Singapore Technologies Engineering (Singapore Technologies Engineering) Debt-to-Equity : 2.48 (As of Dec. 2023)

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What is Singapore Technologies Engineering Debt-to-Equity?

Singapore Technologies Engineering's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1,925 Mil. Singapore Technologies Engineering's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $2,661 Mil. Singapore Technologies Engineering's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $1,846 Mil. Singapore Technologies Engineering's debt to equity for the quarter that ended in Dec. 2023 was 2.48.

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 Singapore Technologies Engineering's Debt-to-Equity or its related term are showing as below:

SGGKY' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.22 Med: 0.72 Max: 2.73
Current: 2.48

During the past 13 years, the highest Debt-to-Equity Ratio of Singapore Technologies Engineering was 2.73. The lowest was 0.22. And the median was 0.72.

SGGKY's Debt-to-Equity is ranked worse than
92.13% of 254 companies
in the Aerospace & Defense industry
Industry Median: 0.445 vs SGGKY: 2.48

Singapore Technologies Engineering Debt-to-Equity Historical Data

The historical data trend for Singapore Technologies Engineering'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.

Singapore Technologies Engineering Debt-to-Equity Chart

Singapore Technologies Engineering Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

1.05

0.89

0.88

2.73

2.48

Singapore Technologies Engineering Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.88	2.64	2.73	2.52	2.48

Competitive Comparison of Singapore Technologies Engineering's Debt-to-Equity

For the Aerospace & Defense subindustry, Singapore Technologies Engineering'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.

Singapore Technologies Engineering's Debt-to-Equity Distribution in the Aerospace & Defense Industry

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

* The bar in red indicates where Singapore Technologies Engineering's Debt-to-Equity falls into.

Singapore Technologies Engineering Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Singapore Technologies Engineering'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
	=	(1924.526	+	2660.784)	/	1846.213
	=	2.48

Singapore Technologies Engineering'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
	=	(1924.526	+	2660.784)	/	1846.213
	=	2.48

Singapore Technologies Engineering (OTCPK:SGGKY) 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.

Singapore Technologies Engineering Debt-to-Equity Related Terms

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

Singapore Technologies Engineering (Singapore Technologies Engineering) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Singapore Technologies Engineering Ltd (OTCPK:SGGKY) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

SGGKF:USA S63:Singapore SJX:Germany

Address

1 Ang Mo Kio Electronics Park Road, No. 07-01, ST Engineering Hub, Singapore, SGP, 567710

Website

https://www.stengg.com

Singapore Technologies Engineering is a Singaporean government-linked commercial and defense engineering group. Its key businesses include aircraft maintenance, repair and overhaul services, in which it is the world's largest independent third-party provider. The company's fastest-growing activities involve applications to smart city solutions where it provides tolling solutions, traffic control systems, command and control dashboards, cybersecurity tools, and other related components. Around two thirds of the company's revenue comes from commercial clients while the remainder is defense.