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Sharc International Systems (XCNQ:SHRC) Debt-to-Equity : 1.51 (As of Sep. 2024)


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What is Sharc International Systems Debt-to-Equity?

Sharc International Systems's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was C$0.01 Mil. Sharc International Systems's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was C$1.69 Mil. Sharc International Systems's Total Stockholders Equity for the quarter that ended in Sep. 2024 was C$1.12 Mil. Sharc International Systems's debt to equity for the quarter that ended in Sep. 2024 was 1.51.

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 Sharc International Systems's Debt-to-Equity or its related term are showing as below:

XCNQ:SHRC' s Debt-to-Equity Range Over the Past 10 Years
Min: -103.76   Med: -0.84   Max: 23.93
Current: 1.51

During the past 13 years, the highest Debt-to-Equity Ratio of Sharc International Systems was 23.93. The lowest was -103.76. And the median was -0.84.

XCNQ:SHRC's Debt-to-Equity is ranked worse than
93.8% of 2615 companies
in the Industrial Products industry
Industry Median: 0.29 vs XCNQ:SHRC: 1.51

Sharc International Systems Debt-to-Equity Historical Data

The historical data trend for Sharc International Systems'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.

Sharc International Systems Debt-to-Equity Chart

Sharc International Systems Annual Data
Trend Oct14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.98 -3.90 10.92 -2.05 0.05

Sharc International Systems Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.05 0.05 0.05 0.05 1.51

Competitive Comparison of Sharc International Systems's Debt-to-Equity

For the Pollution & Treatment Controls subindustry, Sharc International Systems'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.


Sharc International Systems's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Sharc International Systems's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Sharc International Systems's Debt-to-Equity falls into.



Sharc International Systems Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Sharc International Systems's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Sharc International Systems's Debt to Equity Ratio for the quarter that ended in Sep. 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.


Sharc International Systems  (XCNQ:SHRC) 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.


Sharc International Systems Debt-to-Equity Related Terms

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


Sharc International Systems Business Description

Traded in Other Exchanges
Address
1443 Spitfire Place, Port Coquitlam, BC, CAN, V3C 6L4
Sharc International Systems Inc is engaged in providing wastewater heat exchange expertise and products that serve commercial, industrial, public utilities, and residential development projects objectives of reducing their carbon footprint while saving on energy costs. The company operates in a single operating segment namely, Sales and marketing of Wastewater energy transfer equipment.
Executives
Peter Busby Director
Dermot Joseph Sweeny Director
Eleanor Pui Fong Chiu Director
Hanspaul Pannu Senior Officer
Allen Saurette Director
Daryle Anderson Director
Matthew Aaron Engelhardt Senior Officer
Sasko Despotovski Director