Sidus Space (Sidus Space) Debt-to-Equity : 0.68 (As of Dec. 2023)

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What is Sidus Space Debt-to-Equity?

Sidus Space's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $4.82 Mil. Sidus Space's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil. Sidus Space's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $7.13 Mil. Sidus Space's debt to equity for the quarter that ended in Dec. 2023 was 0.68.

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 Sidus Space's Debt-to-Equity or its related term are showing as below:

SIDU' s Debt-to-Equity Range Over the Past 10 Years
Min: -1.32 Med: 0.39 Max: 0.68
Current: 0.68

During the past 5 years, the highest Debt-to-Equity Ratio of Sidus Space was 0.68. The lowest was -1.32. And the median was 0.39.

SIDU's Debt-to-Equity is ranked worse than
66.93% of 257 companies
in the Aerospace & Defense industry
Industry Median: 0.44 vs SIDU: 0.68

Sidus Space Debt-to-Equity Historical Data

The historical data trend for Sidus Space'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.

Sidus Space Debt-to-Equity Chart

Sidus Space Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

-1.32

-1.24

0.39

0.62

0.68

Sidus Space Quarterly Data
	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial										0.62	0.54	0.19	0.32	0.68

Competitive Comparison of Sidus Space's Debt-to-Equity

For the Aerospace & Defense subindustry, Sidus Space'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.

Sidus Space's Debt-to-Equity Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Sidus Space's Debt-to-Equity distribution charts can be found below:

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

Sidus Space Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Sidus Space'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
	=	(4.818	+	0)	/	7.132
	=	0.68

Sidus Space'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
	=	(4.818	+	0)	/	7.132
	=	0.68

Sidus Space (NAS:SIDU) 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.

Sidus Space Debt-to-Equity Related Terms

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Sidus Space (Sidus Space) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Sidus Space Inc (NAS:SIDU) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

150 N. Sykes Creek Parkway, Suite 200, Merritt Island, FL, USA, 32953

Website

https://www.sidusspace.com

Sidus Space Inc is a Space and Defense as-a-Service company focused on providing complex space hardware, satellite/spacecraft design, manufacture, launch, and data solutions for both government and commercial in-space missions for all destinations through the solar system. This includes a Space-based infrastructure of multi-mission satellites with hyperspectral, multi-spectral and other sensors to provide monitoring services and solutions to multiple sectors and industries. The company supports Commercial Space, Aerospace, Defense, Underwater Marine and other commercial and government customers.

Executives

Carol Marlene Craig	director, 10 percent owner, officer: CEO	150 N. SYKES CREEK PKWY, SUITE 200, MERRITT ISLAND FL 32953
Leonardo Riera	director	18688 SEA TURTLE LANE, BOCA RATON FL 33498
Miguel Valero	director	150 N. SYKES CREEK PARKWAY, SUITE 200, MERRITT ISLAND FL 32953
Oliver John Cole	director	150 N. SYKES CREEK PARKWAY, SUITE 200, MERRITT ISLAND FL 32943
Dana S Kilborne	director	102 WEST BAKER STREET, PLANT CITY FL 33563
Scott J Silverman	officer: Chief Financial Officer	1825 PONCE DE LEON BLVD., SUITE 411, CORAL GABLES FL 33134