Schmitt Industries (STU:SI1A) Debt-to-Asset : 0.81 (As of May. 2022)

Schmitt Industries Debt-to-Asset Chart

Schmitt Industries Annual Data
	Trend	May13	May14	May15	May16	May17	May18	May19	May20	May21	May22
Debt-to-Asset		Get a 7-Day Free Trial					-	-	-	0.71	0.81

Schmitt Industries Quarterly Data
	Aug17	Nov17	Feb18	May18	Aug18	Nov18	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22
Debt-to-Asset	Get a 7-Day Free Trial															0.71	0.22	0.69	0.17	0.81

Competitive Comparison of Schmitt Industries's Debt-to-Asset

For the Scientific & Technical Instruments subindustry, Schmitt Industries's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset 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.

Schmitt Industries's Debt-to-Asset Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Schmitt Industries's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Schmitt Industries's Debt-to-Asset falls into.

Schmitt Industries Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Schmitt Industries's Debt-to-Asset for the fiscal year that ended in May. 2022 is calculated as

Schmitt Industries's Debt-to-Asset for the quarter that ended in May. 2022 is calculated as

* 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.

Schmitt Industries  (STU:SI1A) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

Schmitt Industries Debt-to-Asset Related Terms

Thank you for viewing the detailed overview of Schmitt Industries's Debt-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Schmitt Industries (STU:SI1A) Business Description