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Solar Energy Initiatives (Solar Energy Initiatives) Debt-to-Equity : -0.08 (As of Apr. 2013)


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What is Solar Energy Initiatives Debt-to-Equity?

Solar Energy Initiatives's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Apr. 2013 was $0.20 Mil. Solar Energy Initiatives's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Apr. 2013 was $0.00 Mil. Solar Energy Initiatives's Total Stockholders Equity for the quarter that ended in Apr. 2013 was $-2.39 Mil. Solar Energy Initiatives's debt to equity for the quarter that ended in Apr. 2013 was -0.08.

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

SNRY's Debt-to-Equity is not ranked *
in the Diversified Financial Services industry.
Industry Median: 0.13
* Ranked among companies with meaningful Debt-to-Equity only.

Solar Energy Initiatives Debt-to-Equity Historical Data

The historical data trend for Solar Energy Initiatives'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.

Solar Energy Initiatives Debt-to-Equity Chart

Solar Energy Initiatives Annual Data
Trend Jul07 Jul08 Jul09 Jul10 Jul11 Jul12
Debt-to-Equity
Get a 7-Day Free Trial - - -0.14 -0.08 -0.06

Solar Energy Initiatives Quarterly Data
Jul08 Oct08 Jan09 Apr09 Jul09 Oct09 Jan10 Apr10 Jul10 Oct10 Jan11 Apr11 Jul11 Oct11 Jan12 Apr12 Jul12 Oct12 Jan13 Apr13
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.10 -0.06 -0.06 -0.08 -0.08

Competitive Comparison of Solar Energy Initiatives's Debt-to-Equity

For the Shell Companies subindustry, Solar Energy Initiatives'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 Energy Initiatives's Debt-to-Equity Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Solar Energy Initiatives's Debt-to-Equity distribution charts can be found below:

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



Solar Energy Initiatives Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Solar Energy Initiatives's Debt to Equity Ratio for the fiscal year that ended in Jul. 2012 is calculated as

Solar Energy Initiatives's Debt to Equity Ratio for the quarter that ended in Apr. 2013 is calculated as

* 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 Energy Initiatives  (OTCPK:SNRY) 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 Energy Initiatives Debt-to-Equity Related Terms

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


Solar Energy Initiatives (Solar Energy Initiatives) Business Description

Traded in Other Exchanges
N/A
Address
2245 Texas Drive, Suite 300, Sugar Land, TX, USA, 77479
Solar Energy Initiatives Inc offers cybersecurity simulation and educational content - the tools to mitigate vulnerabilities and bolster cyber defense.

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