Sunway Network (WAR:SNN) Debt-to-Equity : 0.24 (As of Mar. 2024)

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What is Sunway Network Debt-to-Equity?

Sunway Network's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was zł0.20 Mil. Sunway Network's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was zł0.00 Mil. Sunway Network's Total Stockholders Equity for the quarter that ended in Mar. 2024 was zł0.85 Mil. Sunway Network's debt to equity for the quarter that ended in Mar. 2024 was 0.24.

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 Sunway Network's Debt-to-Equity or its related term are showing as below:

WAR:SNN' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.24 Med: 0.24 Max: 0.24
Current: 0.24

During the past 3 years, the highest Debt-to-Equity Ratio of Sunway Network was 0.24. The lowest was 0.24. And the median was 0.24.

WAR:SNN's Debt-to-Equity is ranked worse than
53.38% of 2205 companies
in the Software industry
Industry Median: 0.2 vs WAR:SNN: 0.24

Sunway Network Debt-to-Equity Historical Data

The historical data trend for Sunway Network'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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Sunway Network Debt-to-Equity Chart

Sunway Network Annual Data

Trend

Dec20

Dec21

Dec22

Debt-to-Equity

Sunway Network Quarterly Data
	Dec20	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial				-	N/A	-	-	0.24

Competitive Comparison of Sunway Network's Debt-to-Equity

For the Information Technology Services subindustry, Sunway Network'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.

Sunway Network's Debt-to-Equity Distribution in the Software Industry

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

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

Sunway Network Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Sunway Network's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 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)	/	1.195
	=	0.00

Sunway Network'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
	=	(0.204	+	0)	/	0.847
	=	0.24

Sunway Network (WAR:SNN) 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.

Sunway Network Debt-to-Equity Related Terms

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Sunway Network (WAR:SNN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Sunway Network SA (WAR:SNN) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Ul. Lekka 3 lok. U4, Warsaw, POL, 01-910

Website

https://www.prostagielda.pl

Sunway Network SA Formerly Prosta Gielda SA offers comprehensive solutions for companies and startups. It engages in the creation and implementation of IT solutions and systems intended for business entities, as well as the maintenance and development of these solutions.