reporting date: 2016-06-30), 10-K (reporting date: 2015-06-30), 10-K (reporting date: 2014-06-30), 10-K (reporting date: 2013-06-30), 10-K (reporting date: 2012-06-30), 10-K (reporting date: 2011-06-30), 10-K (reporting date: 2010-06-30), 10-K (reporting date: 2009-06-30), 10-K (reporting date: 2008-06-30), 10-K (reporting date: 2007-06-30).
1 US$ in thousands
The analysis of the financial data reveals several notable trends and patterns over the periods presented.
- Lines of credit, term loans, and convertible notes
- This metric exhibits significant growth over the duration. Starting at approximately 11.6 million USD in mid-2007, the value fluctuates moderately until 2010, after which it shows a marked upward trend. A particularly sharp increase is observed from 2014 onwards, culminating in an exceptionally high value of nearly 4.76 billion USD projected for 2025. This indicates a substantial increase in the company's reliance on debt financing instruments over time, particularly in the most recent years.
- Total stockholders’ equity
- Stockholders’ equity also demonstrates consistent growth throughout the years. Beginning at around 115.9 million USD in 2007, it increases steadily year-over-year, reaching over 6.3 billion USD by 2025. The growth trajectory is relatively stable with no significant declines, suggesting that the company has been successful in retaining earnings or raising equity capital to support expansion.
- Debt to equity ratio
- The debt to equity ratio remains generally low and stable in the earlier years, starting at 0.1 in 2007 and fluctuating modestly around this level through 2013. From 2014 onwards, the ratio shows more variability, including a notable dip to as low as 0.03 in both 2019 and 2020, which corresponds with lower relative debt levels. However, from 2021 forward, the ratio increases sharply, reaching 0.75 by 2025. This upward movement aligns with the rapid increase in debt levels observed during the same period and indicates a rising use of leverage relative to equity.
Overall, the data indicates a company that has expanded both its equity base and its borrowing capacity substantially. The sharp increase in debt, especially in the final years, leads to a higher leverage ratio, which may imply increased financial risk or strategic financing to support growth initiatives. The steady rise in equity suggests ongoing profitability or capital influx, which somewhat mitigates concerns about the increasing debt levels. Monitoring the balance between these factors will be critical for assessing the company's financial stability in future periods.
Comparison to Competitors
Super Micro Computer Inc., debt to equity, long-term trends, comparison to competitors
| Super Micro Computer Inc. | Apple Inc. | Arista Networks Inc. | Cisco Systems Inc. | Dell Technologies Inc. | |
|---|---|---|---|---|---|
| Jun 30, 2025 | 0.75 | — | — | 0.60 | — |
| Jun 30, 2024 | 0.40 | 1.87 | 0.00 | 0.68 | — |
| Jun 30, 2023 | 0.15 | 1.79 | 0.00 | 0.19 | — |
| Jun 30, 2022 | 0.42 | 2.37 | 0.00 | 0.24 | — |
| Jun 30, 2021 | 0.09 | 1.98 | 0.00 | 0.28 | 19.36 |
| Jun 30, 2020 | 0.03 | 1.72 | 0.00 | 0.38 | — |
| Jun 30, 2019 | 0.03 | 1.19 | 0.00 | 0.73 | — |
| Jun 30, 2018 | 0.14 | 1.07 | 0.02 | 0.59 | — |
| Jun 30, 2017 | 0.21 | 0.86 | 0.02 | 0.51 | — |
| Jun 30, 2016 | 0.13 | 0.68 | 0.04 | 0.45 | — |
| Jun 30, 2015 | 0.15 | 0.54 | 0.05 | 0.42 | — |
| Jun 30, 2014 | 0.10 | 0.32 | 0.08 | 0.37 | — |
| Jun 30, 2013 | 0.09 | 0.14 | — | 0.27 | — |
| Jun 30, 2012 | 0.10 | 0.00 | — | 0.32 | — |
| Jun 30, 2011 | 0.10 | 0.00 | — | 0.36 | — |
| Jun 30, 2010 | 0.08 | 0.00 | — | 0.35 | — |
| Jun 30, 2009 | 0.06 | 0.00 | — | 0.27 | — |
| Jun 30, 2008 | 0.07 | 0.00 | — | 0.20 | — |
| Jun 30, 2007 | 0.10 | 0.00 | — | 0.20 | — |
Based on: 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), 10-K (reporting date: 2020-06-30), 10-K (reporting date: 2019-06-30), 10-K (reporting date: 2018-06-30), 10-K (reporting date: 2017-06-30), 10-K (reporting date: 2016-06-30), 10-K (reporting date: 2015-06-30), 10-K (reporting date: 2014-06-30), 10-K (reporting date: 2013-06-30), 10-K (reporting date: 2012-06-30), 10-K (reporting date: 2011-06-30), 10-K (reporting date: 2010-06-30), 10-K (reporting date: 2009-06-30), 10-K (reporting date: 2008-06-30), 10-K (reporting date: 2007-06-30).
Comparison to Sector (Technology Hardware & Equipment)
Super Micro Computer Inc., debt to equity, long-term trends, comparison to sector (technology hardware & equipment)
| Super Micro Computer Inc. | Technology Hardware & Equipment | |
|---|---|---|
| Jun 30, 2025 | 0.75 | — |
| Jun 30, 2024 | 0.40 | 1.44 |
| Jun 30, 2023 | 0.15 | 1.33 |
| Jun 30, 2022 | 0.42 | 1.65 |
| Jun 30, 2021 | 0.09 | 1.65 |
| Jun 30, 2020 | 0.03 | 1.69 |
| Jun 30, 2019 | 0.03 | 1.53 |
| Jun 30, 2018 | 0.14 | 0.91 |
| Jun 30, 2017 | 0.21 | 0.74 |
| Jun 30, 2016 | 0.13 | 0.60 |
| Jun 30, 2015 | 0.15 | 0.50 |
| Jun 30, 2014 | 0.10 | 0.33 |
| Jun 30, 2013 | 0.09 | 0.18 |
| Jun 30, 2012 | 0.10 | 0.10 |
| Jun 30, 2011 | 0.10 | 0.14 |
| Jun 30, 2010 | 0.08 | 0.17 |
| Jun 30, 2009 | 0.06 | 0.15 |
| Jun 30, 2008 | 0.07 | 0.12 |
| Jun 30, 2007 | 0.10 | 0.14 |
Based on: 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), 10-K (reporting date: 2020-06-30), 10-K (reporting date: 2019-06-30), 10-K (reporting date: 2018-06-30), 10-K (reporting date: 2017-06-30), 10-K (reporting date: 2016-06-30), 10-K (reporting date: 2015-06-30), 10-K (reporting date: 2014-06-30), 10-K (reporting date: 2013-06-30), 10-K (reporting date: 2012-06-30), 10-K (reporting date: 2011-06-30), 10-K (reporting date: 2010-06-30), 10-K (reporting date: 2009-06-30), 10-K (reporting date: 2008-06-30), 10-K (reporting date: 2007-06-30).
Comparison to Industry (Information Technology)
Super Micro Computer Inc., debt to equity, long-term trends, comparison to industry (information technology)
| Super Micro Computer Inc. | Information Technology | |
|---|---|---|
| Jun 30, 2025 | 0.75 | — |
| Jun 30, 2024 | 0.40 | 0.61 |
| Jun 30, 2023 | 0.15 | 0.66 |
| Jun 30, 2022 | 0.42 | 0.70 |
| Jun 30, 2021 | 0.09 | 0.83 |
| Jun 30, 2020 | 0.03 | 0.97 |
| Jun 30, 2019 | 0.03 | 0.98 |
| Jun 30, 2018 | 0.14 | 0.83 |
| Jun 30, 2017 | 0.21 | 0.81 |
| Jun 30, 2016 | 0.13 | 0.66 |
| Jun 30, 2015 | 0.15 | 0.56 |
| Jun 30, 2014 | 0.10 | 0.39 |
| Jun 30, 2013 | 0.09 | 0.29 |
| Jun 30, 2012 | 0.10 | 0.25 |
| Jun 30, 2011 | 0.10 | 0.27 |
| Jun 30, 2010 | 0.08 | 0.25 |
| Jun 30, 2009 | 0.06 | 0.26 |
| Jun 30, 2008 | 0.07 | 0.29 |
| Jun 30, 2007 | 0.10 | 0.27 |
Based on: 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), 10-K (reporting date: 2020-06-30), 10-K (reporting date: 2019-06-30), 10-K (reporting date: 2018-06-30), 10-K (reporting date: 2017-06-30), 10-K (reporting date: 2016-06-30), 10-K (reporting date: 2015-06-30), 10-K (reporting date: 2014-06-30), 10-K (reporting date: 2013-06-30), 10-K (reporting date: 2012-06-30), 10-K (reporting date: 2011-06-30), 10-K (reporting date: 2010-06-30), 10-K (reporting date: 2009-06-30), 10-K (reporting date: 2008-06-30), 10-K (reporting date: 2007-06-30).