Smart Employee Benefits (TSXV:SEB) Debt-to-Equity : -1.89 (As of Aug. 2022)

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What is Smart Employee Benefits Debt-to-Equity?

Smart Employee Benefits's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Aug. 2022 was C$16.47 Mil. Smart Employee Benefits's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Aug. 2022 was C$24.79 Mil. Smart Employee Benefits's Total Stockholders Equity for the quarter that ended in Aug. 2022 was C$-21.88 Mil. Smart Employee Benefits's debt to equity for the quarter that ended in Aug. 2022 was -1.89.

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 Smart Employee Benefits's Debt-to-Equity or its related term are showing as below:

TSXV:SEB's Debt-to-Equity is not ranked ^*
in the Software industry.
Industry Median: 0.21
* Ranked among companies with meaningful Debt-to-Equity only.

Smart Employee Benefits Debt-to-Equity Historical Data

The historical data trend for Smart Employee Benefits'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.

Smart Employee Benefits Debt-to-Equity Chart

Smart Employee Benefits Annual Data

Trend

Nov12

Nov13

Nov14

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Debt-to-Equity

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7.80

-2.85

-1.46

-1.82

-1.60

Smart Employee Benefits Quarterly Data
	Nov17	Feb18	May18	Aug18	Nov18	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22
Debt-to-Equity	Get a 7-Day Free Trial															-1.78	-1.60	-1.71	-1.76	-1.89

Competitive Comparison of Smart Employee Benefits's Debt-to-Equity

For the Information Technology Services subindustry, Smart Employee Benefits'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.

Smart Employee Benefits's Debt-to-Equity Distribution in the Software Industry

For the Software industry and Technology sector, Smart Employee Benefits's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Smart Employee Benefits's Debt-to-Equity falls into.

Smart Employee Benefits Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Smart Employee Benefits's Debt to Equity Ratio for the fiscal year that ended in Nov. 2021 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
	=	(7.313	+	19.471)	/	-16.776
	=	-1.60

Smart Employee Benefits's Debt to Equity Ratio for the quarter that ended in Aug. 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
	=	(16.466	+	24.786)	/	-21.878
	=	-1.89

Smart Employee Benefits (TSXV:SEB) 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.

Smart Employee Benefits Debt-to-Equity Related Terms

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

Smart Employee Benefits (TSXV:SEB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Smart Employee Benefits Inc (TSXV:SEB) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

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Address

5500 Explorer Drive, 4th Floor, Mississauga, ON, CAN, L4W 5C7

Website

https://www.seb-inc.com

Smart Employee Benefits Inc is a Canadian technology company providing software-enabled services in the areas of healthcare transaction processing, software solutions, and professional services for corporate and government clients. The company's business segments are Benefits and Technology. Its Benefits segment provides software, solutions, services, and products focused on managing group benefit and wellness solutions and healthcare claims processing environments for corporate and government clients. The Technology segment provides solutions in the areas of supply change management, integration, and energy, as well as training and resource provisioning. It earns most of its revenue from the Technology segment.