SGLS (Signature Leisure) Debt-to-Equity: -0.15 (As of Sep. 2008)

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What is Signature Leisure Debt-to-Equity?

Signature Leisure SGLS -99.00% Debt-to-Equity is -0.15 as of Sep. 2008.

Signature Leisure's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2008 was $0.13 Mil. Signature Leisure's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2008 was $0.00 Mil. Signature Leisure's Total Stockholders Equity for the quarter that ended in Sep. 2008 was $-0.89 Mil. Signature Leisure's debt to equity for the quarter that ended in Sep. 2008 was -0.15.

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 Signature Leisure's Debt-to-Equity or its related term are showing as below:

SGLS's Debt-to-Equity is not ranked *
in the Vehicles & Parts industry.
Industry Median: 0.46
* Ranked among companies with meaningful Debt-to-Equity only.

Signature Leisure  (OTCPK:SGLS) 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.

Signature Leisure Debt-to-Equity Related Terms

Signature Leisure Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Signature Leisure'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.

Signature Leisure Debt-to-Equity Chart

Signature Leisure Annual Data
Trend Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07
Debt-to-Equity
Get a 7-Day Free Trial 0.00 -0.98 -1.04 -1.25 -0.23

Signature Leisure Quarterly Data
Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08
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 2.74 -0.23 -0.42 -0.48 -0.15

SGLS vs ETFM, CALI, ACCA: Debt-to-Equity Comparison

For the Auto & Truck Dealerships subindustry, Signature Leisure'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.

Signature Leisure Debt-to-Equity vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Signature Leisure's Debt-to-Equity distribution charts can be found below:

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


Signature Leisure Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Signature Leisure's Debt to Equity Ratio for the fiscal year that ended in Dec. 2007 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
=(0.148 + 0) / -0.641
=-0.23

Signature Leisure's Debt to Equity Ratio for the quarter that ended in Sep. 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
=(0.13 + 0) / -0.894
=-0.15

* 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 -0.15 mean?
Signature Leisure (SGLS) has a Debt-to-Equity of -0.15 as of Sep. 2008. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Signature Leisure and its competitors.
Is Signature Leisure's Debt-to-Equity too high?
Signature Leisure's current Debt-to-Equity is -0.15.
How does Signature Leisure's Debt-to-Equity compare to ETFM and CALI?
Signature Leisure's Debt-to-Equity of -0.15 can be compared against companies in the Vehicles & Parts industry. The industry median Debt-to-Equity is 0.46. 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 Vehicles & Parts company?
The median Debt-to-Equity among Vehicles & Parts companies is 0.46, based on 1,217 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 Signature Leisure and its competitors. For the Vehicles & Parts industry, the median Debt-to-Equity is 0.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Signature Leisure's current Debt-to-Equity is -0.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Signature Leisure stock overvalued right now?
Signature Leisure (SGLS) has a current Debt-to-Equity of -0.15. The current Debt-to-Equity is -0.15. 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 Signature Leisure (SGLS), the current Debt-to-Equity is -0.15 as of Sep. 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.

Signature Leisure Business Description

Address 100 Candace Drive, Suite 100, Maitland, FL, USA, 32751
Signature Leisure Inc's current business includes operations of Parker Productions, a modeling and event staffing business, E Cubed Technologies, an information technology services company and Signature Auto, an independent dealer in motor vehicles.