Schmitt Industries (STU:SI1A) Debt-to-Equity : 30.40 (As of May. 2022)

Schmitt Industries Debt-to-Equity Chart

Schmitt Industries Annual Data
	Trend	May13	May14	May15	May16	May17	May18	May19	May20	May21	May22
Debt-to-Equity		Get a 7-Day Free Trial					-	-	-	3.97	30.40

Schmitt Industries Quarterly Data
	Aug17	Nov17	Feb18	May18	Aug18	Nov18	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22
Debt-to-Equity	Get a 7-Day Free Trial															3.97	1.56	3.22	0.83	30.40

Competitive Comparison of Schmitt Industries's Debt-to-Equity

For the Scientific & Technical Instruments subindustry, Schmitt Industries'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.

Schmitt Industries's Debt-to-Equity Distribution in the Hardware Industry

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

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

Schmitt Industries Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Schmitt Industries's Debt to Equity Ratio for the fiscal year that ended in May. 2022 is calculated as

Schmitt Industries's Debt to Equity Ratio for the quarter that ended in May. 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.

Schmitt Industries  (STU:SI1A) 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.

Schmitt Industries Debt-to-Equity Related Terms

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Schmitt Industries (STU:SI1A) Business Description