Simpple (Simpple) Debt-to-Equity : 8.61 (As of Dec. 2022)

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What is Simpple Debt-to-Equity?

Simpple's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2022 was $0.95 Mil. Simpple's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2022 was $1.11 Mil. Simpple's Total Stockholders Equity for the quarter that ended in Dec. 2022 was $0.24 Mil. Simpple's debt to equity for the quarter that ended in Dec. 2022 was 8.61.

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

SPPL' s Debt-to-Equity Range Over the Past 10 Years
Min: -3.72 Med: -0.98 Max: 8.61
Current: 0.41

During the past 4 years, the highest Debt-to-Equity Ratio of Simpple was 8.61. The lowest was -3.72. And the median was -0.98.

SPPL's Debt-to-Equity is ranked worse than
67.16% of 2211 companies
in the Software industry
Industry Median: 0.21 vs SPPL: 0.41

Simpple Debt-to-Equity Historical Data

The historical data trend for Simpple'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.

Simpple Debt-to-Equity Chart

Simpple Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

-2.38

-3.72

8.61

0.41

Simpple Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Dec23
Debt-to-Equity	Get a 7-Day Free Trial			N/A	-3.72	-2.30	8.61	0.41

Competitive Comparison of Simpple's Debt-to-Equity

For the Software - Application subindustry, Simpple'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.

Simpple's Debt-to-Equity Distribution in the Software Industry

For the Software industry and Technology sector, Simpple's Debt-to-Equity distribution charts can be found below:

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

Simpple Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Simpple'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
	=	(0.636	+	0.465)	/	2.663
	=	0.41

Simpple's Debt to Equity Ratio for the quarter 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
	=	(0.952	+	1.105)	/	0.239
	=	8.61

Simpple (NAS:SPPL) 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.

Simpple Debt-to-Equity Related Terms

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

Simpple (Simpple) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Simpple Ltd (NAS:SPPL) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 03-07, 71 Ayer Rajah Crescent, Singapore, SGP, 139951

Website

https://www.simpple.com.sg

Simpple Ltd delivers an ecosystem solution that combines Internet-of-Things devices, robotic solutions and an integrated software system operating in unison to position buildings to be future-ready.

Simpple (Simpple) Headlines

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