Site Group International (ASX:SIT) Debt-to-Equity : 0.77 (As of Dec. 2023)

View and export this data going back to 1987. Start your Free Trial

What is Site Group International Debt-to-Equity?

Site Group International's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$0.55 Mil. Site Group International's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$0.86 Mil. Site Group International's Total Stockholders Equity for the quarter that ended in Dec. 2023 was A$1.84 Mil. Site Group International's debt to equity for the quarter that ended in Dec. 2023 was 0.77.

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

ASX:SIT' s Debt-to-Equity Range Over the Past 10 Years
Min: -12.73 Med: 0.03 Max: 3.19
Current: 0.77

During the past 13 years, the highest Debt-to-Equity Ratio of Site Group International was 3.19. The lowest was -12.73. And the median was 0.03.

ASX:SIT's Debt-to-Equity is ranked worse than
69.06% of 223 companies
in the Education industry
Industry Median: 0.34 vs ASX:SIT: 0.77

Site Group International Debt-to-Equity Historical Data

The historical data trend for Site Group International'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.

Site Group International Debt-to-Equity Chart

Site Group International Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Debt-to-Equity

Get a 7-Day Free Trial

-1.58

-2.26

-1.02

-0.83

0.41

Site Group International Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															-0.98	-0.83	-12.73	0.41	0.77

Competitive Comparison of Site Group International's Debt-to-Equity

For the Education & Training Services subindustry, Site Group International'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.

Site Group International's Debt-to-Equity Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Site Group International's Debt-to-Equity distribution charts can be found below:

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

Site Group International Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Site Group International's Debt to Equity Ratio for the fiscal year that ended in Jun. 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
	=	(0.489	+	0.574)	/	2.567
	=	0.41

Site Group International'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
	=	(0.546	+	0.863)	/	1.839
	=	0.77

Site Group International (ASX:SIT) 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.

Site Group International Debt-to-Equity Related Terms

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

Site Group International (ASX:SIT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Site Group International Ltd (ASX:SIT) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

488 Queen Street, Level 2, Brisbane, QLD, AUS, 4000

Website

https://www.site.edu.au

Site Group International Ltd is engaged in education services in Australia and internationally. It delivers workforce solutions across a variety of industries to both retail and corporate clients. Its segments include Site Skills Training - International, which operates a facility at Clark Freeport Zone in the Philippines, Energy Services, which refers to the establishment of specialised energy training and services, and Tertiary Education, which delivers Diploma and certificate level courses at Site's campuses in Australia. It provides vocational training and assessment services for candidates in the mining and processing, oil and gas, construction, camp services, hospitality, and logistics sectors. The majority of revenue is derived from Site Skills Training.

Site Group International (ASX:SIT) Headlines

No Headlines