The Singing Machine Company, Inc. (MICS) Short-Term Debt to Capital

This price chart illustrates the price action of The Singing Machine (MICS), where the indicator stands at 1.45. The business is expanding its network of audio services and smart speakers to broaden its consumer presence. Patents and exclusive music rights serve as defensive assets. However, the company is facing a crisis due to the popularity of free smart apps, which is leading to a decline in traditional hardware sales.

MICS - Singing Machine Company Short-Term Debt to Capital over the range 04/28/2023 - 10/27/2026

Analytical breakdowns for singingmachine.com (MICS)

- price and consensus price forecast:

Price Chart The Singing Machine Company, Inc.|MICS - Fair Value Consensus

- market capitalization data:

Market Capitalization The Singing Machine Company|MICS - Total Enterprise Value

- book capitalization data:

Book Value per Share Singing Machine|MICS - Book Capitalization|Market Cap to Net Assets Ratio singingmachine.com|MICS - Aggregate Business Assets

- debt and liquidity data:

Total Debt to Capital The Singing Machine|MICS - Ratio of Long-Term Indebtedness to Capital|Short-Term Debt to Equity Singing Machine|MICS - Company Cumulative Debt|Debt to Book Capitalization Ratio The Singing Machine Company

General company analysis:MICS (The Singing Machine Company, Inc.)

The short-term debt-to-equity ratio measures the proportion of loans maturing within one year relative to equity, determining a company's ability to withstand a liquidity shock. By analyzing changes in the short-term debt-to-equity ratio, an investor assesses the financial stability of The Singing Machine (MICS) amid seasonal demand for electronics and risks associated with dependence on Chinese manufacturing and content licensing.

Competitors of The Singing Machine