Sachem Capital (Sachem Capital) Debt-to-Equity : 1.50 (As of Dec. 2023)

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What is Sachem Capital Debt-to-Equity?

Sachem Capital's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $61.79 Mil. Sachem Capital's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $284.10 Mil. Sachem Capital's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $230.08 Mil. Sachem Capital's debt to equity for the quarter that ended in Dec. 2023 was 1.50.

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

SACH' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.19 Med: 0.6 Max: 1.72
Current: 1.5

During the past 10 years, the highest Debt-to-Equity Ratio of Sachem Capital was 1.72. The lowest was 0.19. And the median was 0.60.

SACH's Debt-to-Equity is ranked worse than
82.17% of 673 companies
in the REITs industry
Industry Median: 0.78 vs SACH: 1.50

Sachem Capital Debt-to-Equity Historical Data

The historical data trend for Sachem Capital'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.

Sachem Capital Debt-to-Equity Chart

Sachem Capital Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.68

1.72

1.08

1.31

1.50

Sachem Capital Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															1.31	1.29	1.42	1.42	1.50

Competitive Comparison of Sachem Capital's Debt-to-Equity

For the REIT - Mortgage subindustry, Sachem Capital'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.

Sachem Capital's Debt-to-Equity Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Sachem Capital's Debt-to-Equity distribution charts can be found below:

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

Sachem Capital Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Sachem Capital'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
	=	(61.792	+	284.099)	/	230.075
	=	1.50

Sachem Capital's Debt to Equity Ratio for the quarter 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
	=	(61.792	+	284.099)	/	230.075
	=	1.50

Sachem Capital (AMEX:SACH) 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.

Sachem Capital Debt-to-Equity Related Terms

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

Sachem Capital (Sachem Capital) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Sachem Capital Corp (AMEX:SACH) » Definitions » Debt-to-Equity

Comparable Companies

SEVN AAIC AJX MITT LFT EARN AOMR GPMT CHMI ACR NLY STWD AGNC RITM BXMT ABR RC CMTG ARI LADR

Traded in Other Exchanges

SACHpA.PFD:USA

Address

538 East Main Street, Branford, CT, USA, 06405

Website

https://www.sachemcapitalcorp.com

Sachem Capital Corp is a United States-based real estate investment trust. The company specializes in originating, underwriting, funding, servicing, and managing a portfolio of short-term loans secured by first mortgage liens on real property located in Connecticut. Its primary objective is to grow the loan portfolio while protecting and preserving capital in a manner that provides for attractive risk-adjusted returns to shareholders over the long term through dividends. The company earns majority of its revenue through Interest income from loans.

Executives

Leslie Bernhard	director	C/O ADSTAR, INC., 488 S. ROYAL LANE, COPPELL TX 75019
Brian A Prinz	director	C/O SACHEM CAPITAL CORP., 23 LAUREL, BRANFORD CT 06405
Arthur L Goldberg	director	C/O MILESTONE SCIENTIFIC INC., 220 SOUTH ORANGE AVENUE, LIVINGSTON NJ 07039
William C Haydon	officer: See Remarks	C/O SACHEM CAPITAL CORP., 698 MAIN STREET, BRANFORD CT 06405
John E Warch	officer: See Remarks	FALCON FINANCIAL INVESTMENT TRUST, 15 COMMERCE RD, STAMFORD CT 06902
John L. Villano	director, officer: Chairman, CEO, President & CFO	23 LAUREL STREET, BRANFORD CT 06405
Peter J Cuozzo	officer: EVP and COO	C/O SACHEM CAPITAL CORP., 698 MAIN STREET, BRANFORD CT 06405
Jeffrey C Villano	director, 10 percent owner, officer: President,co-CEO and Treasurer	23 LAUREL STREET, BRANFORD CT 06405

Sachem Capital (Sachem Capital) Headlines

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