SGMD (Sugarmade) Debt-to-Equity: -2.06 (As of Jun. 2023)

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SGMD Sugarmade Inc SGMD
12 GF Score
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What is Sugarmade Debt-to-Equity?

Sugarmade SGMD 12 Debt-to-Equity is -2.06 as of Jun. 2023. GuruFocus rates SGMD with a GF Score™ of 12/100.

Sugarmade's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $5.07 Mil. Sugarmade's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $5.66 Mil. Sugarmade's Total Stockholders Equity for the quarter that ended in Jun. 2023 was $-4.68 Mil. Sugarmade's debt to equity for the quarter that ended in Jun. 2023 was -2.29.

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

SGMD's Debt-to-Equity is not ranked *
in the Forest Products industry.
Industry Median: 0.495
* Ranked among companies with meaningful Debt-to-Equity only.

Sugarmade  (OTCPK:SGMD) 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.

Sugarmade Debt-to-Equity Related Terms

Sugarmade Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Sugarmade'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.

Sugarmade Debt-to-Equity Chart

Sugarmade Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.09 -0.38 1.54 -3.04 -2.06

Sugarmade Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Jun23
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 -4.51 -3.04 72.30 -2.87 -2.06

SGMD vs CCRD, DHX, WFCF: Debt-to-Equity Comparison

For the Paper & Paper Products subindustry, Sugarmade'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.

Sugarmade Debt-to-Equity vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, Sugarmade's Debt-to-Equity distribution charts can be found below:

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


SGMD
12GF Score
Sugarmade Inc SGMD
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Sugarmade Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Sugarmade'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
=(5.068374 + 5.656454) / -4.683592
=-2.29

Sugarmade's Debt to Equity Ratio for the quarter 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
=(5.068374 + 5.656454) / -4.683592
=-2.29

* 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 -2.06 mean?
Sugarmade (SGMD) has a Debt-to-Equity of -2.06 as of Jun. 2023. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Sugarmade and its competitors.
Is Sugarmade's Debt-to-Equity too high?
Sugarmade's current Debt-to-Equity is -2.06. Overall, Sugarmade has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Sugarmade's Debt-to-Equity compare to CCRD and DHX?
Sugarmade's Debt-to-Equity of -2.06 can be compared against companies in the Forest Products industry. The industry median Debt-to-Equity is 0.50. 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 Forest Products company?
The median Debt-to-Equity among Forest Products companies is 0.50, based on 256 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 Sugarmade and its competitors. For the Forest Products industry, the median Debt-to-Equity is 0.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sugarmade's current Debt-to-Equity is -2.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sugarmade stock overvalued right now?
Sugarmade (SGMD) has a current Debt-to-Equity of -2.06. The current Debt-to-Equity is -2.06. Sugarmade's overall GF Score™ is 12/100. 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 Sugarmade (SGMD), the current Debt-to-Equity is -2.06 as of Jun. 2023. 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.

Sugarmade Business Description

Address 20529 East Walnut Drive North, Walnut, CA, USA, 91789
Sugarmade Inc is engaged in the marketing and distribution of environmentally friendly non-tree-based paper products. It offers products such as double poly paper cups for cold beverages; disposable, clear, plastic cold cups, paper coffee cups, yogurt cups, ice cream cups, cup lids, cup sleeves, food containers, soup containers, plastic spoons, and many other similar products for this market sector. The company operates under through Carry Out Supplies Subsidiary brand. In addition, it is also involved in the manufacturing and distribution of products and technologies that support the legal cultivation and processing of cannabis and other agricultural products.
12GF Score

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Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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