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Smartset Services (TSXV:SMAR.P) Debt-to-Equity : 0.00 (As of Dec. 2024)


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What is Smartset Services Debt-to-Equity?

Smartset Services's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was C$0.00 Mil. Smartset Services's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was C$0.00 Mil. Smartset Services's Total Stockholders Equity for the quarter that ended in Dec. 2024 was C$0.34 Mil. Smartset Services's debt to equity for the quarter that ended in Dec. 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 Smartset Services's Debt-to-Equity or its related term are showing as below:

TSXV:SMAR.P's Debt-to-Equity is not ranked *
in the Diversified Financial Services industry.
Industry Median: 0.16
* Ranked among companies with meaningful Debt-to-Equity only.

Smartset Services Debt-to-Equity Historical Data

The historical data trend for Smartset Services'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.

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Smartset Services Debt-to-Equity Chart

Smartset Services Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Debt-to-Equity
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Smartset Services Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24 Dec24
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Competitive Comparison of Smartset Services's Debt-to-Equity

For the Shell Companies subindustry, Smartset Services'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.


Smartset Services's Debt-to-Equity Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Smartset Services's Debt-to-Equity distribution charts can be found below:

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


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Smartset Services Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Smartset Services's Debt to Equity Ratio for the fiscal year that ended in Mar. 2024 is calculated as

Smartset Services's Debt to Equity Ratio for the quarter that ended in Dec. 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.


Smartset Services  (TSXV:SMAR.P) 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.


Smartset Services Debt-to-Equity Related Terms

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


Smartset Services Business Description

Traded in Other Exchanges
N/A
Address
1055 West Georgia Street, Suite 1500, Royal Centre, Vancouver, BC, CAN, V6E 4N7
Website
Smartset Services Inc is a capital pool company.

Smartset Services Headlines

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