SMCE (SMC Entertainment) Debt-to-Equity : -0.88 (As of Sep. 2024)

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What is SMC Entertainment Debt-to-Equity?

SMC Entertainment's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $10.12 Mil. SMC Entertainment's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $0.00 Mil. SMC Entertainment's Total Stockholders Equity for the quarter that ended in Sep. 2024 was $-11.44 Mil. SMC Entertainment's debt to equity for the quarter that ended in Sep. 2024 was -0.88.

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 SMC Entertainment's Debt-to-Equity or its related term are showing as below:

SMCE' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.88 Med: -0.43 Max: 0.06
Current: -0.88

During the past 6 years, the highest Debt-to-Equity Ratio of SMC Entertainment was 0.06. The lowest was -0.88. And the median was -0.43.

SMCE's Debt-to-Equity is not ranked
in the Software industry.
Industry Median: 0.2 vs SMCE: -0.88

SMC Entertainment Debt-to-Equity Historical Data

The historical data trend for SMC Entertainment'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.

SMC Entertainment Debt-to-Equity Chart

SMC Entertainment Annual Data

Trend

Dec99

Dec00

Dec01

Jun03

Dec22

Dec23

Debt-to-Equity

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0.35

-0.29

-0.25

SMC Entertainment Quarterly Data
	Dec01	Mar02	Jun02	Sep02	Dec02	Mar03	Jun03	Sep03	Dec03	Mar04	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Debt-to-Equity	Get a 7-Day Free Trial															0.06	-0.25	-0.64	-0.59	-0.88

Competitive Comparison of SMC Entertainment's Debt-to-Equity

For the Software - Application subindustry, SMC Entertainment'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.

SMC Entertainment's Debt-to-Equity Distribution in the Software Industry

For the Software industry and Technology sector, SMC Entertainment's Debt-to-Equity distribution charts can be found below:

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

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SMC Entertainment Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

SMC Entertainment'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
	=	(0.846	+	0)	/	-3.329
	=	-0.25

SMC Entertainment's Debt to Equity Ratio for the quarter that ended in Sep. 2024 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
	=	(10.119	+	0)	/	-11.441
	=	-0.88

SMC Entertainment (OTCPK:SMCE) 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.

SMC Entertainment Debt-to-Equity Related Terms

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

SMC Entertainment Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » SMC Entertainment Inc (OTCPK:SMCE) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

9170 Glades Road, Suite 150, Boca Raton, FL, USA, 33434

Website

https://www.smceinc.com

SMC Entertainment Inc through its wholly owned subsidiary markets a software-as-a-service (SaaS) proprietary platform for Certified Public Accountants (CPAs) Financial Institutions and Registered Investment Advisors (RIAs). The Platform is a SaaS platform enabling users to see the developing market trends and use it to create customizable baskets if applicable. The Platform's IQ Engine enables the user to see changes occurring on the underlying indexes daily and provides alternatives based on machine learning (ML) and artificial intelligence (AI) which the user can incorporate into its decision-making process.