SCST (Suncast Solar Energy) Debt-to-Equity: -0.47 (As of Dec. 2008)


What is Suncast Solar Energy Debt-to-Equity?

Suncast Solar Energy SCST Debt-to-Equity is -0.47 as of Dec. 2008.

Suncast Solar Energy's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2008 was $0.66 Mil. Suncast Solar Energy's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2008 was $0.40 Mil. Suncast Solar Energy's Total Stockholders Equity for the quarter that ended in Dec. 2008 was $-2.25 Mil. Suncast Solar Energy's debt to equity for the quarter that ended in Dec. 2008 was -0.47.

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 Suncast Solar Energy's Debt-to-Equity or its related term are showing as below:

SCST's Debt-to-Equity is not ranked *
in the Waste Management industry.
Industry Median: 0.62
* Ranked among companies with meaningful Debt-to-Equity only.

Suncast Solar Energy  (OTCPK:SCST) 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.

Suncast Solar Energy Debt-to-Equity Related Terms

Suncast Solar Energy Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Suncast Solar Energy'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.

Suncast Solar Energy Debt-to-Equity Chart

Suncast Solar Energy Annual Data
Trend Jun99 Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.09 -0.14 -0.26 -0.43 -0.47

Suncast Solar Energy Quarterly Data
Jun03 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08
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 -0.43 -0.60 -0.72 -0.69 -0.47

SCST vs ECEZ, CESX, ALAN: Debt-to-Equity Comparison

For the Waste Management subindustry, Suncast Solar Energy'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.

Suncast Solar Energy Debt-to-Equity vs Waste Management Industry

For the Waste Management industry and Industrials sector, Suncast Solar Energy's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Suncast Solar Energy's Debt-to-Equity falls into.


Suncast Solar Energy Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Suncast Solar Energy's Debt to Equity Ratio for the fiscal year that ended in Dec. 2008 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
=(0.662 + 0.396) / -2.25
=-0.47

Suncast Solar Energy's Debt to Equity Ratio for the quarter that ended in Dec. 2008 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
=(0.662 + 0.396) / -2.25
=-0.47

* 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of -0.47 mean?
Suncast Solar Energy (SCST) has a Debt-to-Equity of -0.47 as of Dec. 2008. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Suncast Solar Energy and its competitors.
Is Suncast Solar Energy's Debt-to-Equity too high?
Suncast Solar Energy's current Debt-to-Equity is -0.47.
How does Suncast Solar Energy's Debt-to-Equity compare to ECEZ and CESX?
Suncast Solar Energy's Debt-to-Equity of -0.47 can be compared against companies in the Waste Management industry. The industry median Debt-to-Equity is 0.62. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Waste Management company?
The median Debt-to-Equity among Waste Management companies is 0.62, based on 215 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Suncast Solar Energy and its competitors. For the Waste Management industry, the median Debt-to-Equity is 0.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Suncast Solar Energy's current Debt-to-Equity is -0.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Suncast Solar Energy stock overvalued right now?
Suncast Solar Energy (SCST) has a current Debt-to-Equity of -0.47. The current Debt-to-Equity is -0.47. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Suncast Solar Energy (SCST), the current Debt-to-Equity is -0.47 as of Dec. 2008. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Suncast Solar Energy Business Description

Address 1550 Larimer Street, 306, Denver, CO, USA, 80202
Suncast Solar Energy Inc provides environmental testing and other services within the United States.