Singer Sri Lanka (COL:SINS.N0000) Debt-to-Equity : 3.90 (As of Dec. 2023)

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What is Singer Sri Lanka Debt-to-Equity?

Singer Sri Lanka's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was රු24,033 Mil. Singer Sri Lanka's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was රු13,499 Mil. Singer Sri Lanka's Total Stockholders Equity for the quarter that ended in Dec. 2023 was රු9,622 Mil. Singer Sri Lanka's debt to equity for the quarter that ended in Dec. 2023 was 3.90.

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 Singer Sri Lanka's Debt-to-Equity or its related term are showing as below:

COL:SINS.N0000' s Debt-to-Equity Range Over the Past 10 Years
Min: 2.02 Med: 3.51 Max: 6.07
Current: 3.9

During the past 13 years, the highest Debt-to-Equity Ratio of Singer Sri Lanka was 6.07. The lowest was 2.02. And the median was 3.51.

COL:SINS.N0000's Debt-to-Equity is ranked worse than
93.61% of 1001 companies
in the Retail - Cyclical industry
Industry Median: 0.62 vs COL:SINS.N0000: 3.90

Singer Sri Lanka Debt-to-Equity Historical Data

The historical data trend for Singer Sri Lanka'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.

Singer Sri Lanka Debt-to-Equity Chart

Singer Sri Lanka Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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4.76

5.66

3.06

3.37

3.50

Singer Sri Lanka 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															3.52	3.50	3.58	4.11	3.90

Competitive Comparison of Singer Sri Lanka's Debt-to-Equity

For the Specialty Retail subindustry, Singer Sri Lanka'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.

Singer Sri Lanka's Debt-to-Equity Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Singer Sri Lanka's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Singer Sri Lanka's Debt-to-Equity falls into.

Singer Sri Lanka Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Singer Sri Lanka'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
	=	(21003.372	+	14471.569)	/	10143.08
	=	3.50

Singer Sri Lanka'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
	=	(24033.04	+	13499.405)	/	9621.53
	=	3.90

Singer Sri Lanka (COL:SINS.N0000) 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.

Singer Sri Lanka Debt-to-Equity Related Terms

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

Singer Sri Lanka (COL:SINS.N0000) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Singer Sri Lanka PLC (COL:SINS.N0000) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

No. 112, Havelock Road, Colombo, LKA, 05

Website

https://www.singer.lk

Singer Sri Lanka PLC is a Sri Lanka based appliance retailer. It is engaged in marketing of household electrical products. It operates in seven segments including Consumer Electronics that offers televisions, audios and other electronic products. Financial Services segment offers leasing, hire purchase and loans. Furniture segment offers wood and layered furniture, sofa sets, steel furniture, and mattress. Home Appliances offer refrigerators, washing machines, deep freezers. Digital Products include laptops and smartphones. Sewing segment offers domestic and industrial sewing machines and general merchandise Other segment offers motorbikes, bicycles, water pumps, paddy threshers, and tractors. The company generates maximum revenue from the Home Appliances segment.

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