Samsara Luggage (Samsara Luggage) Debt-to-Equity : -0.66 (As of Dec. 2023)

View and export this data going back to 2012. Start your Free Trial

What is Samsara Luggage Debt-to-Equity?

Samsara Luggage's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1.40 Mil. Samsara Luggage's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil. Samsara Luggage's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $-2.12 Mil. Samsara Luggage's debt to equity for the quarter that ended in Dec. 2023 was -0.66.

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 Samsara Luggage's Debt-to-Equity or its related term are showing as below:

SAML' s Debt-to-Equity Range Over the Past 10 Years
Min: -1.55 Med: -0.7 Max: -0.32
Current: -0.66

During the past 13 years, the highest Debt-to-Equity Ratio of Samsara Luggage was -0.32. The lowest was -1.55. And the median was -0.70.

SAML's Debt-to-Equity is not ranked
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 0.44 vs SAML: -0.66

Samsara Luggage Debt-to-Equity Historical Data

The historical data trend for Samsara Luggage'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.

Samsara Luggage Debt-to-Equity Chart

Samsara Luggage Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

-0.74

-0.32

-0.37

-0.58

-0.66

Samsara Luggage Quarterly Data
	Jan19	Apr19	Jul19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															-0.58	-0.54	-0.57	-0.44	-0.66

Competitive Comparison of Samsara Luggage's Debt-to-Equity

For the Footwear & Accessories subindustry, Samsara Luggage'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.

Samsara Luggage's Debt-to-Equity Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Samsara Luggage's Debt-to-Equity distribution charts can be found below:

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

Samsara Luggage Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Samsara Luggage's Debt to Equity Ratio for the fiscal year that ended in Dec. 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
	=	(1.398	+	0)	/	-2.118
	=	-0.66

Samsara Luggage's Debt to Equity Ratio for the quarter that ended in Dec. 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
	=	(1.398	+	0)	/	-2.118
	=	-0.66

Samsara Luggage (OTCPK:SAML) 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.

Samsara Luggage Debt-to-Equity Related Terms

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

Samsara Luggage (Samsara Luggage) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Samsara Luggage Inc (OTCPK:SAML) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

135 East 57th Street, Suite 18-130, New York, NY, USA, 10022

Website

https://www.samsaraluggage.com

Samsara Luggage Inc designs manufactures and sells high-quality luggage products to meet the evolving needs of travelers. The company generates revenues through the sale and distribution of smart luggage products.

Executives

Atara Dzikowski	director, 10 percent owner, officer: Chief Executive Officer	YITZCHAK RABIN STREET 16, KIRYAT ONO L3 5551021
David Dahan	director, 10 percent owner, officer: Chief Technical Officer	YITZCHAK RABIN STREET 16, KIRYAT ONO L3 5551021
Chizkiyahu Lapin	director	5 ARIEL STREET, JERUSALEM L3 000000
Avraham Bengio	director, 10 percent owner, officer: See Remarks	7 ELIEZRI STREET, JERUSALEUM L3 00000
Israel Chaim Povarksy	director, officer: Secretary	17 AGRIPPAS STREET, JERUSALEM L3 00000