Smart (J) (Contractors) (LSE:SMJ) Debt-to-Equity : 0.09 (As of Jan. 2024)

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What is Smart (J) (Contractors) Debt-to-Equity?

Smart (J) (Contractors)'s Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was £10.76 Mil. Smart (J) (Contractors)'s Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was £0.21 Mil. Smart (J) (Contractors)'s Total Stockholders Equity for the quarter that ended in Jan. 2024 was £123.95 Mil. Smart (J) (Contractors)'s debt to equity for the quarter that ended in Jan. 2024 was 0.09.

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 Smart (J) (Contractors)'s Debt-to-Equity or its related term are showing as below:

LSE:SMJ' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.09 Med: 0.12 Max: 0.14
Current: 0.09

During the past 13 years, the highest Debt-to-Equity Ratio of Smart (J) (Contractors) was 0.14. The lowest was 0.09. And the median was 0.12.

LSE:SMJ's Debt-to-Equity is ranked better than
82.05% of 1515 companies
in the Construction industry
Industry Median: 0.44 vs LSE:SMJ: 0.09

Smart (J) (Contractors) Debt-to-Equity Historical Data

The historical data trend for Smart (J) (Contractors)'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.

Smart (J) (Contractors) Debt-to-Equity Chart

Smart (J) (Contractors) Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Debt-to-Equity

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0.13

0.10

0.09

Smart (J) (Contractors) Semi-Annual Data
	Jul14	Jan15	Jul15	Jan16	Jul16	Jan17	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jul23	Jan24
Debt-to-Equity	Get a 7-Day Free Trial															0.10	0.09	0.10	0.09	0.09

Competitive Comparison of Smart (J) (Contractors)'s Debt-to-Equity

For the Engineering & Construction subindustry, Smart (J) (Contractors)'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.

Smart (J) (Contractors)'s Debt-to-Equity Distribution in the Construction Industry

For the Construction industry and Industrials sector, Smart (J) (Contractors)'s Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Smart (J) (Contractors)'s Debt-to-Equity falls into.

Smart (J) (Contractors) Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Smart (J) (Contractors)'s Debt to Equity Ratio for the fiscal year that ended in Jul. 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
	=	(10.492	+	0.212)	/	125.467
	=	0.09

Smart (J) (Contractors)'s Debt to Equity Ratio for the quarter that ended in Jan. 2024 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
	=	(10.758	+	0.212)	/	123.951
	=	0.09

Smart (J) (Contractors) (LSE:SMJ) 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.

Smart (J) (Contractors) Debt-to-Equity Related Terms

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Smart (J) (Contractors) (LSE:SMJ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Smart (J) & Co (Contractors) PLC (LSE:SMJ) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

28 Cramond Road South, Edinburgh, GBR, EH4 6AB

Website

https://www.jsmart.co.uk

Smart (J) & Co (Contractors) PLC is a construction company. Its activities include building and civil engineering contracting, a residential development for sale, and the development of industrial and commercial property for lease and sale. The main construction activity undertaken by the company is that of social housing for several housing associations and registered social landlords predominately in the Edinburgh area. It has a portfolio of self-financed industrial and commercial properties that are owned and managed by its subsidiary company. The investment properties are located throughout the central belt of Scotland and in the Edinburgh area.

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