BackSchmitt Industries Overview
Schmitt Industries Inc

Schmitt Industries Debt to Equity

Latest debt-to-equity ratio for Schmitt Industries: 30.57 — see history and peer comparisons.

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Debt to Equity

30.57

Debt to Equity

30.57

Debt-to-Equity ratio measures a company's financial leverage by comparing its total debt to shareholder equity. A lower D/E ratio generally indicates a more financially stable company with less risk.

Debt to Equity (Comparison Companies)

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Debt to Equity History

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Debt to Equity Comparison

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Schmitt Industries (SMIT) FAQ

As of the most recent data, SMIT shows a debt-to-equity ratio of 30.57. That is above the Industrials sector average of 1.29. Scroll down for historical charts and peer comparison views.

The Industrials sector average debt-to-equity ratio is about 1.29. Schmitt Industries is at 30.57, which is higher that average. That is roughly 2264.9% above the sector mean. Use the comparison chart on this page to see how SMIT stacks up against individual peers as well.

Investors watch SMIT's debt-to-equity ratio because it compresses price and fundamentals into one number that is easy to compare across companies and over time. Schmitt Industries's latest reading is 30.57. Combining that with growth, ROE, and debt metrics usually beats relying on a single multiple.

Besides this debt-to-equity ratio page, Stockcircle has Schmitt Industries's full stock overview, other financial metrics, insider and congress trade tabs, and tools to follow the stock. Together they help you connect debt-to-equity ratio (currently 30.57) with ownership activity and broader fundamentals.

The Industrials average debt-to-equity ratio is about 1.29, while SMIT is at 30.57. Typical ranges vary by sub-industry, so always sanity-check against the closest competitors, not just the whole sector bucket.