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Sucro (TSXV:SUG) Debt-to-Equity : 1.64 (As of Mar. 2024)


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What is Sucro Debt-to-Equity?

Sucro's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was C$294.1 Mil. Sucro's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was C$65.2 Mil. Sucro's Total Stockholders Equity for the quarter that ended in Mar. 2024 was C$218.8 Mil. Sucro's debt to equity for the quarter that ended in Mar. 2024 was 1.64.

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

TSXV:SUG' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.64   Med: 1.86   Max: 1.99
Current: 1.64

During the past 3 years, the highest Debt-to-Equity Ratio of Sucro was 1.99. The lowest was 1.64. And the median was 1.86.

TSXV:SUG's Debt-to-Equity is ranked worse than
90.02% of 1643 companies
in the Consumer Packaged Goods industry
Industry Median: 0.41 vs TSXV:SUG: 1.64

Sucro Debt-to-Equity Historical Data

The historical data trend for Sucro'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.

Sucro Debt-to-Equity Chart

Sucro Annual Data
Trend Dec21 Dec22 Dec23
Debt-to-Equity
1.91 1.82 1.99

Sucro Quarterly Data
Dec21 Jun22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Debt-to-Equity Get a 7-Day Free Trial N/A N/A N/A 1.99 1.64

Competitive Comparison of Sucro's Debt-to-Equity

For the Confectioners subindustry, Sucro'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.

Sucro's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Sucro's Debt-to-Equity distribution charts can be found below:

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


Sucro Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Sucro's Debt to Equity Ratio for the fiscal year 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
=(308.217 + 66.427) / 188.618
=1.99

Sucro's Debt to Equity Ratio for the quarter that ended in Mar. 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
=(294.08 + 65.226) / 218.761
=1.64

* 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.

Sucro  (TSXV:SUG) 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.

Sucro Debt-to-Equity Related Terms

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

Sucro (TSXV:SUG) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Sucro Ltd (TSXV:SUG) » Definitions » Debt-to-Equity
Comparable Companies
XCNQ:TYUM XCNQ:VICE MDLZ HSY XSWX:LISN XSWX:BARN XKRX:271560 TR TSE:2222 CAS:CSR TSE:2201 XKRX:004990 BOM:532670 BOM:500038 BOM:500125 NSA:DSRP IST:ULKER BOM:532356 SZSE:301206 XKRX:280360
Traded in Other Exchanges
N/A
Address
2020 Ponce de Leon Blvd, Suite 1204, Coral Gables, FL, USA, 33134
Website
https://www.sucro.us
Sucro Ltd is a growth-oriented sugar company that operates throughout the Americas, with a primary focus on serving the North American sugar market. The Company operates a highly integrated and interconnected sugar supply business, utilizing the entire sugar supply chain to service its customer. The Company's operations are classified into two reportable business segments which is Trade and Services. The Trade segment is a business focusing on capturing profits through sourcing, merchandising, and managing logistics of sugar. The Company's asset-based services business provides tolling (refining, processing, handling, packaging, and quality assurance), storage, and other services primarily to the Trade segment.

Sucro (TSXV:SUG) Headlines

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