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SDM (Smart Digital Group) Debt-to-Equity : 0.05 (As of Sep. 2024)


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What is Smart Digital Group Debt-to-Equity?

Smart Digital Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $0.10 Mil. Smart Digital Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $0.20 Mil. Smart Digital Group's Total Stockholders Equity for the quarter that ended in Sep. 2024 was $6.38 Mil. Smart Digital Group's debt to equity for the quarter that ended in Sep. 2024 was 0.05.

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 Smart Digital Group's Debt-to-Equity or its related term are showing as below:

SDM' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03   Med: 0.06   Max: 0.09
Current: 0.05

During the past 2 years, the highest Debt-to-Equity Ratio of Smart Digital Group was 0.09. The lowest was 0.03. And the median was 0.06.

SDM's Debt-to-Equity is ranked better than
80.95% of 840 companies
in the Media - Diversified industry
Industry Median: 0.26 vs SDM: 0.05

Smart Digital Group Debt-to-Equity Historical Data

The historical data trend for Smart Digital Group'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.

Smart Digital Group Debt-to-Equity Chart

Smart Digital Group Annual Data
Trend Sep22 Sep23
Debt-to-Equity
0.03 0.09

Smart Digital Group Semi-Annual Data
Sep22 Mar23 Sep23 Mar24 Sep24
Debt-to-Equity 0.03 N/A 0.09 0.07 0.05

Competitive Comparison of Smart Digital Group's Debt-to-Equity

For the Advertising Agencies subindustry, Smart Digital Group'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.

Smart Digital Group's Debt-to-Equity Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Smart Digital Group's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Smart Digital Group's Debt-to-Equity falls into.


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Smart Digital Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Smart Digital Group's Debt to Equity Ratio for the fiscal year that ended in Sep. 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
=(0.11 + 0.322) / 4.605
=0.09

Smart Digital Group's Debt to Equity Ratio for the quarter that ended in Sep. 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
=(0.099 + 0.204) / 6.379
=0.05

* 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.

Smart Digital Group  (NAS:SDM) 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.

Smart Digital Group Debt-to-Equity Related Terms

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

Smart Digital Group Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Smart Digital Group Ltd (NAS:SDM) » Definitions » Debt-to-Equity
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Traded in Other Exchanges
N/A
Address
150 Beach Road, 805/06 Gateway West, Singapore, SGP, 189720
Website
http://www.smdmeta.com
Smart Digital Group Ltd is a holding company and operates through subsidiaries. It is engaged in event planning and execution services. The company services include (1) event planning and execution services (2) internet media services, (3) software customization and marketing services, and (4) business planning and consulting services. Company generates key revenue from internet media services which include developing marketing strategies, designing marketing content, distributing such marketing content on select internet platforms and other related services.