Sarine Technologies (SGX:U77) Debt-to-Equity : 0.11 (As of Dec. 2023)

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What is Sarine Technologies Debt-to-Equity?

Sarine Technologies's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was S$1.65 Mil. Sarine Technologies's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was S$7.18 Mil. Sarine Technologies's Total Stockholders Equity for the quarter that ended in Dec. 2023 was S$80.35 Mil. Sarine Technologies's debt to equity for the quarter that ended in Dec. 2023 was 0.11.

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

SGX:U77' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.07 Med: 0.11 Max: 0.16
Current: 0.11

During the past 13 years, the highest Debt-to-Equity Ratio of Sarine Technologies was 0.16. The lowest was 0.07. And the median was 0.11.

SGX:U77's Debt-to-Equity is ranked better than
72.07% of 2191 companies
in the Hardware industry
Industry Median: 0.29 vs SGX:U77: 0.11

Sarine Technologies Debt-to-Equity Historical Data

The historical data trend for Sarine Technologies'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.

Sarine Technologies Debt-to-Equity Chart

Sarine Technologies Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.12

0.16

0.08

0.07

0.11

Sarine Technologies 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															0.08	0.07	0.07	0.11	0.11

Competitive Comparison of Sarine Technologies's Debt-to-Equity

For the Scientific & Technical Instruments subindustry, Sarine Technologies'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.

Sarine Technologies's Debt-to-Equity Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Sarine Technologies's Debt-to-Equity distribution charts can be found below:

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

Sarine Technologies Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Sarine Technologies'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
	=	(1.652	+	7.183)	/	80.352
	=	0.11

Sarine Technologies'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
	=	(1.652	+	7.183)	/	80.352
	=	0.11

Sarine Technologies (SGX:U77) 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.

Sarine Technologies Debt-to-Equity Related Terms

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Sarine Technologies (SGX:U77) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Sarine Technologies Ltd (SGX:U77) » Definitions » Debt-to-Equity

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Traded in Other Exchanges

SARN:Israel

Address

4 Haharash Street, Hod Hasharon, ISR, 4524075

Website

http://www.sarine.com

Sarine Technologies Ltd is a company engaged in the development and manufacturing of advanced evaluation, planning, processing, and finishing systems for diamond and gemstone production. The company's products provide solutions for every stage of the rough diamond manufacturing process from geometrical modelling and internal inclusion mapping of the rough stone, through determining the derivable polished gems, based on true dollar value. Sarine has operations in India, Africa, Europe, North America, Israel, the other countries, out of which the majority of the revenue is generated from India.

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