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Sterling Investments (XJAM:SIL) Debt-to-Equity : 0.30 (As of Mar. 2024)


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What is Sterling Investments Debt-to-Equity?

Sterling Investments's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was JMD0.0 Mil. Sterling Investments's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was JMD418.2 Mil. Sterling Investments's Total Stockholders Equity for the quarter that ended in Mar. 2024 was JMD1,416.4 Mil. Sterling Investments'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 Sterling Investments's Debt-to-Equity or its related term are showing as below:

XJAM:SIL' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.16   Med: 0.36   Max: 0.42
Current: 0.3

During the past 11 years, the highest Debt-to-Equity Ratio of Sterling Investments was 0.42. The lowest was 0.16. And the median was 0.36.

XJAM:SIL's Debt-to-Equity is ranked better than
52.96% of 608 companies
in the Capital Markets industry
Industry Median: 0.355 vs XJAM:SIL: 0.30

Sterling Investments Debt-to-Equity Historical Data

The historical data trend for Sterling Investments'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.

Sterling Investments Debt-to-Equity Chart

Sterling Investments Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.29 0.40 0.41 0.36 0.31

Sterling Investments Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Dec23 Mar24
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 0.36 0.40 0.37 0.31 0.30

Competitive Comparison of Sterling Investments's Debt-to-Equity

For the Capital Markets subindustry, Sterling Investments'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.


Sterling Investments's Debt-to-Equity Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Sterling Investments's Debt-to-Equity distribution charts can be found below:

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



Sterling Investments Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Sterling Investments'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.


Sterling Investments  (XJAM:SIL) 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.


Sterling Investments Debt-to-Equity Related Terms

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


Sterling Investments (XJAM:SIL) Business Description

Traded in Other Exchanges
N/A
Address
40 Knutsford Boulevard, 3rd Floor, Kingston 5, Kingston, JAM
Sterling Investments Ltd is an investment holding company. It invests primarily in an array of high-quality fixed income securities denominated in United States dollars. It generates income through interest income earned on the securities in the portfolio and through capital gains as a result of increases in the price of the securities.