Smart Global Holdings Stock Debt To Equity
| SGH Stock | USD 18.63 0.12 0.65% |
Smart Global Holdings fundamentals help investors to digest information that contributes to Smart Global's financial success or failures. It also enables traders to predict the movement of Smart Stock. The fundamental analysis module provides a way to measure Smart Global's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Smart Global stock.
| Last Reported | Projected for Next Year | ||
| Debt To Equity | 1.13 | 1.19 |
Smart | Debt To Equity |
Smart Global Holdings Company Debt To Equity Analysis
Smart Global's Debt to Equity is calculated by dividing the Total Debt of a company by its Equity. If the debt exceeds equity of a company, then the creditors have more stakes in a firm than the stockholders. In other words, Debt to Equity ratio provides analysts with insights about composition of both equity and debt, and its influence on the valuation of the company.
Current Smart Global Debt To Equity | 1.78 % |
Most of Smart Global's fundamental indicators, such as Debt To Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Smart Global Holdings is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Smart Debt To Equity Driver Correlations
Understanding the fundamental principles of building solid financial models for Smart Global is extremely important. It helps to project a fair market value of Smart Stock properly, considering its historical fundamentals such as Debt To Equity. Since Smart Global's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Smart Global's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Smart Global's interrelated accounts and indicators.
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Smart Debt To Equity Historical Pattern
Today, most investors in Smart Global Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Smart Global's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's debt to equity growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Smart Global debt to equity as a starting point in their analysis.
Smart Global Debt To Equity |
| Timeline |
High Debt to Equity ratio typically indicates that a firm has been borrowing aggressively to finance its growth and as a result may experience a burden of additional interest expense. This may reduce earnings or future growth. On the other hand a small D/E ratio may indicate that a company is not taking enough advantage from financial leverage. Debt to Equity ratio measures how the company is leveraging borrowing against the capital invested by the owners.
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Smart Total Stockholder Equity
Total Stockholder Equity |
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According to the company disclosure, Smart Global Holdings has a Debt To Equity of 1.783%. This is 96.98% lower than that of the Semiconductors & Semiconductor Equipment sector and 96.48% lower than that of the Information Technology industry. The debt to equity for all United States stocks is 96.34% higher than that of the company.
Smart Debt To Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Smart Global's direct or indirect competition against its Debt To Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Smart Global could also be used in its relative valuation, which is a method of valuing Smart Global by comparing valuation metrics of similar companies.Smart Global is currently under evaluation in debt to equity category among related companies.
Smart Fundamentals
| Return On Equity | 0.0593 | ||||
| Return On Asset | 0.0178 | ||||
| Profit Margin | (0.16) % | ||||
| Operating Margin | 0.02 % | ||||
| Current Valuation | 1.31 B | ||||
| Shares Outstanding | 51.83 M | ||||
| Shares Owned By Insiders | 1.79 % | ||||
| Shares Owned By Institutions | 98.21 % | ||||
| Number Of Shares Shorted | 4.58 M | ||||
| Price To Earning | 25.86 X | ||||
| Price To Book | 2.47 X | ||||
| Price To Sales | 0.83 X | ||||
| Revenue | 1.44 B | ||||
| Gross Profit | 424.58 M | ||||
| EBITDA | 116.63 M | ||||
| Net Income | 9.69 M | ||||
| Cash And Equivalents | 363.06 M | ||||
| Cash Per Share | 7.47 X | ||||
| Total Debt | 856.85 M | ||||
| Debt To Equity | 1.78 % | ||||
| Current Ratio | 2.23 X | ||||
| Book Value Per Share | 7.75 X | ||||
| Cash Flow From Operations | 63.68 M | ||||
| Short Ratio | 2.83 X | ||||
| Earnings Per Share | 0.11 X | ||||
| Price To Earnings To Growth | 0.09 X | ||||
| Target Price | 27.7 | ||||
| Number Of Employees | 3 K | ||||
| Beta | 1.73 | ||||
| Market Capitalization | 994.62 M | ||||
| Total Asset | 1.51 B | ||||
| Retained Earnings | 82.46 M | ||||
| Working Capital | 481.15 M | ||||
| Net Asset | 1.51 B |
About Smart Global Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Smart Global Holdings's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Smart Global using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Smart Global Holdings based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Smart Global in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Smart Global's short interest history, or implied volatility extrapolated from Smart Global options trading.
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Check out Smart Global Piotroski F Score and Smart Global Altman Z Score analysis. Note that the Smart Global Holdings information on this page should be used as a complementary analysis to other Smart Global's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Complementary Tools for Smart Stock analysis
When running Smart Global's price analysis, check to measure Smart Global's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Smart Global is operating at the current time. Most of Smart Global's value examination focuses on studying past and present price action to predict the probability of Smart Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Smart Global's price. Additionally, you may evaluate how the addition of Smart Global to your portfolios can decrease your overall portfolio volatility.
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Is Smart Global's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Smart Global. If investors know Smart will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Smart Global listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.73) | Earnings Share 0.11 | Revenue Per Share 23.891 | Quarterly Revenue Growth (0.27) | Return On Assets 0.0178 |
The market value of Smart Global Holdings is measured differently than its book value, which is the value of Smart that is recorded on the company's balance sheet. Investors also form their own opinion of Smart Global's value that differs from its market value or its book value, called intrinsic value, which is Smart Global's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Smart Global's market value can be influenced by many factors that don't directly affect Smart Global's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Smart Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Smart Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Smart Global's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.