SUIC Worldwide Holdings (SUIC Worldwide Holdings) Debt-to-Equity

: -9.12 (As of Dec. 2023)

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SUIC Worldwide Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.11 Mil. SUIC Worldwide Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.28 Mil. SUIC Worldwide Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $-0.04 Mil. SUIC Worldwide Holdings's debt to equity for the quarter that ended in Dec. 2023 was -9.12.

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 SUIC Worldwide Holdings's Debt-to-Equity or its related term are showing as below:

SUIC' s Debt-to-Equity Range Over the Past 10 Years
Min: -9.12 Med: -2.34 Max: 1.55
Current: -9.12

During the past 13 years, the highest Debt-to-Equity Ratio of SUIC Worldwide Holdings was 1.55. The lowest was -9.12. And the median was -2.34.

SUIC's Debt-to-Equity is not ranked
in the Software industry.
Industry Median: 0.21 vs SUIC: -9.12

SUIC Worldwide Holdings Debt-to-Equity Historical Data

The historical data trend for SUIC Worldwide Holdings'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.

SUIC Worldwide Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

-2.34

-4.22

-8.25

-7.81

-9.12

SUIC Worldwide Holdings 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																-7.81	-29.00	-42.18	-77.67	-9.12

Competitive Comparison

For the Information Technology Services subindustry, SUIC Worldwide Holdings'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.

SUIC Worldwide Holdings Debt-to-Equity Distribution

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

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

SUIC Worldwide Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

SUIC Worldwide Holdings'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
	=	(0.113	+	0.279)	/	-0.043
	=	-9.12

SUIC Worldwide Holdings'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
	=	(0.113	+	0.279)	/	-0.043
	=	-9.12

SUIC Worldwide Holdings (OTCPK:SUIC) 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.

SUIC Worldwide Holdings Debt-to-Equity Related Terms

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SUIC Worldwide Holdings (SUIC Worldwide Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » SUIC Worldwide Holdings Ltd (OTCPK:SUIC) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

136-20 38th Avenue, Unit 3G, Flushing, NY, USA, 11354

Website

https://www.sinounitedco.com

SUIC Worldwide Holdings Ltd provides research and development, venture financing for, and investing in private enterprises and the public sector that develops products and services adopting core capabilities of the Internet of Things, cloud computing, mobile payment, Big Data, Blockchain, and Artificial Intelligence, to enhance and streamline existing processes, and establish new and exciting business models that will create revolutionary products and services.

Executives

Jianye Wang	10 percent owner	47 HUAGONG ROAD, ZHAO DONG CITY, HEILONGJIANG F4 151100
Haipeng Wang	director, 10 percent owner, officer: VP, Global Energy Services	136-20 39TH AVENUE, UNIT 3G, FLUSHING NY 11354