Strong Global Entertainment (Strong Global Entertainment) Debt-to-Equity : 1.18 (As of Mar. 2024)

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What is Strong Global Entertainment Debt-to-Equity?

Strong Global Entertainment's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $3.39 Mil. Strong Global Entertainment's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $5.50 Mil. Strong Global Entertainment's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $7.56 Mil. Strong Global Entertainment's debt to equity for the quarter that ended in Mar. 2024 was 1.17.

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 Strong Global Entertainment's Debt-to-Equity or its related term are showing as below:

SGE' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.32 Med: 0.4 Max: 2.04
Current: 1.18

During the past 5 years, the highest Debt-to-Equity Ratio of Strong Global Entertainment was 2.04. The lowest was 0.32. And the median was 0.40.

SGE's Debt-to-Equity is ranked worse than
89.59% of 2191 companies
in the Hardware industry
Industry Median: 0.29 vs SGE: 1.18

Strong Global Entertainment Debt-to-Equity Historical Data

The historical data trend for Strong Global Entertainment'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.

Strong Global Entertainment Debt-to-Equity Chart

Strong Global Entertainment Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

N/A

0.32

0.40

0.39

1.17

Strong Global Entertainment Quarterly Data
	Dec19	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial										0.56	2.04	0.94	1.17	1.18

Competitive Comparison of Strong Global Entertainment's Debt-to-Equity

For the Computer Hardware subindustry, Strong Global Entertainment'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.

Strong Global Entertainment's Debt-to-Equity Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Strong Global Entertainment's Debt-to-Equity distribution charts can be found below:

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

Strong Global Entertainment Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Strong Global Entertainment'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
	=	(3.376	+	5.732)	/	7.794
	=	1.17

Strong Global Entertainment's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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
	=	(3.385	+	5.499)	/	7.561
	=	1.17

Strong Global Entertainment (AMEX:SGE) 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.

Strong Global Entertainment Debt-to-Equity Related Terms

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

Strong Global Entertainment (Strong Global Entertainment) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Strong Global Entertainment Inc (AMEX:SGE) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

4201 Congress Street, Suite 175, Charlotte, NC, USA, 28209

Website

https://www.strong-entertainment.com

Strong Global Entertainment Inc is engaged in providing products and services to cinema exhibitors and entertainment venues. It manufactures and distributes premium large format projection screens, provide comprehensive managed services, technical support and related products and services primarily to cinema exhibitors, theme parks, educational institutions, and similar venues. It also provides maintenance, repair, installation, network support services and other services to cinema operators, primarily in the United States.

Executives

Mark D. Roberson	director, officer: CEO and Director	27271 LAS RAMBLAS, STE. 200, MISSION VIEJO CA 92691
Fg Group Holdings Inc.	10 percent owner	4201 CONGRESS STREET, SUITE 175, CHARLOTTE NC 28209
Strong/mdi Screen Systems, Inc.	10 percent owner	1440 RAOUL-CHARETTE, JOLIETTE A8 J6E 8S7
Kyle Cerminara	director	C/O FUNDAMENTAL GLOBAL INVESTORS, LLC, 108 GATEWAY BLVD., SUITE 204, MOORESVILLE NC 28117
Ray Boegner	officer: President	4350 MCKINLEY ST, OMAHA NE 68112
Todd Robert Major	officer: CFO, Secretary & Treasury	4201 CONGRESS STREET, SUITE 175, CHARLOTTE NC 28209
John W. Struble	director	C/O RELM WIRELESS CORPORATION, 7100 TECHNOLOGY DRIVE, WEST MELBOURNE FL 32904
Marsha G King	director	C/O 1347 PROPERTY INSURANCE HOLDINGS, IN, 1511 N. WESTSHORE BLVD., SUITE 870, TAMPA FL 33607
Govignon Richard Edward Jr	director	54 ANNETTE DR, MARLBORO NJ 07746

Strong Global Entertainment (Strong Global Entertainment) Headlines

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