SIRC (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 SIRC -99.00% Debt-to-Equity is 0.43 as of Sep. 2022.

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: 0.25
* Ranked among companies with meaningful Debt-to-Equity only.

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

Solar Integrated Roofing Debt-to-Equity Historical Data

* Premium members only.

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.

Solar Integrated Roofing Debt-to-Equity Chart

Solar Integrated Roofing Annual Data
Trend Feb08 Feb09
Debt-to-Equity
0.00 0.00

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 0.00 0.00 0.00 N/A 0.43

SIRC vs YGEHY, BSRC: Debt-to-Equity Comparison

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 Debt-to-Equity vs 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

Debt to Equity=Total Debt / Total Stockholders Equity
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Stockholders Equity
=(0 + 0) / 0.777
=0.00

Solar Integrated Roofing's Debt to Equity Ratio for the quarter that ended in Sep. 2022 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
=(35.545 + 4.657) / 92.608
=0.43

* 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 0.43 mean?
Solar Integrated Roofing (SIRC) has a Debt-to-Equity of 0.43 as of Sep. 2022. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Solar Integrated Roofing and its competitors.
Is Solar Integrated Roofing's Debt-to-Equity too high?
Solar Integrated Roofing's current Debt-to-Equity is 0.43. The Semiconductors industry median Debt-to-Equity is 0.25. Solar Integrated Roofing's value of 0.43 is 72% above this industry median.
How does Solar Integrated Roofing's Debt-to-Equity compare to YGEHY and BSRC?
Solar Integrated Roofing's Debt-to-Equity of 0.43 can be compared against companies in the Semiconductors industry. The industry median Debt-to-Equity is 0.25. Solar Integrated Roofing's value of 0.43 is 72% above this benchmark. 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 Semiconductors company?
The median Debt-to-Equity among Semiconductors companies is 0.25, based on 902 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. Solar Integrated Roofing's current Debt-to-Equity of 0.43 is 72% above the industry median. 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 Solar Integrated Roofing and its competitors. For the Semiconductors industry, the median Debt-to-Equity is 0.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Solar Integrated Roofing's current Debt-to-Equity is 0.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Solar Integrated Roofing stock overvalued right now?
Solar Integrated Roofing (SIRC) has a current Debt-to-Equity of 0.43. The current Debt-to-Equity is 0.43 and 72% above the Semiconductors industry median of 0.25. 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 Solar Integrated Roofing (SIRC), the current Debt-to-Equity is 0.43 as of Sep. 2022. 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.

Solar Integrated Roofing Business Description

Address 2831 Saint Rose Parkway, Suite 200, Henderson, NV, USA, 89052
Solar Integrated Roofing Corp is an integrated, single-source solar power, EV (Electric Vehicle) charging, microgrids and roofing systems installation company providing products and services to government, commercial and residential facilities, and properties. The company has segments namely: Solar Residential; Solar Commercial; Roofing Construction; EV Charging; and Supplemental. It derives maximum revenue from Solar Commercial Segment.