Sincerity Applied Materials Holdings Corp. (SINC) Debt to Equity (2013 - 2022)

Sincerity Applied Materials Holdings (SINC) reported Debt to Equity of $0.2 for Q2 2022, down 91.5% on a YoY basis from $2.3 in Q2 2021, and down 93.61% quarter-over-quarter from $3.06 in Q1 2022.

Sincerity Applied Materials Holdings Corp. (SINC) Debt to Equity (2013 - 2022) Analysis & Trends

Sincerity Applied Materials Holdings has reported Debt to Equity for 9 years, with the latest figure at $0.2 in Q2 2022.

  • For the quarter ending Q2 2022, Debt to Equity fell 91.5% year-over-year to $0.2; the trailing twelve-month figure through Jun 2022 stood at $0.2 (down 91.5% YoY), and the FY2020 full-year result was $0.88, down 62.63% from the prior year.
  • Debt to Equity for Q2 2022 stood at $0.2, down from $3.06 in the prior quarter.
  • The five-year high for Debt to Equity was $52.55 in Q4 2018, with the low at -$1.57 in Q1 2019.
  • Historically, Debt to Equity has averaged $7.62 across 5 years, with a median of $2.35 in 2019.
  • Annual changes were most pronounced in 2019 — Debt to Equity sank 6306.2% — and 2020, when it soared 11670.96%.
  • Sincerity Applied Materials Holdings' Debt to Equity stood at $52.55 in 2018, then slumped by 95.54% to $2.35 in 2019, then plunged by 62.63% to $0.88 in 2020, then soared by 218.29% to $2.79 in 2021, then plunged by 92.99% to $0.2 in 2022.
  • The last three Debt to Equity figures came in at $0.2 (Q2 2022), $3.06 (Q1 2022), and $2.79 (Q3 2021), per Business Quant data.

Peer Comparison

Historic Data

Download Data
DateValue
Jun 30, 2022 0.20
Mar 31, 2022 3.06
Sep 30, 2021 2.79
Jun 30, 2021 2.30
Mar 31, 2021 2.20
Dec 31, 2020 0.88
Sep 30, 2020 1.69
Jun 30, 2020 5.42
Mar 31, 2020 10.43
Dec 31, 2019 2.35
Sep 30, 2019 -0.01
Jun 30, 2019 19.78
Mar 31, 2019 -1.57
Dec 31, 2018 52.55
Sep 30, 2018 22.58
Jun 30, 2018 4.90
Mar 31, 2018 -0.02
Dec 31, 2017 -0.66
Sep 30, 2017 11.98
Dec 31, 2016 -0.31