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Sumo Logic (Sumo Logic) Debt-to-Equity : 0.00 (As of Jan. 2023)


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What is Sumo Logic Debt-to-Equity?

Sumo Logic's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2023 was $1.6 Mil. Sumo Logic's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2023 was $0.0 Mil. Sumo Logic's Total Stockholders Equity for the quarter that ended in Jan. 2023 was $375.1 Mil. Sumo Logic's debt to equity for the quarter that ended in Jan. 2023 was 0.00.

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

During the past 6 years, the highest Debt-to-Equity Ratio of Sumo Logic was 0.02. The lowest was 0.00. And the median was 0.01.

SUMO's Debt-to-Equity is not ranked *
in the Software industry.
Industry Median: 0.21
* Ranked among companies with meaningful Debt-to-Equity only.

Sumo Logic Debt-to-Equity Historical Data

The historical data trend for Sumo Logic'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.

Sumo Logic Debt-to-Equity Chart

Sumo Logic Annual Data
Trend Jan18 Jan19 Jan20 Jan21 Jan22 Jan23
Debt-to-Equity
Get a 7-Day Free Trial - - - 0.02 -

Sumo Logic Quarterly Data
Jan18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.02 0.01 0.01 0.01 -

Competitive Comparison of Sumo Logic's Debt-to-Equity

For the Software - Infrastructure subindustry, Sumo Logic'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.


Sumo Logic's Debt-to-Equity Distribution in the Software Industry

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

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



Sumo Logic Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Sumo Logic's Debt to Equity Ratio for the fiscal year that ended in Jan. 2023 is calculated as

Sumo Logic's Debt to Equity Ratio for the quarter that ended in Jan. 2023 is calculated as

* 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.


Sumo Logic  (NAS:SUMO) 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.


Sumo Logic Debt-to-Equity Related Terms

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


Sumo Logic (Sumo Logic) Business Description

Traded in Other Exchanges
N/A
Address
855 Main Street, Suite 100, Redwood City, CA, USA, 94063
Sumo Logic Inc is a software company that empowers the people who power modern, digital businesses. It is engaged in a software-as-a-service analytics platform for reliable and secure cloud-native applications. With its platform, It helps its customers ensure application reliability, secure and protect against modern security threats, and gain insights into their cloud infrastructure. Its multi-tenant, cloud-native platform is Continuous Intelligence Platform, a cloud-native, multi-tenant, secure service that its customers leverage to enable reliability and security of their cloud applications and cloud workloads and provides powerful, real-time, machine data analytics and insights across observability and security solutions. The majority of its revenue is generated in the United States.
Executives
Stewart Grierson officer: Chief Financial Officer C/O RUCKUS WIRELESS, INC., 350 WEST JAVA DRIVE, SUNNYVALE CA 94089
Lynne Doherty Mcdonald officer: President WWD Field Operations 6220 AMERICA CENTER DRIVE, SAN JOSE CA 95002
Suku Krishnaraj Chettiar officer: Chief Marketing Officer 305 MAIN STREET, REDWOOD CITY CA 94063
Ramin Sayar director, officer: See Remarks 305 MAIN STREET, REDWOOD CITY CA 94063
Jennifer Mccord officer: Chief Accounting Officer 305 MAIN STREET, REDWOOD CITY CA 94063
Christian Beedgen director 305 MAIN STREET, REDWOOD CITY CA 94063
Katherine Haar officer: General Counsel and Secretary 305 MAIN STREET, REDWOOD CITY CA 94063
Timothy Youngblood director 305 MAIN STREET, REDWOOD CITY CA 94043
Harkey John D Jr director 305 MAIN STREET, REDWOOD CITY CA 94063
Steven D Fitz officer: Chief Revenue Officer C/O ISILON SYSTEMS, INC., 3101 WESTERN AVENUE, SEATTLE WA 98121
Margaret Francis director 305 MAIN STREET, REDWOOD CITY CA 94063
Sydney Carey officer: Chief Financial Officer 3303 HILLVIEW AVE., PALO ALTO CA 94304
Tracey Newell director 4750 WILLOW ROAD, PLEASANTON CA 94588
Joseph Ansanelli director 305 MAIN STREET, REDWOOD CITY CA 94063
Randy Gottfried director C/O APPDYNAMICS, INC., 303 SECOND STREET, SAN FRANCISCO CA 94107