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| Date | Value |
|---|---|
| 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 |