Sunworks (STU:7SL2) Debt-to-Equity : 0.29 (As of Sep. 2023)

View and export this data going back to 2014. Start your Free Trial

What is Sunworks Debt-to-Equity?

Sunworks's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was €1.9 Mil. Sunworks's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was €4.0 Mil. Sunworks's Total Stockholders Equity for the quarter that ended in Sep. 2023 was €20.2 Mil. Sunworks's debt to equity for the quarter that ended in Sep. 2023 was 0.29.

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

STU:7SL2' s Debt-to-Equity Range Over the Past 10 Years
Min: -1.64 Med: 0.12 Max: 1.19
Current: 0.29

During the past 13 years, the highest Debt-to-Equity Ratio of Sunworks was 1.19. The lowest was -1.64. And the median was 0.12.

STU:7SL2's Debt-to-Equity is ranked worse than
53.2% of 874 companies
in the Semiconductors industry
Industry Median: 0.26 vs STU:7SL2: 0.29

Sunworks Debt-to-Equity Historical Data

The historical data trend for Sunworks'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.

Sunworks Debt-to-Equity Chart

Sunworks Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

Get a 7-Day Free Trial

0.49

0.63

0.10

0.05

0.08

Sunworks Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial															0.05	0.08	0.10	0.12	0.29

Competitive Comparison of Sunworks's Debt-to-Equity

For the Solar subindustry, Sunworks'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.

Sunworks's Debt-to-Equity Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Sunworks's Debt-to-Equity distribution charts can be found below:

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

Sunworks Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Sunworks's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 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
	=	(1.632	+	2.975)	/	60.357
	=	0.08

Sunworks's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(1.902	+	3.955)	/	20.248
	=	0.29

Sunworks (STU:7SL2) 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.

Sunworks Debt-to-Equity Related Terms

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

Sunworks (STU:7SL2) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Sunworks Inc (STU:7SL2) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

SUNW:USA 7SL2:Germany

Address

1555 Freedom Boulevard, Provo, UT, USA, 84604

Website

https://www.sunworksusa.com

Sunworks Inc provides photovoltaic (PV) and battery-based power and storage systems for the residential and commercial markets. Commercial projects include commercial, agricultural, industrial, and public works projects. It has three operating segments; Residential Solar offers design, arrangement to finance, integrate, install, and manage systems for residential homeowners, Commercial Solar offers design, arrangement to finance, integration, install, and manage systems ranging in size from 50kW (kilowatt) to multi-MW (megawatt) systems for larger commercial and public works projects, and Corporate segment includes general company oversight and management. The company derives a majority of its revenue from the residential solar segment.

Sunworks (STU:7SL2) Headlines

No Headlines