Southern Packaging Group (SGX:BQP) Debt-to-Equity : 0.80 (As of Dec. 2023)

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What is Southern Packaging Group Debt-to-Equity?

Southern Packaging Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was S$62.0 Mil. Southern Packaging Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was S$16.5 Mil. Southern Packaging Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was S$97.6 Mil. Southern Packaging Group's debt to equity for the quarter that ended in Dec. 2023 was 0.80.

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 Southern Packaging Group's Debt-to-Equity or its related term are showing as below:

SGX:BQP' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.42 Med: 0.67 Max: 0.81
Current: 0.8

During the past 13 years, the highest Debt-to-Equity Ratio of Southern Packaging Group was 0.81. The lowest was 0.42. And the median was 0.67.

SGX:BQP's Debt-to-Equity is ranked worse than
73.18% of 343 companies
in the Packaging & Containers industry
Industry Median: 0.45 vs SGX:BQP: 0.80

Southern Packaging Group Debt-to-Equity Historical Data

The historical data trend for Southern Packaging Group'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.

Southern Packaging Group Debt-to-Equity Chart

Southern Packaging Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.68

0.66

0.67

0.72

0.80

Southern Packaging Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.67	0.75	0.72	0.81	0.80

Competitive Comparison of Southern Packaging Group's Debt-to-Equity

For the Packaging & Containers subindustry, Southern Packaging Group'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.

Southern Packaging Group's Debt-to-Equity Distribution in the Packaging & Containers Industry

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

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

Southern Packaging Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Southern Packaging Group'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
	=	(61.975	+	16.496)	/	97.601
	=	0.80

Southern Packaging Group's Debt to Equity Ratio for the quarter 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
	=	(61.975	+	16.496)	/	97.601
	=	0.80

Southern Packaging Group (SGX:BQP) 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.

Southern Packaging Group Debt-to-Equity Related Terms

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

Southern Packaging Group (SGX:BQP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Southern Packaging Group Ltd (SGX:BQP) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No 9 Foping No 4 Road, Gui Cheng Sub-district, Nanhai District, Guangdong Province, Foshan, CHN, 528251

Website

https://www.southern-packaging.com

Southern Packaging Group Ltd is engaged in the manufacturing and sale of flexible and rigid packaging products. Its flexible packaging products consist of packaging films and bags while its rigid packaging products comprise plastic bottles and caps and products usually used in the packaging of consumer goods ranging from pharmaceutical products, food products, and beverages to personal care products.

Southern Packaging Group (SGX:BQP) Headlines

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