SPOM (SPO Global) Debt-to-Equity: 0.04 (As of Sep. 2023)

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What is SPO Global Debt-to-Equity?

SPO Global SPOM Debt-to-Equity is 0.04 as of Sep. 2023.

SPO Global's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.27 Mil. SPO Global's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.00 Mil. SPO Global's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $6.24 Mil. SPO Global's debt to equity for the quarter that ended in Sep. 2023 was 0.04.

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

SPOM's Debt-to-Equity is not ranked *
in the Conglomerates industry.
Industry Median: 0.545
* Ranked among companies with meaningful Debt-to-Equity only.

SPO Global  (OTCPK:SPOM) 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.

SPO Global Debt-to-Equity Related Terms

SPO Global Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for SPO Global'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.

SPO Global Debt-to-Equity Chart

SPO Global Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.56 -0.60 -0.91 -0.92 -0.70

SPO Global Quarterly Data
Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep22 Sep23
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 -0.70 -0.68 -0.73 N/A 0.04

SPOM vs PTEEF, IDVV, LCCN: Debt-to-Equity Comparison

For the Conglomerates subindustry, SPO Global'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.

SPO Global Debt-to-Equity vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, SPO Global's Debt-to-Equity distribution charts can be found below:

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


SPO Global Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

SPO Global's Debt to Equity Ratio for the fiscal year that ended in Dec. 2016 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
=(1.436 + 0.261) / -2.439
=-0.70

SPO Global's Debt to Equity Ratio for the quarter that ended in Sep. 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
=(0.272 + 0) / 6.236
=0.04

* 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 0.04 mean?
SPO Global (SPOM) has a Debt-to-Equity of 0.04 as of Sep. 2023. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on SPO Global and its competitors.
Is SPO Global's Debt-to-Equity too high?
SPO Global's current Debt-to-Equity is 0.04. The Conglomerates industry median Debt-to-Equity is 0.55. SPO Global's value of 0.04 is 92.7% below this industry median.
How does SPO Global's Debt-to-Equity compare to PTEEF and IDVV?
SPO Global's Debt-to-Equity of 0.04 can be compared against companies in the Conglomerates industry. The industry median Debt-to-Equity is 0.55. SPO Global's value of 0.04 is 92.7% below 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 a Conglomerates company?
The median Debt-to-Equity among Conglomerates companies is 0.55, based on 516 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. SPO Global's current Debt-to-Equity of 0.04 is 92.7% below 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 SPO Global and its competitors. For the Conglomerates industry, the median Debt-to-Equity is 0.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SPO Global's current Debt-to-Equity is 0.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SPO Global stock overvalued right now?
SPO Global (SPOM) has a current Debt-to-Equity of 0.04. The current Debt-to-Equity is 0.04 and 92.7% below the Conglomerates industry median of 0.55. 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 SPO Global (SPOM), the current Debt-to-Equity is 0.04 as of Sep. 2023. 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.

SPO Global Business Description

Address 6343 All American Boulevard, Orlando, FL, USA, 32810
SPO Global Inc is engaged in the development and structuring of climate-related projects, with a focus on carbon capture and offsetting mechanisms.