Scope Metals Group Stock Debt To Equity

SCOP Stock  ILA 13,770  190.00  1.36%   
Scope Metals Group fundamentals help investors to digest information that contributes to Scope Metals' financial success or failures. It also enables traders to predict the movement of Scope Stock. The fundamental analysis module provides a way to measure Scope Metals' 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 Scope Metals stock.
  
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Scope Metals Group Company Debt To Equity Analysis

Scope Metals' 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.

D/E

 = 

Total Debt

Total Equity

More About Debt To Equity | All Equity Analysis

Current Scope Metals Debt To Equity

    
  2.10 %  
Most of Scope Metals' 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, Scope Metals Group is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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.
Competition

According to the company disclosure, Scope Metals Group has a Debt To Equity of 2.099%. This is 97.22% lower than that of the Industrials sector and 97.79% lower than that of the Industrial Distribution industry. The debt to equity for all Israel stocks is 95.69% higher than that of the company.

Scope Debt To Equity Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Scope Metals' 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 Scope Metals could also be used in its relative valuation, which is a method of valuing Scope Metals by comparing valuation metrics of similar companies.
Scope Metals is currently under evaluation in debt to equity category among its peers.

Scope Fundamentals

About Scope Metals Fundamental Analysis

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

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Other Information on Investing in Scope Stock

Scope Metals financial ratios help investors to determine whether Scope Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Scope with respect to the benefits of owning Scope Metals security.