iSun (ISUN) Debt-to-Equity : 1.26 (As of Dec. 2023)

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What is iSun Debt-to-Equity?

iSun's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $2.42 Mil. iSun's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $14.08 Mil. iSun's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $13.12 Mil. iSun's debt to equity for the quarter that ended in Dec. 2023 was 1.26.

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

ISUN' s Debt-to-Equity Range Over the Past 10 Years
Min: -2.15 Med: 0.36 Max: 1.53
Current: 1.26

During the past 10 years, the highest Debt-to-Equity Ratio of iSun was 1.53. The lowest was -2.15. And the median was 0.36.

ISUN's Debt-to-Equity is ranked worse than
90.59% of 882 companies
in the Semiconductors industry
Industry Median: 0.26 vs ISUN: 1.26

iSun Debt-to-Equity Historical Data

The historical data trend for iSun'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.

iSun Debt-to-Equity Chart

iSun Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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1.53

0.57

0.27

1.08

1.26

iSun 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															1.08	1.09	0.86	0.71	1.26

Competitive Comparison of iSun's Debt-to-Equity

For the Solar subindustry, iSun'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.

iSun's Debt-to-Equity Distribution in the Semiconductors Industry

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

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

iSun Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

iSun'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
	=	(2.416	+	14.076)	/	13.12
	=	1.26

iSun'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
	=	(2.416	+	14.076)	/	13.12
	=	1.26

iSun (NAS:ISUN) 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.

iSun Debt-to-Equity Related Terms

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

iSun (ISUN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » iSun Inc (NAS:ISUN) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

4U1A:Germany

Address

400 Avenue D, Suite 10, Williston, VT, USA, 05495

Website

https://www.isunenergy.com

iSun Inc is a solar energy services and infrastructure deployment company. Its service provides services include solar, storage, and electric vehicle infrastructure, design, development and professional services, engineering, procurement, installation, O&M, and storage. It operates in all solar markets including residential, commercial, industrial, and utility segments.

Executives

Claudia Michel Meer	director	5425 WICKFORD DRIVE, NORTH BETHESDA MD 20852
Frederick Jr Myrick	director, 10 percent owner, officer: Executive Vice President	1 HICKORY LANE, ESSEX JUNCTION VT 05452
Jeffrey Peck	director, 10 percent owner, officer: Chief Executive Officer	618 BRENNAN WOODS DRIVE, WILLISTON VT 05495
John Patrick Sullivan	officer: Chief Financial Officer	97 OVERLAKE PARK, BURLINGTON VT 05401
Michael Paul D'amato	officer: Chief Strategy Officer	208 MIDWOOD STREET, BROOKLYN NY 11225
Daniel Reid Dus	officer: President of iSun Industrial	850 SUMMER ST, M9, LEE MA 01238
Andrew Christian Matthy	director	400 AVENUE D, WILLISTON VT 05495
Merritt Harold Kenneth Jr.	officer: Secretary	C/O ISUN, INC., 400 AVE D, SUITE 10, WILLISTON VT 05495
Sass Peress	officer: Chief Innovation Officer	7501 MOUNTAIN SIGHTS, APT 505, MONTREAL A8 H4P0A8
Mats Wennberg	10 percent owner	240 S PINEAPPLE AVE, STE 701, SARASOTA FL 34236
Joseph A Bobier	other: Member of group that owns 10%	240 S PINEAPPLE AVE, STE 701, SARASOTA FL 34236
Roger G Branton	10 percent owner	240 S PINEAPPLE AVE, STE 701, SARASOTA FL 34236
Richard L Mooers	10 percent owner	240 S PINEAPPLE AVE, STE 701, SARASOTA FL 34236
Douglas Rose	director	802 HITCHING POST RD, VISTA CA 92081
Stewart I. Martin	director	598 SW 16TH STREET, BOCA RATON FL 33432