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SOEN (Solar Enertech) Debt-to-Equity : 0.21 (As of Dec. 2011)


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What is Solar Enertech Debt-to-Equity?

Solar Enertech's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2011 was $0.00 Mil. Solar Enertech's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2011 was $1.51 Mil. Solar Enertech's Total Stockholders Equity for the quarter that ended in Dec. 2011 was $7.10 Mil. Solar Enertech's debt to equity for the quarter that ended in Dec. 2011 was 0.21.

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

SOEN's Debt-to-Equity is not ranked *
in the Semiconductors industry.
Industry Median: 0.26
* Ranked among companies with meaningful Debt-to-Equity only.

Solar Enertech Debt-to-Equity Historical Data

The historical data trend for Solar Enertech'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 Enertech Debt-to-Equity Chart

Solar Enertech Annual Data
Trend Sep05 Sep06 Sep07 Sep08 Sep09 Sep10 Sep11
Debt-to-Equity
Get a 7-Day Free Trial - - 0.32 0.39 0.18

Solar Enertech Quarterly Data
Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11
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 0.22 0.21 0.23 0.18 0.21

Competitive Comparison of Solar Enertech's Debt-to-Equity

For the Solar subindustry, Solar Enertech'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 Enertech's Debt-to-Equity Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Solar Enertech's Debt-to-Equity distribution charts can be found below:

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



Solar Enertech Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Solar Enertech's Debt to Equity Ratio for the fiscal year that ended in Sep. 2011 is calculated as

Solar Enertech's Debt to Equity Ratio for the quarter that ended in Dec. 2011 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 Enertech  (OTCPK:SOEN) 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 Enertech Debt-to-Equity Related Terms

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


Solar Enertech Business Description

Traded in Other Exchanges
N/A
Address
655 West Evelyn Avenue, Suite 2, Mountain View, CA, USA, 94041
Solar Enertech Corp currently operates as a photovoltaic solar energy cell manufacturer.
Executives
David Anthony director 200 LUDLOW DRIVE, EWING NJ 08638
David Gelbaum 10 percent owner, other: Co-Trustee 2309 SANTIAGO DRIVE, NEWPORT BEACH CA 92660
Monica Chavez Gelbaum 10 percent owner, other: Co-Trustee 2309 SANTIAGO DRIVE, NEWPORT BEACH CA 92660
Quercus Trust 10 percent owner 2309 SANTIAGO DRIVE, NEWPORT BEACH CA 92660
Luxor Capital Group, Lp 10 percent owner 7 TIMES SQUARE, 43RD FLOOR, NEW YORK NY 10036
Lcg Select Llc 10 percent owner 767 FIFTH AVENUE, 19TH FLOOR, NEW YORK NY 10153
Lcg Select Offshore Ltd 10 percent owner PO BOX 309GT UGLAND HOUSE SOUTH CHURCH S, GEORGE TOWN, GRAND CAYAMAN CAYMAN E9 00000

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