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Solar Integrated Roofing (Solar Integrated Roofing) Debt-to-Equity : 0.43 (As of Sep. 2022)


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What is Solar Integrated Roofing Debt-to-Equity?

Solar Integrated Roofing's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2022 was $35.55 Mil. Solar Integrated Roofing's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2022 was $4.66 Mil. Solar Integrated Roofing's Total Stockholders Equity for the quarter that ended in Sep. 2022 was $92.61 Mil. Solar Integrated Roofing's debt to equity for the quarter that ended in Sep. 2022 was 0.43.

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 Solar Integrated Roofing's Debt-to-Equity or its related term are showing as below:

SIRC's Debt-to-Equity is not ranked *
in the Semiconductors industry.
Industry Median: 0.27
* Ranked among companies with meaningful Debt-to-Equity only.

Solar Integrated Roofing Debt-to-Equity Historical Data

The historical data trend for Solar Integrated Roofing'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.

Solar Integrated Roofing Debt-to-Equity Chart

Solar Integrated Roofing Annual Data
Trend Feb08 Feb09
Debt-to-Equity
- -

Solar Integrated Roofing Quarterly Data
Aug07 Nov07 Feb08 May08 Aug08 Nov08 Feb09 May09 Aug09 Nov09 Feb10 May10 Aug10 Nov10 Sep21 Sep22
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 - - - N/A 0.43

Competitive Comparison of Solar Integrated Roofing's Debt-to-Equity

For the Solar subindustry, Solar Integrated Roofing'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.


Solar Integrated Roofing's Debt-to-Equity Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Solar Integrated Roofing's Debt-to-Equity distribution charts can be found below:

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



Solar Integrated Roofing Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Solar Integrated Roofing's Debt to Equity Ratio for the fiscal year that ended in Feb. 2009 is calculated as

Solar Integrated Roofing's Debt to Equity Ratio for the quarter that ended in Sep. 2022 is calculated as

* 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.


Solar Integrated Roofing  (OTCPK:SIRC) 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.


Solar Integrated Roofing Debt-to-Equity Related Terms

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


Solar Integrated Roofing (Solar Integrated Roofing) Business Description

Traded in Other Exchanges
N/A
Address
2831 St. Rose Pkwy, Suite 200, Henderson, NV, USA, 89052
Solar Integrated Roofing Corp is an integrated solar and roofing installation company specializing in commercial and residential properties with a focus on the acquisitions of like companies.
Executives
Richard G Stifel officer: CFO/Secretary 6501 E. GREENWAY PKWY, SUITE 103-412, SCOTTSDALE AZ 85254
Timothy Barritt director, officer: CEO/President 201 WEST LAKEWAY, SUITE 1000, GILLETTE WY 82718
Raymond Murphy director, officer: COO/Vice President 201 WEST LAKEWAY, SUITE 1000, GILLETTE WY 82718
Richard Stockdale director, officer: Treasurer/Vice President 201 WEST LAKEWAY, SUITE 1000, GILLETTE WY 82718