Sunmoon Food Co (SGX:AAJ) Debt-to-Equity : 0.10 (As of Sep. 2023)

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What is Sunmoon Food Co Debt-to-Equity?

Sunmoon Food Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was S$0.63 Mil. Sunmoon Food Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was S$0.12 Mil. Sunmoon Food Co's Total Stockholders Equity for the quarter that ended in Sep. 2023 was S$7.52 Mil. Sunmoon Food Co's debt to equity for the quarter that ended in Sep. 2023 was 0.10.

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 Sunmoon Food Co's Debt-to-Equity or its related term are showing as below:

SGX:AAJ' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.09 Max: 0.57
Current: 0.1

During the past 13 years, the highest Debt-to-Equity Ratio of Sunmoon Food Co was 0.57. The lowest was 0.00. And the median was 0.09.

SGX:AAJ's Debt-to-Equity is ranked better than
84.29% of 280 companies
in the Retail - Defensive industry
Industry Median: 0.61 vs SGX:AAJ: 0.10

Sunmoon Food Co Debt-to-Equity Historical Data

The historical data trend for Sunmoon Food Co'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.

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Sunmoon Food Co Debt-to-Equity Chart

Sunmoon Food Co Annual Data

Trend

Dec13

Dec14

Dec15

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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0.09

0.11

Sunmoon Food Co Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial															0.09	0.09	0.09	0.11	0.10

Competitive Comparison of Sunmoon Food Co's Debt-to-Equity

For the Food Distribution subindustry, Sunmoon Food Co'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.

Sunmoon Food Co's Debt-to-Equity Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Sunmoon Food Co's Debt-to-Equity distribution charts can be found below:

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

Sunmoon Food Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Sunmoon Food Co's Debt to Equity Ratio for the fiscal year that ended in Mar. 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
	=	(0.608	+	0.009)	/	5.428
	=	0.11

Sunmoon Food Co's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(0.628	+	0.122)	/	7.522
	=	0.10

Sunmoon Food Co (SGX:AAJ) 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.

Sunmoon Food Co Debt-to-Equity Related Terms

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Sunmoon Food Co (SGX:AAJ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Sunmoon Food Co Ltd (SGX:AAJ) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

51 Changi Business Park Central 2, No 03-06 The Signature, Singapore, SGP, 486066

Website

https://www.sunmoonfood.com

Sunmoon Food Co Ltd is the distributor and marketer of branded fresh fruits, vegetables, and consumer products. The company's operating segments include the sales of fruits, vegetables, seafood, meat, aqua-food, agri-food-related products, and any other ancillary products globally. It generates maximum revenue from Sales of fruits, seafood, sheep milk powders, and others. Geographically, it derives a majority of its revenue from China and also has a presence in ASEAN and Others Countries. Its product categories include Fresh Fruits and Consumer Products.

Sunmoon Food Co (SGX:AAJ) Headlines

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