SIR Royaltyome Fund (TSX:SRV.UN) Debt-to-Equity : 0.00 (As of Dec. 2023)

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What is SIR Royaltyome Fund Debt-to-Equity?

SIR Royaltyome Fund's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$0.00 Mil. SIR Royaltyome Fund's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$0.00 Mil. SIR Royaltyome Fund's Total Stockholders Equity for the quarter that ended in Dec. 2023 was C$85.48 Mil. SIR Royaltyome Fund's debt to equity for the quarter that ended in Dec. 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 SIR Royaltyome Fund's Debt-to-Equity or its related term are showing as below:

TSX:SRV.UN's Debt-to-Equity is not ranked ^*
in the Restaurants industry.
Industry Median: 0.945
* Ranked among companies with meaningful Debt-to-Equity only.

SIR Royaltyome Fund Debt-to-Equity Historical Data

The historical data trend for SIR Royaltyome Fund'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.

SIR Royaltyome Fund Debt-to-Equity Chart

SIR Royaltyome Fund Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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SIR Royaltyome Fund 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	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of SIR Royaltyome Fund's Debt-to-Equity

For the Restaurants subindustry, SIR Royaltyome Fund'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.

SIR Royaltyome Fund's Debt-to-Equity Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, SIR Royaltyome Fund's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where SIR Royaltyome Fund's Debt-to-Equity falls into.

SIR Royaltyome Fund Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

SIR Royaltyome Fund'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	+	0)	/	85.483
	=	0.00

SIR Royaltyome Fund'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	+	0)	/	85.483
	=	0.00

SIR Royaltyome Fund (TSX:SRV.UN) 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.

SIR Royaltyome Fund Debt-to-Equity Related Terms

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

SIR Royaltyome Fund (TSX:SRV.UN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » SIR Royalty Income Fund (TSX:SRV.UN) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

SIRZF:USA

Address

5360 South Service Road, Suite 200, Burlington, ON, CAN, L7L 5L1

Website

https://www.sircorp.com

SIR Royalty Income Fund (The fund) holds an investment in SIR (Service Inspired Restaurant) Corp. The company is a privately held corporation that owns and operates a diverse portfolio of restaurants in Canada. It has concept restaurant brands, including Jack Astor's Bar and Grill, Scaddabush Italian Kitchen & Bar; and SIR's signature restaurant brands, including Reds Wine Tavern, Reds Midtown Tavern, Reds Square One, and The Loose Moose. The fund receives distribution income from its investment in the Partnership and interest income from the SIR Loan. It generates revenue through the license and royalty agreement from its investments in partnership.

SIR Royaltyome Fund (TSX:SRV.UN) Headlines

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