SNDL (SNDL) Debt-to-Equity : 0.14 (As of Dec. 2023)

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What is SNDL Debt-to-Equity?

SNDL's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $22.8 Mil. SNDL's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $101.7 Mil. SNDL's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $903.5 Mil. SNDL's debt to equity for the quarter that ended in Dec. 2023 was 0.14.

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

SNDL' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.13 Max: 0.9
Current: 0.14

During the past 7 years, the highest Debt-to-Equity Ratio of SNDL was 0.90. The lowest was 0.00. And the median was 0.13.

SNDL's Debt-to-Equity is ranked better than
71.04% of 183 companies
in the Beverages - Alcoholic industry
Industry Median: 0.38 vs SNDL: 0.14

SNDL Debt-to-Equity Historical Data

The historical data trend for SNDL'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.

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SNDL Debt-to-Equity Chart

SNDL Annual Data

Trend

Feb17

Feb18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.90

0.01

0.03

0.13

0.14

SNDL Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.13	0.13	0.13	0.13	0.14

Competitive Comparison of SNDL's Debt-to-Equity

For the Beverages - Wineries & Distilleries subindustry, SNDL'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.

SNDL's Debt-to-Equity Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, SNDL's Debt-to-Equity distribution charts can be found below:

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

SNDL Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

SNDL'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
	=	(22.762	+	101.738)	/	903.45
	=	0.14

SNDL's Debt to Equity Ratio for the quarter 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
	=	(22.762	+	101.738)	/	903.45
	=	0.14

SNDL (NAS:SNDL) 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.

SNDL Debt-to-Equity Related Terms

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

SNDL (SNDL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » SNDL Inc (NAS:SNDL) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

VY4:Germany VY4:Germany VY4:Germany

Address

919-11 Avenue South West, Suite 300, Calgary, AB, CAN, T2R 1P3

Website

https://www.sndl.com

SNDL Inc is the largest private-sector liquor and cannabis retailer in Canada with retail banners that include Ace Liquor, Wine and Beyond, Liquor Depot, Value Buds, and Spiritleaf. Principal activities of the company are the retailing of wines, beers and spirits. It comprised of four reportable segments: liquor retail, cannabis retail, cannabis operations, and investments. Liquor retail includes the sale of wines, beers and spirits through owned liquor stores. Company generates maximum revenue from liquor retail.