South Dakota Soybean Processors LLC (South Dakota Soybean Processors LLC) Debt-to-Equity : 0.21 (As of Dec. 2023)

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What is South Dakota Soybean Processors LLC Debt-to-Equity?

South Dakota Soybean Processors LLC's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $18.53 Mil. South Dakota Soybean Processors LLC's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $22.83 Mil. South Dakota Soybean Processors LLC's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $197.49 Mil. South Dakota Soybean Processors LLC's debt to equity for the quarter that ended in Dec. 2023 was 0.21.

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 South Dakota Soybean Processors LLC's Debt-to-Equity or its related term are showing as below:

SDSYA's Debt-to-Equity is not ranked ^*
in the Consumer Packaged Goods industry.
Industry Median: 0.4
* Ranked among companies with meaningful Debt-to-Equity only.

South Dakota Soybean Processors LLC Debt-to-Equity Historical Data

The historical data trend for South Dakota Soybean Processors LLC'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.

South Dakota Soybean Processors LLC Debt-to-Equity Chart

South Dakota Soybean Processors LLC Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

N/A

0.32

0.29

0.21

South Dakota Soybean Processors LLC Quarterly Data
	Dec20	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial					0.29	0.77	0.58	0.28	0.21

Competitive Comparison of South Dakota Soybean Processors LLC's Debt-to-Equity

For the Packaged Foods subindustry, South Dakota Soybean Processors LLC'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.

South Dakota Soybean Processors LLC's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, South Dakota Soybean Processors LLC's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where South Dakota Soybean Processors LLC's Debt-to-Equity falls into.

South Dakota Soybean Processors LLC Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

South Dakota Soybean Processors LLC'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
	=	(18.527	+	22.828)	/	197.494
	=	0.21

South Dakota Soybean Processors LLC'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
	=	(18.527	+	22.828)	/	197.494
	=	0.21

South Dakota Soybean Processors LLC (OTCPK:SDSYA) 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.

South Dakota Soybean Processors LLC Debt-to-Equity Related Terms

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South Dakota Soybean Processors LLC (South Dakota Soybean Processors LLC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » South Dakota Soybean Processors LLC (OTCPK:SDSYA) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

100 Caspian Avenue, PO Box 500, Volga, SD, USA, 57071

Website

https://www.sdsbp.com

South Dakota Soybean Processors LLC owns and operates a soybean processing plant and a soybean oil refinery. It is engaged in processing locally grown soybeans into soybean meal and soybean oil. The company offers the soybean meal to resellers, feed mills, and livestock producers as livestock feed. The Company principally generate revenue from merchandising and transporting manufactured agricultural products used as ingredients in food, feed, energy and industrial products. The Company generates most of its revenue by selling soybean meals in USA.

South Dakota Soybean Processors LLC (South Dakota Soybean Processors LLC) Headlines

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