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SRM Entertainment (SRM Entertainment) Debt-to-Equity : 0.00 (As of Mar. 2024)


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What is SRM Entertainment Debt-to-Equity?

SRM Entertainment's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.00 Mil. SRM Entertainment's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.00 Mil. SRM Entertainment's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $3.44 Mil. SRM Entertainment's debt to equity for the quarter that ended in Mar. 2024 was 0.00.

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

SRM' s Debt-to-Equity Range Over the Past 10 Years
Min: -497   Med: -29.8   Max: -4.93
Current: 0.04

During the past 2 years, the highest Debt-to-Equity Ratio of SRM Entertainment was -4.93. The lowest was -497.00. And the median was -29.80.

SRM's Debt-to-Equity is ranked better than
90.19% of 693 companies
in the Travel & Leisure industry
Industry Median: 0.46 vs SRM: 0.04

SRM Entertainment Debt-to-Equity Historical Data

The historical data trend for SRM Entertainment'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.

SRM Entertainment Debt-to-Equity Chart

SRM Entertainment Annual Data
Trend Dec22 Dec23
Debt-to-Equity
-497.00 -

SRM Entertainment Quarterly Data
Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Debt-to-Equity Get a 7-Day Free Trial -29.80 -4.93 - - -

Competitive Comparison of SRM Entertainment's Debt-to-Equity

For the Leisure subindustry, SRM Entertainment'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.

SRM Entertainment's Debt-to-Equity Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, SRM Entertainment's Debt-to-Equity distribution charts can be found below:

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


SRM Entertainment Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

SRM Entertainment'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
=(0 + 0) / 4.124
=0.00

SRM Entertainment's Debt to Equity Ratio for the quarter that ended in Mar. 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
=(0 + 0) / 3.437
=0.00

* 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.

SRM Entertainment  (NAS:SRM) 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.

SRM Entertainment Debt-to-Equity Related Terms

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

SRM Entertainment (SRM Entertainment) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » SRM Entertainment Inc (NAS:SRM) » Definitions » Debt-to-Equity
Comparable Companies
DSHK PRKA SPGC DOGZ FGH KENS NLS BWMG BTDG CNXA TSE:4661 HKSE:02020 TSE:7832 TSE:7309 HKSE:02331 MAT HAS PLNT TSE:7951 LSE:GAW
Traded in Other Exchanges
N/A
Address
1061 E Indiantown Road, Suite 110, Jupiter, FL, USA, 33477
Website
https://www.srmentertainment.com
SRM Entertainment Inc is a trusted toy and souvenir designer and developer, selling into the world's largest theme parks and entertainment venues. SRM has developed, manufactured, and supplied the entertainment and amusement park industry with exclusive products that are often only available to consumers inside SRM's worldwide customer bases venues such as Walt Disney Parks and Resorts, Universal Studios, SeaWorld, Six Flags, Great Wolf Lodge, Dollywood, and Merlin Entertainment.
Executives
Hans Haywood director 1061 E. INDIANTOWN ROAD, SUITE 110, JUPITER FL 33477
Brian John director, officer: Secretary 1500 GATEWAY BLVD, SUITE 220, BOYNTON BEACH FL 33426
Gary L Herman director 720 FIFTH AVE, 10TH FLOOR, NEW YORK NY 10019
Douglas O Mckinnon officer: Chief Financial Officer 2104 RIDGE PLAZA DR, CASTLE ROCK CO 80108
Christopher Melton director C/O SG BLOCKS, INC., 400 MADISON AVENUE, SUITE 16C, NEW YORK NY 10017
Richard A Miller director, officer: Chief Executive Officer 1500 GATEWAY BLVD, SUITE 220, BOYNTON BEACH FL 33426
Jupiter Wellness, Inc. 10 percent owner 1061 E. INDIANTOWN RD., STE. 110, JUPITER FL 33477
Taft Bryan Flittner officer: President 1129 WILKINSON STREET, ORLANDO FL 32803
Deborah Lynn Mcdaniel-hand officer: VP of Production Development 1425 WAKULLA WAY, ORLANDO FL 32839