SMIT (Schmitt Industries) Total Stockholders Equity: $0.61 Mil (As of May. 2022)

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SMIT Schmitt Industries Inc SMIT
12 GF Score
Price $0.02
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What is Schmitt Industries Total Stockholders Equity?

Schmitt Industries SMIT 12 Total Stockholders Equity is $0.61 Mil as of May. 2022. GuruFocus rates SMIT with a GF Score™ of 12/100.

Schmitt Industries's Total Stockholders Equity for the quarter that ended in May. 2022 was $0.61 Mil. It refers to the net assets owned by shareholders. It does not include minority interest.

Total Stockholders Equity is used to calculate Book Value per Share. Schmitt Industries's Book Value per Share for the quarter that ended in May. 2022 was $0.16. The ratio of a company's debt over equity can be used to measure how leveraged this company is. Schmitt Industries's Debt-to-Equity for the quarter that ended in May. 2022 was 30.39.

Schmitt Industries  (OTCPK:SMIT) Total Stockholders Equity Explanation

1. Total Stockholders Equity is used to calculate Book Value per Share.

Schmitt Industries's Book Value per Share for the quarter that ended in May. 2022 is

Book Value per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(0.605-0)/3.826
=0.16

2. The ratio of a company's debt over equity can be used to measure how leveraged this company is.

Schmitt Industries's Debt-to-Equity for the quarter that ended in May. 2022 is

Debt-to-Equity=Total Debt / Total Stockholders Equity
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Stockholders Equity
=(1.978 + 16.406) / 0.605
=30.39

* 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.

Schmitt Industries Total Stockholders Equity Related Terms

Schmitt Industries Total Stockholders Equity Historical Data

* Premium members only.

The historical data trend for Schmitt Industries's Total Stockholders 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.

Schmitt Industries Total Stockholders Equity Chart

Schmitt Industries Annual Data
Trend May13 May14 May15 May16 May17 May18 May19 May20 May21 May22
Total Stockholders Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.52 8.47 11.89 3.77 0.61

Schmitt Industries Quarterly Data
Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22
Total Stockholders 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 3.77 2.75 4.98 4.11 0.61
SMIT
12GF Score
Schmitt Industries Inc SMIT
Total Stockholders Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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What does a Total Stockholders Equity of $0.61 Mil mean?
Schmitt Industries (SMIT) has a Total Stockholders Equity of $0.61 Mil as of May. 2022. The total amount of shareholder's equity as recorded on a company's balance sheet. View historical data for Schmitt Industries and its competitors.
Is Schmitt Industries' Total Stockholders Equity too high?
Schmitt Industries' current Total Stockholders Equity is $0.61 Mil. Overall, Schmitt Industries has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Schmitt Industries' Total Stockholders Equity compare to WHD and VAL?
Schmitt Industries' Total Stockholders Equity of $0.61 Mil can be compared against companies in the Hardware industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Stockholders Equity for a Hardware company?
A good Total Stockholders Equity depends on the Hardware industry context. However, Total Stockholders Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Stockholders Equity mean?
A high Total Stockholders Equity can signal that a stock is expensive relative to its fundamentals. The total amount of shareholder's equity as recorded on a company's balance sheet. View historical data for Schmitt Industries and its competitors. Schmitt Industries's current Total Stockholders Equity is $0.61 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Schmitt Industries stock overvalued right now?
Schmitt Industries (SMIT) has a current Total Stockholders Equity of $0.61 Mil. The current Total Stockholders Equity is $0.61 Mil. Schmitt Industries' overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Stockholders Equity calculated?
Total Stockholders Equity is calculated from a company's financial statements. For Schmitt Industries (SMIT), the current Total Stockholders Equity is $0.61 Mil as of May. 2022. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Schmitt Industries Business Description

Address 2765 North West Nicolai Street, Portland, OR, USA, 97210
Schmitt Industries Inc is engaged in propane tank monitoring solutions, precision measurement solutions, and ice cream production and distribution. The Company operates as two reportable segments: the Measurement Segment and the Ice Cream Segment. The company manufactures and sells products in two core product lines, Acuity Lasers and Xact Tank Monitoring.
12GF Score

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Total Stockholders Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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