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Sandston (Sandston) Debt-to-Equity : 0.00 (As of Dec. 2022)


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What is Sandston Debt-to-Equity?

Sandston's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2022 was $0.00 Mil. Sandston's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2022 was $0.00 Mil. Sandston's Total Stockholders Equity for the quarter that ended in Dec. 2022 was $-0.03 Mil. Sandston's debt to equity for the quarter that ended in Dec. 2022 was 0.00.

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

SDON's Debt-to-Equity is not ranked *
in the Diversified Financial Services industry.
Industry Median: 0.13
* Ranked among companies with meaningful Debt-to-Equity only.

Sandston Debt-to-Equity Historical Data

The historical data trend for Sandston'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.

Sandston Debt-to-Equity Chart

Sandston Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Debt-to-Equity
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Sandston Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
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Competitive Comparison of Sandston's Debt-to-Equity

For the Shell Companies subindustry, Sandston'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.


Sandston's Debt-to-Equity Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Sandston's Debt-to-Equity distribution charts can be found below:

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



Sandston Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Sandston's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Sandston's Debt to Equity Ratio for the quarter that ended in Dec. 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.


Sandston  (OTCPK:SDON) 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.


Sandston Debt-to-Equity Related Terms

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


Sandston (Sandston) Business Description

Traded in Other Exchanges
N/A
Address
1496 Business Park Drive, Suite A, Traverse City, MI, USA, 49868
Website
Sandston Corp is a shell company.
Executives
Richard Anthony Walawender director, officer: Secretary 150 W. JEFFERSON, SUITE 2500, DETROIT MI 48226
Daniel J Dorman director, 10 percent owner, officer: President and CEO
Lawrence J Defiore director
Dennis A Sierk officer: VP-Pdct Mgmt & Pres-Optim. 5840 INTERFACE DRIVE, ANN ARBOR AL 48103
Hugo Braun director 206 SOUTH FIFTH AVENUE, ANN ARBOR MI 48104
Nematron Corp director 40950 WOODWARD AVENUE, SUITE 304, BLOOMFIELD HILLS MI 48034

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