SLDC (Solidus Communications) Debt-to-Equity : -0.54 (As of Nov. 2016)

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What is Solidus Communications Debt-to-Equity?

Solidus Communications's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2016 was $2.74 Mil. Solidus Communications's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2016 was $0.00 Mil. Solidus Communications's Total Stockholders Equity for the quarter that ended in Nov. 2016 was $-5.07 Mil. Solidus Communications's debt to equity for the quarter that ended in Nov. 2016 was -0.54.

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 Solidus Communications's Debt-to-Equity or its related term are showing as below:

SLDC's Debt-to-Equity is not ranked ^*
in the Telecommunication Services industry.
Industry Median: 0.65
* Ranked among companies with meaningful Debt-to-Equity only.

Solidus Communications Debt-to-Equity Historical Data

The historical data trend for Solidus Communications'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.

Solidus Communications Debt-to-Equity Chart

Solidus Communications Annual Data

Trend

Nov07

Nov08

Nov09

Nov10

Nov11

Nov12

Nov13

Nov14

Nov15

Nov16

Debt-to-Equity

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-0.24

-0.55

-0.53

-0.43

-0.54

Solidus Communications Semi-Annual Data
	Nov07	Nov08	Nov09	Nov10	Nov11	Nov12	Nov13	Nov14	Nov15	Nov16
Debt-to-Equity	Get a 7-Day Free Trial					-0.24	-0.55	-0.53	-0.43	-0.54

Competitive Comparison of Solidus Communications's Debt-to-Equity

For the Telecom Services subindustry, Solidus Communications'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.

Solidus Communications's Debt-to-Equity Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Solidus Communications's Debt-to-Equity distribution charts can be found below:

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

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Solidus Communications Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Solidus Communications's Debt to Equity Ratio for the fiscal year that ended in Nov. 2016 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
	=	(2.742	+	0)	/	-5.065
	=	-0.54

Solidus Communications's Debt to Equity Ratio for the quarter that ended in Nov. 2016 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
	=	(2.742	+	0)	/	-5.065
	=	-0.54

Solidus Communications (OTCPK:SLDC) 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.

Solidus Communications Debt-to-Equity Related Terms

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

Solidus Communications Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Solidus Communications Inc (OTCPK:SLDC) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

260 Williamson Boulevard, Unit 731544, Ormond Beach, FL, USA, 32174

Website

https://www.soliduscommunications.com

Solidus Communications Inc provides Voice over IP, wired and fixed wireless Internet service to home owner communities, and also provides hosting and software design services. The company along with its subsidiaries provides various integrated products and services under the Wireless Florida, WiFIBER, Advanced Satellite Systems, and Air2Land brands to business and residential customers in the United States and internationally. It operates in two segments; Business and Residential. The Company has two subsidiary, Advanced Satellite Systems, Inc., and Illumivation Labs, Inc.

Executives

Jmz Alliance Group, Inc.	10 percent owner	1108 KANE CONCOURSE, #206, HARBOR ISLANDS FL 33154
Pucillo Frederick J. Jr.	director, officer: CEO, President	111 AIRPORT RD., UNIT 5, WARWICK RI 02889
Malkeet Singh Bains	director, 10 percent owner, officer: President, Secretary-Treasurer	7445 132ND STREET, SUITE 2008, SURREY A1 V3W 5S8

Solidus Communications Headlines

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