Synergy Empire (Synergy Empire) Debt-to-Equity : -1.00 (As of Dec. 2023)

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What is Synergy Empire Debt-to-Equity?

Synergy Empire's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1.34 Mil. Synergy Empire's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil. Synergy Empire's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $-1.34 Mil. Synergy Empire's debt to equity for the quarter that ended in Dec. 2023 was -1.00.

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 Synergy Empire's Debt-to-Equity or its related term are showing as below:

SHMY' s Debt-to-Equity Range Over the Past 10 Years
Min: -3.07 Med: -1.3 Max: -1
Current: -1

During the past 5 years, the highest Debt-to-Equity Ratio of Synergy Empire was -1.00. The lowest was -3.07. And the median was -1.30.

SHMY's Debt-to-Equity is not ranked
in the Restaurants industry.
Industry Median: 0.94 vs SHMY: -1.00

Synergy Empire Debt-to-Equity Historical Data

The historical data trend for Synergy Empire'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.

Synergy Empire Debt-to-Equity Chart

Synergy Empire Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

-1.13

-1.30

-3.07

-1.66

-1.01

Synergy Empire 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	Get a 7-Day Free Trial															-1.01	-1.01	-1.01	-1.01	-1.00

Competitive Comparison of Synergy Empire's Debt-to-Equity

For the Restaurants subindustry, Synergy Empire'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.

Synergy Empire's Debt-to-Equity Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Synergy Empire's Debt-to-Equity distribution charts can be found below:

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

Synergy Empire Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Synergy Empire's Debt to Equity Ratio for the fiscal year that ended in Mar. 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
	=	(1.333	+	0)	/	-1.317
	=	-1.01

Synergy Empire'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
	=	(1.34	+	0)	/	-1.336
	=	-1.00

Synergy Empire (OTCPK:SHMY) 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.

Synergy Empire Debt-to-Equity Related Terms

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

Synergy Empire (Synergy Empire) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Synergy Empire Ltd (OTCPK:SHMY) » Definitions » Debt-to-Equity

Comparable Companies

AMHG BOM:539659 SGX:1D3 HKSE:08056 HKSE:01007 HKSE:08096 WAR:MEX TSE:3223 HKSE:08475 HKSE:08432

Traded in Other Exchanges

N/A

Address

No. 19 Jalan 12/118B, Desa Tun Razak, Kuala Lumpur, MYS, 56100

Website

https://www.sweethut.com.my

Synergy Empire Ltd is engaged in the production and sale of food products, specifically desserts created and sold through various restaurants. The company sells the products under the brand name Sweet Hut. The company has two restaurant outlets and one central kitchen in Malaysia. The company cooperates with online food delivery companies to have their desserts displayed on their platforms in order to promote their desserts such as Foodpanda and Honestbee food delivery. The firm generates the majority of its revenue from the Dine-in service.

Synergy Empire (Synergy Empire) Headlines

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