Symphony Environmental Technologies (LSE:SYM) Debt-to-Equity : 5.64 (As of Jun. 2024)

View and export this data going back to 2001. Start your Free Trial

What is Symphony Environmental Technologies Debt-to-Equity?

Symphony Environmental Technologies's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was £0.65 Mil. Symphony Environmental Technologies's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was £1.54 Mil. Symphony Environmental Technologies's Total Stockholders Equity for the quarter that ended in Jun. 2024 was £0.39 Mil. Symphony Environmental Technologies's debt to equity for the quarter that ended in Jun. 2024 was 5.64.

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

LSE:SYM' s Debt-to-Equity Range Over the Past 10 Years
Min: -8.76 Med: 0.34 Max: 5.64
Current: 5.64

During the past 13 years, the highest Debt-to-Equity Ratio of Symphony Environmental Technologies was 5.64. The lowest was -8.76. And the median was 0.34.

LSE:SYM's Debt-to-Equity is ranked worse than
99.16% of 359 companies
in the Packaging & Containers industry
Industry Median: 0.43 vs LSE:SYM: 5.64

Symphony Environmental Technologies Debt-to-Equity Historical Data

The historical data trend for Symphony Environmental 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.

Symphony Environmental Technologies Debt-to-Equity Chart

Symphony Environmental Technologies Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.28

0.35

0.34

1.37

-8.76

Symphony Environmental Technologies Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Debt-to-Equity	Get a 7-Day Free Trial															0.74	1.37	3.16	-8.76	5.64

Competitive Comparison of Symphony Environmental Technologies's Debt-to-Equity

For the Packaging & Containers subindustry, Symphony Environmental 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.

Symphony Environmental Technologies's Debt-to-Equity Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Symphony Environmental Technologies's Debt-to-Equity distribution charts can be found below:

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

Save Embed

;

Save Embed

;

Symphony Environmental Technologies Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Symphony Environmental Technologies's Debt to Equity Ratio for the fiscal year 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
	=	(3.457	+	0.047)	/	-0.4
	=	-8.76

Symphony Environmental Technologies's Debt to Equity Ratio for the quarter that ended in Jun. 2024 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
	=	(0.652	+	1.535)	/	0.388
	=	5.64

Symphony Environmental Technologies (LSE:SYM) 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.

Symphony Environmental Technologies Debt-to-Equity Related Terms

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

Symphony Environmental Technologies Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Symphony Environmental Technologies PLC (LSE:SYM) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

XP7:Germany

Address

6 Elstree Gate, Elstree Way, Borehamwood, Hertfordshire, GBR, WD6 1JD

Website

https://www.symphonyenvironmental.com

Symphony Environmental Technologies PLC develops and markets environmental plastic products. It has developed a protective plastic technology under the d2p (designed to protect) brand, which offers extra protection from bacteria, insects, fungi, algae, odor, fouling, and fire. Its products include d2w a masterbatch system that turns ordinary plastic into a material with a different molecular structure, d2Detector is a portable XRF that determines whether a plastic product contains d2w, d2p offers extra protection to plastic products, and d2t offers a tracer system to determine the authenticity of plastic packaging and other plastic products. Its geographic areas are the United Kingdom, Europe, the Americas, the Middle East and Asia, and Africa.