Seafarer Exploration (Seafarer Exploration) Debt-to-Equity

: -1.12 (As of Dec. 2023)

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Seafarer Exploration's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1.73 Mil. Seafarer Exploration's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.11 Mil. Seafarer Exploration's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $-1.64 Mil. Seafarer Exploration's debt to equity for the quarter that ended in Dec. 2023 was -1.12.

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

SFRX' s Debt-to-Equity Range Over the Past 10 Years
Min: -4.75 Med: -0.86 Max: -0.72
Current: -1.12

During the past 13 years, the highest Debt-to-Equity Ratio of Seafarer Exploration was -0.72. The lowest was -4.75. And the median was -0.86.

SFRX's Debt-to-Equity is not ranked
in the Business Services industry.
Industry Median: 0.4 vs SFRX: -1.12

Seafarer Exploration Debt-to-Equity Historical Data

The historical data trend for Seafarer Exploration'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.

Seafarer Exploration Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

-4.75

-1.21

-0.75

-0.72

-1.12

Seafarer Exploration 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																-0.72	-0.77	-0.76	-1.06	-1.12

Competitive Comparison

For the Specialty Business Services subindustry, Seafarer Exploration'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.

Seafarer Exploration Debt-to-Equity Distribution

For the Business Services industry and Industrials sector, Seafarer Exploration's Debt-to-Equity distribution charts can be found below:

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

Seafarer Exploration Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Seafarer Exploration'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
	=	(1.726	+	0.112)	/	-1.641
	=	-1.12

Seafarer Exploration'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
	=	(1.726	+	0.112)	/	-1.641
	=	-1.12

Seafarer Exploration (OTCPK:SFRX) 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.

Seafarer Exploration Debt-to-Equity Related Terms

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Seafarer Exploration (Seafarer Exploration) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Seafarer Exploration Corp (OTCPK:SFRX) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

14497 N. Dale Mabry Highway, Suite 209-N, Tampa, FL, USA, 33618

Website

https://seafarerexplorationcorp.com

Seafarer Exploration Corp is an underwater research, exploration and recovery company. It develops the infrastructure to engage in the archaeologically sensitive exploration and recovery of historic shipwrecks. The company is engaged in the archaeologically sensitive exploration, documentation, and recovery of historic shipwrecks with the objective of exploring and discovering Colonial-era shipwrecks. Its operating segment includes Blockchain LogisTech, LLC and Seafarer Exploration Corp. The company derives a majority of its revenue from Seafarer Exploration Corp.

Executives

Charles Branscum	director	199 JONES DRIVE, BATESVILLE AR 72501
Bradford S Clark	director	1603 STONEHENGE PLACE, LITTLE ROCK AR 72212
Thomas B Soeder	director	1413 MAYESVILLE WAY, THE VILLAGES FL 32162
Robert L. Kennedy	director	41 TIMBERLANE TRAIL, CONWAY AR 72034-3611
Micah James Eldred	10 percent owner	15500 ROOSEVELT BLVD., SUITE 303, CLEARWATER FL 33760
Pelle Ojasu	director	14497 N. DALE MABRY HIGHWAY, SUITE 209N, TAMPA FL 33618
Credo Argentarius, L.l.c.	10 percent owner	17547 HUGH LANE, LAND O LAKES FL 34638
Linda Gail Kennedy	10 percent owner	17547 HUGH LANE, LAND O LAKES FL 34638
Solar Funding Solutions Corp.	10 percent owner	140 ISLAND WAY, NO. 252, CLEARWATER BEACH FL 33767
Seth M Shaw	director, officer: CEO, President	55 W 25 STREET, APT 33A, NEW YORK NY 10010