What is Sugarmade Debt-to-Equity?
Sugarmade's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2022 was $4.16 Mil. Sugarmade's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2022 was $6.01 Mil. Sugarmade's Total Stockholders Equity for the quarter that ended in Dec. 2022 was $-2.88 Mil.
Sugarmade's debt to equity for the quarter that ended in Dec. 2022 was -3.53.
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 Sugarmade's Debt-to-Equity or its related term are showing as below:
SGMD'
s Debt-to-Equity Range Over the Past 10 Years
Min: -3.88 Med: -0.38 Max: 1.67
Current: -2.35
During the past 13 years, the highest Debt-to-Equity Ratio of Sugarmade was 1.67. The lowest was -3.88. And the median was -0.38.
Sugarmade Debt-to-Equity Historical Data
The historical data trend for Sugarmade'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.
Sugarmade Debt-to-Equity Chart
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Sugarmade Annual Data
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Trend |
Jun14 |
Jun15 |
Jun16 |
Jun17 |
Jun18 |
Jun19 |
Jun20 |
Jun21 |
Jun22 |
Jun23 |
| Debt-to-Equity |
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0.09 |
-0.38 |
1.67 |
-3.88 |
-2.35 |
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Sugarmade Quarterly Data
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Jun18 |
Sep18 |
Dec18 |
Mar19 |
Jun19 |
Sep19 |
Dec19 |
Mar20 |
Jun20 |
Sep20 |
Dec20 |
Mar21 |
Jun21 |
Sep21 |
Dec21 |
Mar22 |
Jun22 |
Sep22 |
Dec22 |
Jun23 |
| Debt-to-Equity |
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-6.29 |
-3.88 |
11.90 |
-3.54 |
-2.35 |
Competitive Comparison of Sugarmade's Debt-to-Equity
For the Paper & Paper Products subindustry, Sugarmade'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.
Sugarmade's Debt-to-Equity Distribution in the Forest Products Industry
For the Forest Products industry and Basic Materials sector, Sugarmade's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Sugarmade's Debt-to-Equity falls into.
Sugarmade Debt-to-Equity Calculation
Debt to Equity measures the financial leverage a company has.
Sugarmade's Debt to Equity Ratio for the fiscal year that ended in Jun. 2023 is calculated as
Sugarmade's Debt to Equity Ratio for the quarter that ended in Dec. 2022 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.
Sugarmade (Sugarmade) Business Description
Traded in Other Exchanges
N/A
Address
20529 East Walnut Drive North, Walnut, CA, USA, 91789
Sugarmade Inc is engaged in the marketing and distribution of environmentally friendly non-tree-based paper products. It offers products such as double poly paper cups for cold beverages; disposable, clear, plastic cold cups, paper coffee cups, yogurt cups, ice cream cups, cup lids, cup sleeves, food containers, soup containers, plastic spoons, and many other similar products for this market sector. The company operates under through Carry Out Supplies Subsidiary brand. In addition, it is also involved in the manufacturing and distribution of products and technologies that support the legal cultivation and processing of cannabis and other agricultural products.
Executives
| Khoi Dang |
director |
17785 CENTER COURT DRIVE, SUITE 750, CERRITOS CA 90703 |
| Chenlong Tan |
director, 10 percent owner, other: Investor |
2399 BATEMAN AVE., IRWINDALE CA 91010 |
| Allan James Huang |
10 percent owner, other: INVESTOR |
750 ROYAL OAKS DR., #108, MONROVIA CA 91016 |
| Jimmy Chan |
director, 10 percent owner, officer: CEO and Director |
167 N. SUNSET AVE., CITY OF INDUSTRY CA 91744 |
| Er Wang |
director |
949 S. HOPE ST., APT. 201, LOS ANGELES CA 90015 |
| Waylon Huang |
director |
1510 JELLICK AVE., ROWLAND HEIGHTS CA 91748 |
| Kevin M Kearney |
director |
2051 COFFEE LANE, SABASTOPOL CA 95472 |
| Stephan Pinto |
director |
3000 DANVILLE BLVD F421, ALAMO CA 94507 |
| Edward Roffman |
director |
2330 MARINSHIP WAY #300, SAUSALITO CA 94965 |
| Sanford Salzberg |
director |
C/O SUGARMADE, INC., 2280 LINCOLN AVENUE, SUITE 200, SAN JOSE CA 95125 |
| C James Jensen |
director |
C/O ASPEN GROUP, INC., 276 FIFTH AVENUE, SUITE 505, NEW YORK NY 10001 |
| Leung Clifton Kuok Wai |
director, 10 percent owner |
C/O SUGARMADE, INC., 2280 LINCOLN AVE, #200, SAN JOSE CA 95125 |
| Diversified Opportunities, Inc. |
10 percent owner |
750 ROYAL OAKS DR. STE. 108, MONROVIA CA 91016 |
| Jonathan Shultz |
other: 10% owner until 5/9/2011 |
6440 LUSK BOULEVARD, SUITE 200, SAN DIEGO CA 92121 |
| Scott Lantz |
director, 10 percent owner, officer: CEO |
C/O SUGARMADE, INC., 2280 LINCOLN AVE, #200, SAN JOSE CA 95125 |
Sugarmade (Sugarmade) Headlines
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