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 SLDC Debt-to-Equity is -0.54 as of Nov. 2016.

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: 0.615
* Ranked among companies with meaningful Debt-to-Equity only.

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

Solidus Communications Debt-to-Equity Historical Data

* Premium members only.

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.

Solidus Communications Debt-to-Equity Chart

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

SLDC vs HMMR, DTGI, TMUS: Debt-to-Equity Comparison

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 Debt-to-Equity vs 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.


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

* 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 -0.54 mean?
Solidus Communications (SLDC) has a Debt-to-Equity of -0.54 as of Nov. 2016. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Solidus Communications and its competitors.
Is Solidus Communications' Debt-to-Equity too high?
Solidus Communications' current Debt-to-Equity is -0.54.
How does Solidus Communications' Debt-to-Equity compare to HMMR and DTGI?
Solidus Communications' Debt-to-Equity of -0.54 can be compared against companies in the Telecommunication Services industry. The industry median Debt-to-Equity is 0.62. 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 Telecommunication Services company?
The median Debt-to-Equity among Telecommunication Services companies is 0.62, based on 322 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. 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 Solidus Communications and its competitors. For the Telecommunication Services industry, the median Debt-to-Equity is 0.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Solidus Communications's current Debt-to-Equity is -0.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Solidus Communications stock overvalued right now?
Solidus Communications (SLDC) has a current Debt-to-Equity of -0.54. The current Debt-to-Equity is -0.54. 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 Solidus Communications (SLDC), the current Debt-to-Equity is -0.54 as of Nov. 2016. 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.

Solidus Communications Business Description

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