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Sky High (LSE:SKHG) Debt-to-Equity : 0.23 (As of Sep. 2012)


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What is Sky High Debt-to-Equity?

Sky High's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2012 was £0.55 Mil. Sky High's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2012 was £0.07 Mil. Sky High's Total Stockholders Equity for the quarter that ended in Sep. 2012 was £2.70 Mil. Sky High's debt to equity for the quarter that ended in Sep. 2012 was 0.23.

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 Sky High's Debt-to-Equity or its related term are showing as below:

LSE:SKHG's Debt-to-Equity is not ranked *
in the Business Services industry.
Industry Median: 0.37
* Ranked among companies with meaningful Debt-to-Equity only.

Sky High Debt-to-Equity Historical Data

The historical data trend for Sky High'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.

Sky High Debt-to-Equity Chart

Sky High Annual Data
Trend Dec02 Jun04 Jun05 Jun06 Mar07 Mar08 Mar09 Mar10 Mar11 Mar12
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.02 - - 0.02

Sky High Semi-Annual Data
Dec03 Jun04 Dec04 Jun05 Dec05 Jun06 Dec06 Sep07 Mar08 Sep08 Mar09 Sep09 Mar10 Sep10 Mar11 Sep11 Mar12 Sep12
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 - - - 0.02 0.23

Competitive Comparison of Sky High's Debt-to-Equity

For the Specialty Business Services subindustry, Sky High'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.


Sky High's Debt-to-Equity Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Sky High's Debt-to-Equity distribution charts can be found below:

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



Sky High Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Sky High's Debt to Equity Ratio for the fiscal year that ended in Mar. 2012 is calculated as

Sky High's Debt to Equity Ratio for the quarter that ended in Sep. 2012 is calculated as

* 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.


Sky High  (LSE:SKHG) 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.


Sky High Debt-to-Equity Related Terms

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


Sky High (LSE:SKHG) Business Description

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