SMX (Security Matters) (SMX (Security Matters)) Debt-to-Equity : 0.36 (As of Dec. 2023)

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What is SMX (Security Matters) Debt-to-Equity?

SMX (Security Matters)'s Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $3.18 Mil. SMX (Security Matters)'s Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.89 Mil. SMX (Security Matters)'s Total Stockholders Equity for the quarter that ended in Dec. 2023 was $11.48 Mil. SMX (Security Matters)'s debt to equity for the quarter that ended in Dec. 2023 was 0.36.

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 SMX (Security Matters)'s Debt-to-Equity or its related term are showing as below:

SMX' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.1 Med: 0.25 Max: 2.52
Current: 0.36

During the past 4 years, the highest Debt-to-Equity Ratio of SMX (Security Matters) was 2.52. The lowest was 0.10. And the median was 0.25.

SMX's Debt-to-Equity is ranked better than
52.32% of 927 companies
in the Business Services industry
Industry Median: 0.38 vs SMX: 0.36

SMX (Security Matters) Debt-to-Equity Historical Data

The historical data trend for SMX (Security Matters)'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.

SMX (Security Matters) Debt-to-Equity Chart

SMX (Security Matters) Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

0.14

0.10

2.52

0.36

SMX (Security Matters) Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial			0.10	0.21	2.52	-0.39	0.36

Competitive Comparison of SMX (Security Matters)'s Debt-to-Equity

For the Specialty Business Services subindustry, SMX (Security Matters)'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.

SMX (Security Matters)'s Debt-to-Equity Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, SMX (Security Matters)'s Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where SMX (Security Matters)'s Debt-to-Equity falls into.

SMX (Security Matters) Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

SMX (Security Matters)'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
	=	(3.181	+	0.894)	/	11.476
	=	0.36

SMX (Security Matters)'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
	=	(3.181	+	0.894)	/	11.476
	=	0.36

SMX (Security Matters) (NAS:SMX) 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.

SMX (Security Matters) Debt-to-Equity Related Terms

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SMX (Security Matters) (SMX (Security Matters)) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » SMX (Security Matters) PLC (NAS:SMX) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Sussex Road, Mespil Business Centre, Mespil House, Dublin, IRL, D04 T4A6

Website

https://smx.tech/home

SMX (Security Matters) PLC provides one solution to solve both authentication and track and trace challenges in order to uphold supply chain integrity and provide quality assurance and brand accountability to producers of goods. Its technology works as a track and trace system using a marker, a reader, and an algorithm to identify embedded sub-molecular particles in order to track and trace different components along a production process (or any other marked good along a supply chain) to the end producer.