Smoore International Holdings (Smoore International Holdings) Debt-to-Equity : 0.04 (As of Dec. 2023)

View and export this data going back to 2020. Start your Free Trial

What is Smoore International Holdings Debt-to-Equity?

Smoore International Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $71.63 Mil. Smoore International Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $37.11 Mil. Smoore International Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $2,998.46 Mil. Smoore International Holdings's debt to equity for the quarter that ended in Dec. 2023 was 0.04.

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

SMHRY' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03 Med: 0.08 Max: 1.14
Current: 0.04

During the past 8 years, the highest Debt-to-Equity Ratio of Smoore International Holdings was 1.14. The lowest was 0.03. And the median was 0.08.

SMHRY's Debt-to-Equity is ranked better than
91.89% of 37 companies
in the Tobacco Products industry
Industry Median: 0.28 vs SMHRY: 0.04

Smoore International Holdings Debt-to-Equity Historical Data

The historical data trend for Smoore International 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.

Smoore International Holdings Debt-to-Equity Chart

Smoore International Holdings Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

1.14

0.03

0.04

0.03

0.04

Smoore International Holdings Semi-Annual Data
	Dec16	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial								0.04	0.06	0.03	0.02	0.04

Competitive Comparison of Smoore International Holdings's Debt-to-Equity

For the Tobacco subindustry, Smoore International 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.

Smoore International Holdings's Debt-to-Equity Distribution in the Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, Smoore International Holdings's Debt-to-Equity distribution charts can be found below:

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

Smoore International Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Smoore International 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
	=	(71.628	+	37.108)	/	2998.461
	=	0.04

Smoore International 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
	=	(71.628	+	37.108)	/	2998.461
	=	0.04

Smoore International Holdings (OTCPK:SMHRY) 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.

Smoore International Holdings Debt-to-Equity Related Terms

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

Smoore International Holdings (Smoore International Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Tobacco Products » Smoore International Holdings Ltd (OTCPK:SMHRY) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

SMORF:USA 06969:Hong Kong

Address

Gushu Community, Xixiang Street, No. 16, Dongcai Industrial Zone, Bao’an District, Guangdong, Shenzhen, CHN

Website

https://www.smooreholdings.com

Smoore International Holdings Ltd offers vaping technology solutions, including manufacturing vaping devices and vaping components for Heat-not-burn products. It operates in three segments namely research, design and manufacturing of closed-system vaping devices and vaping components for tobacco companies and independent vaping companies, and research, design, manufacturing, and sale of self-branded open-system vaping devices, or APV, for retail clients and new business such as atomization in medical treatment to provide patients with inhalation drug delivery products on a basis of atomization technology. The company generates maximum revenue from Vaping devices and components, other than APV.