SONC (Sonic Lighting) Debt-to-Equity: 1.97 (As of Sep. 2025)

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What is Sonic Lighting Debt-to-Equity?

Sonic Lighting SONC Debt-to-Equity is 1.97 as of Sep. 2025.

Sonic Lighting's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2025 was $2.43 Mil. Sonic Lighting's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2025 was $15.66 Mil. Sonic Lighting's Total Stockholders Equity for the quarter that ended in Sep. 2025 was $9.19 Mil. Sonic Lighting's debt to equity for the quarter that ended in Sep. 2025 was 1.97.

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

SONC's Debt-to-Equity is not ranked *
in the Industrial Products industry.
Industry Median: 0.29
* Ranked among companies with meaningful Debt-to-Equity only.

Sonic Lighting  (NAS:SONC) 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.

Sonic Lighting Debt-to-Equity Related Terms

Sonic Lighting Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Sonic Lighting'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.

Sonic Lighting Debt-to-Equity Chart

Sonic Lighting Annual Data
Trend Dec23 Dec24
Debt-to-Equity
3.22 2.33

Sonic Lighting Quarterly Data
Dec23 Sep24 Dec24 Jun25 Sep25
Debt-to-Equity 3.22 N/A 2.33 1.94 1.97

SONC vs : Debt-to-Equity Comparison

For the Electrical Equipment & Parts subindustry, Sonic Lighting'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.

Sonic Lighting Debt-to-Equity vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Sonic Lighting's Debt-to-Equity distribution charts can be found below:

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


Sonic Lighting Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Sonic Lighting's Debt to Equity Ratio for the fiscal year that ended in Dec. 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
=(2.262 + 17.506) / 8.501
=2.33

Sonic Lighting's Debt to Equity Ratio for the quarter that ended in Sep. 2025 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
=(2.429 + 15.663) / 9.191
=1.97

* 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 1.97 mean?
Sonic Lighting (SONC) has a Debt-to-Equity of 1.97 as of Sep. 2025. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Sonic Lighting and its competitors.
Is Sonic Lighting's Debt-to-Equity too high?
Sonic Lighting's current Debt-to-Equity is 1.97. The Industrial Products industry median Debt-to-Equity is 0.29. Sonic Lighting's value of 1.97 is 579.3% above this industry median.
How does Sonic Lighting's Debt-to-Equity compare to ?
Sonic Lighting's Debt-to-Equity of 1.97 can be compared against companies in the Industrial Products industry. The industry median Debt-to-Equity is 0.29. Sonic Lighting's value of 1.97 is 579.3% above this benchmark. 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 an Industrial Products company?
The median Debt-to-Equity among Industrial Products companies is 0.29, based on 2,688 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. Sonic Lighting's current Debt-to-Equity of 1.97 is 579.3% above the industry median. 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 Sonic Lighting and its competitors. For the Industrial Products industry, the median Debt-to-Equity is 0.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sonic Lighting's current Debt-to-Equity is 1.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sonic Lighting stock overvalued right now?
Sonic Lighting (SONC) has a current Debt-to-Equity of 1.97. The current Debt-to-Equity is 1.97 and 579.3% above the Industrial Products industry median of 0.29. 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 Sonic Lighting (SONC), the current Debt-to-Equity is 1.97 as of Sep. 2025. 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.

Sonic Lighting Business Description

Comparable Companies
Address 19385 East Walnut Drive North, City of Industry, CA, USA, 91748
Sonic Lighting Inc operates as a wholesale distributor of automotive lighting products. The company's product range includes projector headlights, crystal headlights, taillights, and fog lights. It sources products mainly from suppliers in the United States, Hong Kong, Taiwan, and China. Sonic Lighting serves many retailers, wholesalers, and online consumers across multiple U.S. states through its distribution network, including warehouse facilities in California, South Carolina, and Texas. The company's revenues consist of agency income, fulfilment service income, online retail sales income, and wholesale income.