Schmitt Industries Stock Total Debt

SMITDelisted Stock  USD 0.19  0.00  0.00%   
Schmitt Industries fundamentals help investors to digest information that contributes to Schmitt Industries' financial success or failures. It also enables traders to predict the movement of Schmitt Pink Sheet. The fundamental analysis module provides a way to measure Schmitt Industries' 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 Schmitt Industries pink sheet.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Schmitt Industries Company Total Debt Analysis

Schmitt Industries' Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.

Total Debt

 = 

Bonds

+

Notes

More About Total Debt | All Equity Analysis

Current Schmitt Industries Total Debt

    
  2.5 M  
Most of Schmitt Industries' fundamental indicators, such as Total Debt, 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, Schmitt Industries is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.
Competition

Based on the latest financial disclosure, Schmitt Industries has a Total Debt of 2.5 M. This is 99.85% lower than that of the Electronic Equipment, Instruments & Components sector and 99.48% lower than that of the Information Technology industry. The total debt for all United States stocks is 99.95% higher than that of the company.

Schmitt Total Debt Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Schmitt Industries' direct or indirect competition against its Total Debt to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Schmitt Industries could also be used in its relative valuation, which is a method of valuing Schmitt Industries by comparing valuation metrics of similar companies.
Schmitt Industries is currently under evaluation in total debt category among its peers.

Schmitt Fundamentals

About Schmitt Industries Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Schmitt Industries's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Schmitt Industries using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Schmitt Industries 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.

Thematic Opportunities

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Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.

Other Consideration for investing in Schmitt Pink Sheet

If you are still planning to invest in Schmitt Industries check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Schmitt Industries' history and understand the potential risks before investing.
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