Summer Infant (Summer Infant) Debt-to-Equity : -40.60 (As of Mar. 2022)

View and export this data going back to 2007. Start your Free Trial

What is Summer Infant Debt-to-Equity?

Summer Infant's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2022 was $5.5 Mil. Summer Infant's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2022 was $46.5 Mil. Summer Infant's Total Stockholders Equity for the quarter that ended in Mar. 2022 was $-1.3 Mil. Summer Infant's debt to equity for the quarter that ended in Mar. 2022 was -40.60.

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

SUMR's Debt-to-Equity is not ranked ^*
in the Consumer Packaged Goods industry.
Industry Median: 0.41
* Ranked among companies with meaningful Debt-to-Equity only.

Summer Infant Debt-to-Equity Historical Data

The historical data trend for Summer Infant'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.

Summer Infant Debt-to-Equity Chart

Summer Infant Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Debt-to-Equity

Get a 7-Day Free Trial

3.08

3.45

4.91

9.18

6.54

Summer Infant Quarterly Data
	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22
Debt-to-Equity	Get a 7-Day Free Trial															8.51	6.04	6.98	21.25	-40.60

Competitive Comparison of Summer Infant's Debt-to-Equity

For the Household & Personal Products subindustry, Summer Infant'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.

Summer Infant's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Summer Infant's Debt-to-Equity distribution charts can be found below:

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

Summer Infant Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Summer Infant's Debt to Equity Ratio for the fiscal year that ended in Dec. 2020 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
	=	(4.474	+	29.029)	/	5.12
	=	6.54

Summer Infant's Debt to Equity Ratio for the quarter that ended in Mar. 2022 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
	=	(5.484	+	46.522)	/	-1.281
	=	-40.60

Summer Infant (NAS:SUMR) 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.

Summer Infant Debt-to-Equity Related Terms

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

Summer Infant (Summer Infant) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Summer Infant Inc (NAS:SUMR) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

1275 Park East Drive, Woonsocket, RI, USA, 02895

Website

https://www.summerinfant.com

Summer Infant Inc is an infant and juvenile products company. It manufactures juvenile safety and infant care products. The product categories include monitoring, safety, nursery, baby gear, and feeding products. The company markets its products under the Summer Infant, SwaddleMe, and Born Free brand names. The entity sells its products in the United States and other countries, of which a majority of the revenue is derived from the United States.

Executives

Jason P Macari	10 percent owner	10 HANNAH DRIVE CUMBERLAND RI 02864
Andrew Michael Train	director	C/O SUMMER INFANT, INC. 1275 PARK EAST DRIVE WOONSOCKET RI 02895
Bruce Meier	officer: Interim CFO	C/O SUMMER INFANT, INC. 1275 PARK EAST DRIVE WOONSOCKET RI 02895
Wynnefield Partners Small Cap Value Lp	10 percent owner	450 SEVENTH AVENUE, SUITE 509, NEW YORK NY 10123
Nelson Obus	10 percent owner
Wynnefield Capital Management Llc	10 percent owner	450 SEVENTH AVE, STE 509, NEW YORK NY 10123
Wynnefield Partners Small Cap Value Lp I	10 percent owner	450 SEVENTH AVENUE, SUITE 509, NEW YORK NY 10123
Joshua Landes	10 percent owner
Wynnefield Capital, Inc. Profit Sharing Plan	10 percent owner	450 SEVENTH AVENUE, SUITE 509, NEW YORK NY 10123
Wynnefield Capital Inc	10 percent owner	450 SEVENTH AVE, STE 509, NEW YORK NY 10123
Wynnefield Small Cap Value Offshore Fund Ltd	10 percent owner	450 SEVENTH AVE, STE 509, NEW YORK NY 10123
Stuart Noyes	officer: Interim CEO	C/O SUMMER INFANT, INC. 1275 PARK EAST DRIVE WOONSOCKET RI 02895
An Evelyn D	director	1301 NE 103RD STREET, MIAMI SHORES FL 33138
Alan Mustacchi	director	C/O SUMMER INFANT, INC. 1275 PARK EAST DRIVE WOONSOCKET RI 02895
Paul Francese	officer: Chief Financial Officer	C/O SUMMER INFANT, INC. 1275 PARK EAST DRIVE WOONSOCKET RI 02895