Sustainable Green Team (Sustainable Green Team) Debt-to-Equity : 0.58 (As of Sep. 2023)

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What is Sustainable Green Team Debt-to-Equity?

Sustainable Green Team's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $29.65 Mil. Sustainable Green Team's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $21.22 Mil. Sustainable Green Team's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $88.15 Mil. Sustainable Green Team's debt to equity for the quarter that ended in Sep. 2023 was 0.58.

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 Sustainable Green Team's Debt-to-Equity or its related term are showing as below:

SGTM' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.56 Med: 0.58 Max: 0.6
Current: 0.58

During the past 2 years, the highest Debt-to-Equity Ratio of Sustainable Green Team was 0.60. The lowest was 0.56. And the median was 0.58.

SGTM's Debt-to-Equity is ranked worse than
55.09% of 265 companies
in the Forest Products industry
Industry Median: 0.5 vs SGTM: 0.58

Sustainable Green Team Debt-to-Equity Historical Data

The historical data trend for Sustainable Green Team'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.

Sustainable Green Team Debt-to-Equity Chart

Sustainable Green Team Annual Data

Trend

Dec21

Dec22

Debt-to-Equity

0.56

0.59

Sustainable Green Team Quarterly Data
	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial			N/A	0.59	0.60	0.56	0.58

Competitive Comparison of Sustainable Green Team's Debt-to-Equity

For the Lumber & Wood Production subindustry, Sustainable Green Team'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.

Sustainable Green Team's Debt-to-Equity Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Sustainable Green Team's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Sustainable Green Team's Debt-to-Equity falls into.

Sustainable Green Team Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Sustainable Green Team'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
	=	(11.562	+	31.362)	/	72.676
	=	0.59

Sustainable Green Team'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
	=	(29.65	+	21.219)	/	88.151
	=	0.58

Sustainable Green Team (OTCPK:SGTM) 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.

Sustainable Green Team Debt-to-Equity Related Terms

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Sustainable Green Team (Sustainable Green Team) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Sustainable Green Team Ltd (OTCPK:SGTM) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

24200 County RD 561, Astatula, FL, USA, 34705

Website

https://www.thesustainablegreenteam.com

Sustainable Green Team Ltd, along with its subsidiaries, is engaged in mulch manufacturing. It acquires wood-based, feedstock, and other natural materials used for its mulch products. The company provides tree services, debris hauling, and removal, biomass recycling, mulch manufacturing, packaging, and sales. Its customers include governmental, residential, commercial customers, and retailers.