Sparc Technologies (ASX:SPN) Debt-to-Equity : 0.09 (As of Dec. 2023)

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What is Sparc Technologies Debt-to-Equity?

Sparc Technologies's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$0.06 Mil. Sparc Technologies's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$0.19 Mil. Sparc Technologies's Total Stockholders Equity for the quarter that ended in Dec. 2023 was A$2.84 Mil. Sparc Technologies's debt to equity for the quarter that ended in Dec. 2023 was 0.09.

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 Sparc Technologies's Debt-to-Equity or its related term are showing as below:

ASX:SPN' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.06 Med: 0.1 Max: 0.15
Current: 0.09

During the past 13 years, the highest Debt-to-Equity Ratio of Sparc Technologies was 0.15. The lowest was 0.06. And the median was 0.10.

ASX:SPN's Debt-to-Equity is ranked better than
78.8% of 1396 companies
in the Chemicals industry
Industry Median: 0.35 vs ASX:SPN: 0.09

Sparc Technologies Debt-to-Equity Historical Data

The historical data trend for Sparc Technologies'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.

Sparc Technologies Debt-to-Equity Chart

Sparc Technologies Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Debt-to-Equity

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0.15

0.11

0.09

Sparc Technologies 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															0.10	0.11	0.06	0.09	0.09

Competitive Comparison of Sparc Technologies's Debt-to-Equity

For the Specialty Chemicals subindustry, Sparc Technologies'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.

Sparc Technologies's Debt-to-Equity Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Sparc Technologies's Debt-to-Equity distribution charts can be found below:

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

Sparc Technologies Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Sparc Technologies'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
	=	(0.122	+	0.194)	/	3.506
	=	0.09

Sparc Technologies'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
	=	(0.062	+	0.194)	/	2.841
	=	0.09

Sparc Technologies (ASX:SPN) 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.

Sparc Technologies Debt-to-Equity Related Terms

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Sparc Technologies (ASX:SPN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Sparc Technologies Ltd (ASX:SPN) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

51 Rundle Street, Kent Town, Adelaide, SA, AUS, 5067

Website

https://www.sparctechnologies.com.au

Sparc Technologies Ltd is focused on the development of technology solutions using the properties of graphene. technology and product areas, namely graphene additive materials in coatings and composites, photocatalytic green hydrogen technology, and sustainable hard carbon anodes for use in sodium-ion batteries.

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