Seed Co (XZIM:SEED.ZW) Debt-to-Equity : 0.34 (As of Sep. 2023)

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

What is Seed Co Debt-to-Equity?

Seed Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ZWL0 Mil. Seed Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ZWL133,260 Mil. Seed Co's Total Stockholders Equity for the quarter that ended in Sep. 2023 was ZWL396,380 Mil. Seed Co's debt to equity for the quarter that ended in Sep. 2023 was 0.34.

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

XZIM:SEED.ZW' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.04 Med: 0.29 Max: 0.58
Current: 0.34

During the past 8 years, the highest Debt-to-Equity Ratio of Seed Co was 0.58. The lowest was 0.04. And the median was 0.29.

XZIM:SEED.ZW's Debt-to-Equity is ranked better than
51.39% of 216 companies
in the Agriculture industry
Industry Median: 0.35 vs XZIM:SEED.ZW: 0.34

Seed Co Debt-to-Equity Historical Data

The historical data trend for Seed Co'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.

Seed Co Debt-to-Equity Chart

Seed Co Annual Data

Trend

Mar09

Mar11

Mar12

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

Get a 7-Day Free Trial

0.04

0.24

0.31

Seed Co Semi-Annual Data
	Mar09	Mar11	Sep11	Mar12	Sep12	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial										0.37	0.24	0.58	0.31	0.34

Competitive Comparison of Seed Co's Debt-to-Equity

For the Agricultural Inputs subindustry, Seed Co'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.

Seed Co's Debt-to-Equity Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Seed Co's Debt-to-Equity distribution charts can be found below:

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

Seed Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Seed Co's Debt to Equity Ratio for the fiscal year that ended in Mar. 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
	=	(16407.139	+	8453.289)	/	79761.289
	=	0.31

Seed Co'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
	=	(0	+	133260)	/	396380
	=	0.34

Seed Co (XZIM:SEED.ZW) 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.

Seed Co Debt-to-Equity Related Terms

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

Seed Co (XZIM:SEED.ZW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Seed Co Ltd (XZIM:SEED.ZW) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Shamwari Road, Stapleford, Westgate, P.O. Box WGT 64, Harare, ZWE

Website

https://www.seedcogroup.com

Seed Co Ltd is engaged in the business of processing agricultural seeds. The company is involved in the breeding, multiplication, and distribution of mainly hybrid seed varieties for crops such as maize, wheat, soya beans, sugar beans, cowpeas, sorghum, groundnuts, and vegetables. It generates maximum revenue from the maize crop.

Seed Co (XZIM:SEED.ZW) Headlines

No Headlines