Supreme Ventures (XJAM:SVL) Debt-to-Equity : 0.25 (As of Jun. 2023)

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What is Supreme Ventures Debt-to-Equity?

Supreme Ventures's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was JMD287 Mil. Supreme Ventures's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was JMD915 Mil. Supreme Ventures's Total Stockholders Equity for the quarter that ended in Jun. 2023 was JMD4,854 Mil. Supreme Ventures's debt to equity for the quarter that ended in Jun. 2023 was 0.25.

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 Supreme Ventures's Debt-to-Equity or its related term are showing as below:

XJAM:SVL' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.22 Max: 1.53
Current: 0.25

During the past 13 years, the highest Debt-to-Equity Ratio of Supreme Ventures was 1.53. The lowest was 0.00. And the median was 0.22.

XJAM:SVL's Debt-to-Equity is ranked better than
67.1% of 696 companies
in the Travel & Leisure industry
Industry Median: 0.46 vs XJAM:SVL: 0.25

Supreme Ventures Debt-to-Equity Historical Data

The historical data trend for Supreme Ventures'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.

Supreme Ventures Debt-to-Equity Chart

Supreme Ventures Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

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0.16

0.25

1.39

1.53

1.36

Supreme Ventures Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Jun23
Debt-to-Equity	Get a 7-Day Free Trial															0.27	0.26	0.25	1.36	0.25

Competitive Comparison of Supreme Ventures's Debt-to-Equity

For the Gambling subindustry, Supreme Ventures'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.

Supreme Ventures's Debt-to-Equity Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Supreme Ventures's Debt-to-Equity distribution charts can be found below:

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

Supreme Ventures Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Supreme Ventures'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
	=	(540.331	+	5839.558)	/	4685.348
	=	1.36

Supreme Ventures's Debt to Equity Ratio for the quarter that ended in Jun. 2023 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
	=	(286.68	+	914.62)	/	4854.03
	=	0.25

Supreme Ventures (XJAM:SVL) 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.

Supreme Ventures Debt-to-Equity Related Terms

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Supreme Ventures (XJAM:SVL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Supreme Ventures Ltd (XJAM:SVL) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

9A Retirement Crescent, Kingston 5, JAM

Website

https://www.supremeventures.com

Supreme Ventures Ltd is a lottery and gaming provider. The company provides services through lottery games, Sports betting, and video lottery terminals. The firm provides various lottery games like Cash Pot, Dollaz, Lucky 5, Pick 2, Pick 3, Pick 4, Lotto, Super Lotto, Money time, and Top Draw. Lottery games are offered through the agents' network. The company reports in the following segments: Lotteries, PIN Code, Horseracing, Sports Betting, VLT (video lottery terminal) Net Win, and others. The company derived its revenue from the Lottery segment.

Supreme Ventures (XJAM:SVL) Headlines

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