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Star Equity Holdings (Star Equity Holdings) Debt-to-Equity

: 0.06 (As of Dec. 2023)
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Star Equity Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $2.46 Mil. Star Equity Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1.15 Mil. Star Equity Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $65.30 Mil. Star Equity Holdings's debt to equity for the quarter that ended in Dec. 2023 was 0.06.

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 Star Equity Holdings's Debt-to-Equity or its related term are showing as below:

STRR' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01   Med: 0.37   Max: 0.73
Current: 0.06

During the past 13 years, the highest Debt-to-Equity Ratio of Star Equity Holdings was 0.73. The lowest was 0.01. And the median was 0.37.

STRR's Debt-to-Equity is ranked better than
81.22% of 197 companies
in the Medical Diagnostics & Research industry
Industry Median: 0.24 vs STRR: 0.06

Star Equity Holdings Debt-to-Equity Historical Data

The historical data trend for Star Equity Holdings'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.

Star Equity Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.64 0.70 0.52 0.13 0.06

Star Equity Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Debt-to-Equity 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 Premium Member Only Premium Member Only Premium Member Only 0.13 0.32 0.03 0.04 0.06

Competitive Comparison

For the Diagnostics & Research subindustry, Star Equity Holdings'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.


Star Equity Holdings Debt-to-Equity Distribution

For the Medical Diagnostics & Research industry and Healthcare sector, Star Equity Holdings's Debt-to-Equity distribution charts can be found below:

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



Star Equity Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Star Equity Holdings's Debt to Equity Ratio for the quarter that ended in Dec. 2023 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.


Star Equity Holdings  (NAS:STRR) 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.


Star Equity Holdings Debt-to-Equity Related Terms

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


Star Equity Holdings (Star Equity Holdings) Business Description

Traded in Other Exchanges
Address
53 Forest Avenue, Suite 101, Old Greenwich, CT, USA, 06870
Star Equity Holdings Inc is a multi-industry diversified holding company with three segments; Healthcare segment provides products and services in the area of nuclear medicine imaging with a focus on cardiac health. It provides imaging services to healthcare providers using a fleet of solid-state gamma cameras and also the manufacturing, distribution, and maintenance of gamma cameras, The construction segment manufactures modular housing units for commercial and residential applications. It operates in two businesses: modular building manufacturing and structural wall panel and wood foundation manufacturing, including building supply retail operations, and The investments segment generates intercompany revenue from the lease of commercial properties and equipment.
Executives
Thatcher Butcher officer: President - KBS C/O STAR EQUITY HOLDINGS, INC., 53 FOREST AVENUE, SUITE 101, OLD GREENWICH CT 06870
Coleman Richard Kenneth Jr. officer: Chief Operating Officer 53 FOREST AVE, SUITE 101, OLD GREENWICH CT 06870
Ronald A. Schumacher officer: Exec Chairman - EdgeBuilder C/O STAR EQUITY HOLDINGS, INC., 53 FOREST AVENUE, SUITE 101, OLD GREENWICH CT 06870
Jeffrey E. Eberwein director 53 FOREST AVENUE, SUITE 101, OLD GREENWICH CT 06870
Mitchell I Quain director 53 FOREST AVENUE, SUITE 101, OLD GREENWICH CT 06870
John W Gildea director 53 FOREST AVENUE, SUITE 101, OLD GREENWICH CT 06870
Hannah M. Bible officer: Chief Legal Officer 53 FOREST AVENUE, SUITE 101, OLD GREENWICH CT 06870
Michael A. Cunnion director 53 FOREST AVENUE, SUITE 101, OLD GREENWICH CT 06870
David James Noble officer: Chief Operating Officer 53 FOREST AVENUE, SUITE 101, OLD GREENWICH CT 06870
Matthew G. Molchan officer: President and CEO 1048 INDUSTRIAL COURT, SUWANEE GA 30024
Cannell Capital Llc 10 percent owner 245 MERIWETHER CIRCLE, ALTA WY 83414
John M Climaco director PO BOX 326, PARK CITY UT 84060
Virgil Lott officer: President, Diagnostic Imaging 1048 INDUSTRIAL COURT, SUWANEE GA 30024
Michael Debeauvernet officer: General Manager,Mobile Imaging C/O DIGIRAD CORPORATION, 1048 INDUSTRIAL COURT, SUWANEE GA 30024
Jeffry R. Keyes officer: Chief Financial Officer 13950 STOWE DRIVE, POWAY CA 92064-8803