Susglobal Energy (Susglobal Energy) Debt-to-Equity : -1.28 (As of Sep. 2023)

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What is Susglobal Energy Debt-to-Equity?

Susglobal Energy's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $19.90 Mil. Susglobal Energy's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.00 Mil. Susglobal Energy's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $-15.60 Mil. Susglobal Energy's debt to equity for the quarter that ended in Sep. 2023 was -1.28.

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 Susglobal Energy's Debt-to-Equity or its related term are showing as below:

SNRG' s Debt-to-Equity Range Over the Past 10 Years
Min: -6.11 Med: -1.86 Max: 2.68
Current: -1.28

During the past 7 years, the highest Debt-to-Equity Ratio of Susglobal Energy was 2.68. The lowest was -6.11. And the median was -1.86.

SNRG's Debt-to-Equity is not ranked
in the Waste Management industry.
Industry Median: 0.69 vs SNRG: -1.28

Susglobal Energy Debt-to-Equity Historical Data

The historical data trend for Susglobal Energy'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.

Susglobal Energy Debt-to-Equity Chart

Susglobal Energy Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

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-2.74

-2.32

-1.66

-1.85

-1.34

Susglobal Energy Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial															-1.49	-1.34	-1.38	-1.30	-1.28

Competitive Comparison of Susglobal Energy's Debt-to-Equity

For the Waste Management subindustry, Susglobal Energy'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.

Susglobal Energy's Debt-to-Equity Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Susglobal Energy's Debt-to-Equity distribution charts can be found below:

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

Susglobal Energy Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Susglobal Energy'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
	=	(16.711	+	0.117)	/	-12.59
	=	-1.34

Susglobal Energy's Debt to Equity Ratio for the quarter 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
	=	(19.895	+	0)	/	-15.603
	=	-1.28

Susglobal Energy (OTCPK:SNRG) 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.

Susglobal Energy Debt-to-Equity Related Terms

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

Susglobal Energy (Susglobal Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Susglobal Energy Corp (OTCPK:SNRG) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

200 Davenport Road, Toronto, ON, CAN, M5R 1J2

Website

https://www.susglobalenergy.com

Susglobal Energy Corp is focused on acquiring, developing, and monetizing a portfolio of proprietary technologies in the waste-to-energy and regenerative products application. It operates in the renewable energy segment. The company provides a full range of services for handling organic residuals, which can be converted into electricity and fuels. Its products include SusGro BioFertilizer and Earth's Journey. The Company's management reporting structure provides for one segment: renewable energy and operates in one country, Canada.

Executives

Leslie Bruce Rintoul	director	2209 ROCHESTER CIRCLE, OAKVILLE Z4 L6M 5E3
Ike Makrimichalos	officer: Chief Financial Officer	200 DAVENPORT ROAD, TORONTO A6 M5R 1J2
Susan Harte	director	200 DAVENPORT ROAD, TORONTO A6 M5R 1J2
Marc Hazout	director, 10 percent owner, officer: Executive Chairman and Preside	5160 YONGE STREET, SUITE 803, TORONTO A6 M2N 6L9
Gordon E Miller	director	200 DAVENPORT ROAD, TORONTO A6 M5R 1J2
Gerald P Hamaliuk	director, 10 percent owner, officer: Chief Executive Officer	200 DAVENPORT ROAD, TORONTO A6 M5R 1J2
Ryan Christopher Duffy	director	88 BROOKE AVE., TORONTO A6 M5M2J9
Vincent Ramoutar	director	200 DAVENPORT ROAD, TORONTO A6 M5R1J2
Laurence Zeifman	director	200 DAVENPORT ROAD, TORONTO A6 M5R1J2
Andrea N Calla	director	200 DAVENPORT ROAD, TORONTO A6 M5R1J2