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SigmaStar Technology (SZSE:301536) Debt-to-Equity : 0.30 (As of Mar. 2024)


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What is SigmaStar Technology Debt-to-Equity?

SigmaStar Technology's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥486 Mil. SigmaStar Technology's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥349 Mil. SigmaStar Technology's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥2,776 Mil. SigmaStar Technology's debt to equity for the quarter that ended in Mar. 2024 was 0.30.

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

SZSE:301536' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01   Med: 0.13   Max: 0.39
Current: 0.3

During the past 5 years, the highest Debt-to-Equity Ratio of SigmaStar Technology was 0.39. The lowest was 0.01. And the median was 0.13.

SZSE:301536's Debt-to-Equity is ranked worse than
54.06% of 875 companies
in the Semiconductors industry
Industry Median: 0.26 vs SZSE:301536: 0.30

SigmaStar Technology Debt-to-Equity Historical Data

The historical data trend for SigmaStar Technology'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.

SigmaStar Technology Debt-to-Equity Chart

SigmaStar Technology Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
0.03 0.01 0.06 0.09 0.39

SigmaStar Technology Quarterly Data
Dec19 Dec20 Dec21 Jun22 Dec22 Mar23 Jun23 Dec23 Mar24
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only 0.09 N/A 0.17 0.39 0.30

Competitive Comparison of SigmaStar Technology's Debt-to-Equity

For the Semiconductors subindustry, SigmaStar Technology'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.


SigmaStar Technology's Debt-to-Equity Distribution in the Semiconductors Industry

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

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



SigmaStar Technology Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

SigmaStar Technology's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

SigmaStar Technology's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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.


SigmaStar Technology  (SZSE:301536) 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.


SigmaStar Technology Debt-to-Equity Related Terms

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


SigmaStar Technology (SZSE:301536) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Houzhan Road, Floor 16, No. 1, Tong\'an District, Fujian Province, Xiamen, CHN, 361116
SigmaStar Technology Ltd is engaged in research & development and sales of video surveillance chips. Its products cover IP Cam, USB Cam, NVR, DVR, vehicle electronics, action cameras, smart home, robots, industry and other fields.

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