Smart Good Things Holding (XPAR:MLSGT) Debt-to-Equity : 0.13 (As of Jun. 2023)

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What is Smart Good Things Holding Debt-to-Equity?

Smart Good Things Holding's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was €1.32 Mil. Smart Good Things Holding's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was €4.81 Mil. Smart Good Things Holding's Total Stockholders Equity for the quarter that ended in Jun. 2023 was €48.01 Mil. Smart Good Things Holding's debt to equity for the quarter that ended in Jun. 2023 was 0.13.

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 Smart Good Things Holding's Debt-to-Equity or its related term are showing as below:

XPAR:MLSGT' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.13 Med: 0.15 Max: 0.17
Current: 0.13

During the past 2 years, the highest Debt-to-Equity Ratio of Smart Good Things Holding was 0.17. The lowest was 0.13. And the median was 0.15.

XPAR:MLSGT's Debt-to-Equity is ranked better than
75.9% of 1643 companies
in the Consumer Packaged Goods industry
Industry Median: 0.41 vs XPAR:MLSGT: 0.13

Smart Good Things Holding Debt-to-Equity Historical Data

The historical data trend for Smart Good Things Holding'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.

Smart Good Things Holding Debt-to-Equity Chart

Smart Good Things Holding Annual Data

Trend

Dec21

Dec22

Debt-to-Equity

-3.62

0.17

Smart Good Things Holding Semi-Annual Data
	Jun22	Dec22	Jun23
Debt-to-Equity	N/A	0.17	0.13

Competitive Comparison of Smart Good Things Holding's Debt-to-Equity

For the Packaged Foods subindustry, Smart Good Things Holding'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.

Smart Good Things Holding's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Smart Good Things Holding's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Smart Good Things Holding's Debt-to-Equity falls into.

Smart Good Things Holding Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Smart Good Things Holding'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
	=	(4.742	+	0.486)	/	31.291
	=	0.17

Smart Good Things Holding's Debt to Equity Ratio for the quarter that ended in Jun. 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
	=	(1.318	+	4.808)	/	48.012
	=	0.13

Smart Good Things Holding (XPAR:MLSGT) 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.

Smart Good Things Holding Debt-to-Equity Related Terms

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Smart Good Things Holding (XPAR:MLSGT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Smart Good Things Holding SA (XPAR:MLSGT) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

4 Rue Bernard Palissy, Puteaux-la-Defense, FRA, 92800

Website

https://smartgoodthings.com

Smart Good Things Holding SA is a holding company organized mainly around two business segments namely production of powdered preparations for nutritional instant drinks and development of a concierge service platform dedicated to the elderly: a platform offering services related to assistance in the small daily tasks, food shopping, support in the daily procedures.

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