Universal Security Instruments (Universal Security Instruments) Debt-to-Equity : 0.25 (As of Dec. 2023)

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What is Universal Security Instruments Debt-to-Equity?

Universal Security Instruments's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1.28 Mil. Universal Security Instruments's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.05 Mil. Universal Security Instruments's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $5.44 Mil. Universal Security Instruments's debt to equity for the quarter that ended in Dec. 2023 was 0.24.

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 Universal Security Instruments's Debt-to-Equity or its related term are showing as below:

UUU' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02 Med: 0.21 Max: 0.89
Current: 0.25

During the past 13 years, the highest Debt-to-Equity Ratio of Universal Security Instruments was 0.89. The lowest was 0.02. And the median was 0.21.

UUU's Debt-to-Equity is ranked better than
60.43% of 930 companies
in the Business Services industry
Industry Median: 0.395 vs UUU: 0.25

Universal Security Instruments Debt-to-Equity Historical Data

The historical data trend for Universal Security Instruments'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.

Universal Security Instruments Debt-to-Equity Chart

Universal Security Instruments Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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0.17

0.43

0.27

0.80

0.33

Universal Security Instruments Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.59	0.33	0.30	0.22	0.25

Competitive Comparison of Universal Security Instruments's Debt-to-Equity

For the Security & Protection Services subindustry, Universal Security Instruments'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.

Universal Security Instruments's Debt-to-Equity Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Universal Security Instruments's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Universal Security Instruments's Debt-to-Equity falls into.

Universal Security Instruments Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Universal Security Instruments'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
	=	(1.611	+	0.172)	/	5.359
	=	0.33

Universal Security Instruments's Debt to Equity Ratio for the quarter that ended in Dec. 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
	=	(1.278	+	0.053)	/	5.44
	=	0.24

Universal Security Instruments (AMEX:UUU) 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.

Universal Security Instruments Debt-to-Equity Related Terms

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

Universal Security Instruments (Universal Security Instruments) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Universal Security Instruments Inc (AMEX:UUU) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

11407 Cronhill Drive, Suite A, Owings Mills, MD, USA, 21117

Website

https://www.universalsecurity.com

Universal Security Instruments Inc is a U.S based manufacturer and distributor of safety and security devices in the Peoples Republic of China . The company markets a line of residential smoke and carbon monoxide alarms under the trade names UNIVERSAL and USI Electric. It also markets products to the electrical distribution trade such as electrical and lighting distributors as well as manufactured housing companies. Its product portfolio consists of smoke and fire alarms, carbon monoxide alarms, multi-gas alarms, universal smoke sensing technology, and plug-in alarms.

Executives

Bitnile Holdings, Inc.	10 percent owner	11411 SOUTHERN HIGHLANDS PARKWAY, SUITE 240, LAS VEGAS NV 89141
North Star Investment Management Corp.	other: SEE NOTE 2 BELOW	20 N. WACKER DRIVE, SUITE # 1416, CHICAGO IL 60606
North Star Micro Cap Fund	10 percent owner	80 ARKAY DRIVE, SUITE 110, HAUPPAUGE NY 11788
Ira Bormel	director	11407 CRONHILL DRIVE, SUITE A, OWINGS MILLS MD 21117
Harvey B Grossblatt	director, officer: President, CEO	7-A GWYNNS MILL COURT, OWINGS MILLS MD 21117
Ronald A Seff	director	7-A GWYNNS MILL COURT, OWINGS MILLS MD 21117
Howard B Silverman	director	7-A GWYNNS MILL COURT, OWINGS MILLS MD 21117
Cary Luskin	director	7-A GWYNNS MILL COURT, OWINGS MILLS MD 21117
Michael L Kovens	10 percent owner	6 REGENCY CT, BALTIMORE MD 21208
James Ballard Huff	officer: Chief Financial Officer	7-A GWYNNS MILL COURT, OWINGS MILLS MD 21117
Ronald S Lazarus	10 percent owner	7-A GWYNNS MILL COURT, OWINGS MILLS MD 21117
Stephen C Knepper	director, 10 percent owner, officer: Chairman, CEO	7-A GWYNNS MILL COURT, OWINGS MILLS MD 21117