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Seafarms Group (ASX:SFG) Debt-to-Equity : 0.14 (As of Dec. 2023)


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What is Seafarms Group Debt-to-Equity?

Seafarms Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$3.15 Mil. Seafarms Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$0.67 Mil. Seafarms Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was A$28.11 Mil. Seafarms Group's debt to equity for the quarter that ended in Dec. 2023 was 0.14.

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 Seafarms Group's Debt-to-Equity or its related term are showing as below:

ASX:SFG' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.06   Med: 0.34   Max: 9.59
Current: 0.14

During the past 13 years, the highest Debt-to-Equity Ratio of Seafarms Group was 9.59. The lowest was 0.06. And the median was 0.34.

ASX:SFG's Debt-to-Equity is ranked better than
74.62% of 1639 companies
in the Consumer Packaged Goods industry
Industry Median: 0.41 vs ASX:SFG: 0.14

Seafarms Group Debt-to-Equity Historical Data

The historical data trend for Seafarms Group'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.

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Seafarms Group Debt-to-Equity Chart

Seafarms Group Annual Data
Trend Sep13 Sep14 Sep15 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.93 1.18 9.59 0.06 0.12

Seafarms Group Semi-Annual Data
Sep13 Mar14 Sep14 Mar15 Sep15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.25 0.06 0.09 0.12 0.14

Competitive Comparison of Seafarms Group's Debt-to-Equity

For the Farm Products subindustry, Seafarms Group'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.


Seafarms Group's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Seafarms Group's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Seafarms Group's Debt-to-Equity falls into.



Seafarms Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Seafarms Group's Debt to Equity Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Seafarms Group's Debt to Equity Ratio for the quarter that ended in Dec. 2023 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.


Seafarms Group  (ASX:SFG) 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.


Seafarms Group Debt-to-Equity Related Terms

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


Seafarms Group (ASX:SFG) Business Description

Traded in Other Exchanges
N/A
Address
66 Smith Street, Level 6, Darwin, NT, AUS, 0800
Seafarms Group Ltd is an Australian agri-food company engaged in providing production platforms for producing high-quality seafood. The company's operating segment include Aquaculture and others. It generates maximum revenue from the Aquaculture segment. The company's project includes Sea Dragon and operates a black tiger and banana prawn aquaculture business located in North Queensland. Its product profile includes crystal bay prawns and crystal bay tigers.

Seafarms Group (ASX:SFG) Headlines

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