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Shelly Group (XBUL:SLYG) Debt-to-Equity : 0.03 (As of Sep. 2023)


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What is Shelly Group Debt-to-Equity?

Shelly Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was лв1.0 Mil. Shelly Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was лв1.5 Mil. Shelly Group's Total Stockholders Equity for the quarter that ended in Sep. 2023 was лв96.1 Mil. Shelly Group's debt to equity for the quarter that ended in Sep. 2023 was 0.03.

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 Shelly Group's Debt-to-Equity or its related term are showing as below:

XBUL:SLYG' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03   Med: 0.07   Max: 0.23
Current: 0.03

During the past 6 years, the highest Debt-to-Equity Ratio of Shelly Group was 0.23. The lowest was 0.03. And the median was 0.07.

XBUL:SLYG's Debt-to-Equity is ranked better than
92.8% of 472 companies
in the Conglomerates industry
Industry Median: 0.555 vs XBUL:SLYG: 0.03

Shelly Group Debt-to-Equity Historical Data

The historical data trend for Shelly Group'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.

Shelly Group Debt-to-Equity Chart

Shelly Group Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Debt-to-Equity
Get a 7-Day Free Trial 0.15 0.11 0.06 0.04 0.03

Shelly Group Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.04 0.03 0.03 0.03 0.03

Competitive Comparison of Shelly Group's Debt-to-Equity

For the Conglomerates subindustry, Shelly Group'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.

Shelly Group's Debt-to-Equity Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Shelly Group's Debt-to-Equity distribution charts can be found below:

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


Shelly Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Shelly Group's Debt to Equity Ratio for the fiscal year that ended in Dec. 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
=(0.829 + 1.645) / 79.072
=0.03

Shelly Group's Debt to Equity Ratio for the quarter that ended in Sep. 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
=(1.042 + 1.519) / 96.055
=0.03

* 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.

Shelly Group  (XBUL:SLYG) 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.

Shelly Group Debt-to-Equity Related Terms

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

Shelly Group (XBUL:SLYG) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Shelly Group Plc (XBUL:SLYG) » Definitions » Debt-to-Equity
Comparable Companies
XBUL:IHB XBUL:CHIM XBUL:AGH ADX:IHC HON TSE:8058 TSE:6501 TSE:8031 TSE:8001 MMM ADX:ALPHADHABI HKSE:00267 TSE:8002 TSE:8053 TSE:4901 HKSE:00001 TSE:8015 TSE:6971 BSP:ITSA3 GCARSOA1
Traded in Other Exchanges
SLYG:Germany
Address
103 Cherni Vrah Boulevard, Floor 8, Sofia, BGR, 1407
Website
https://www.allterco.com
Shelly Group Plc formerly Allterco AD is engaged in the acquisition, management, evaluation, and sale of participations in Bulgarian & foreign companies; acquisition, management, and sale of bonds; acquisition, evaluation, sale, and patents. It delivers innovation through designing, producing, and distributing high-quality IoT products. It group manages the business with electronic devices as one operating segment. Its products include Smartwatches, Tracker, and Home automation. It derives the majority of its revenue from the sale of smart devices.
Executives
Dimitar Dimitrov Chief Executive Officer (CEO)