Singing Machine Company

Singing Machine Company Debt

Delisted

The Debt of Singing Machine Company (SMDM) as of Oct 23, 2026 is 1.29 M USD. In the previous year, Debt was 1.17 M USD — a change of 10.26% (higher).

Debt

1.29 MUSD

YoY

10.26%

Last updated:

In 2021, Singing Machine Company's total debt was 1.29 M USD, a 10.26% change from the 1.17 M USD total debt recorded in the previous year.

The Singing Machine Company Debt history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Debt
Date
Debt
Jan 1, 2014
2.53 M USD
Jan 1, 2015
3.04 M USD
Jan 1, 2016
2.62 M USD
Jan 1, 2017
1.92 M USD
Jan 1, 2018
1.44 M USD
Jan 1, 2019
970,000.00 USD
Jan 1, 2020
1.17 M USD
Jan 1, 2021
1.29 M USD
The Singing Machine Company Debt history
YEARDebtYoY
1.29 MUSD+10.26%
1.17 MUSD+20.62%
970,000.00USD-32.64%
1.44 MUSD-25.17%
1.92 MUSD-26.61%
2.62 MUSD-13.69%
3.04 MUSD+20.08%
2.53 MUSD—

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Singing Machine Company Stock analysis

What does Singing Machine Company do? The Singing Machine Company Inc. is a company that produces and distributes karaoke systems and accessories. It was founded in 1982 and is headquartered in Fort Lauderdale, Florida. The company has branches in Canada, Europe, and Asia. It started as a small family business and quickly became a leading provider of karaoke products. Over the years, the company has adapted and evolved its business model. In the 1990s, it focused on manufacturing CD players and karaoke systems for the consumer market. In the 2000s, it expanded to international markets and added professional karaoke systems for DJs and bars to its range. Today, it is a leading provider of karaoke products for both the consumer and professional markets. The company offers a wide range of karaoke systems, including all-in-one systems, portable CD players, Bluetooth speakers, and microphones. It also offers various accessories and software, such as karaoke songs, songbooks, and karaoke apps. The Singing Machine Company is divided into different business divisions that reflect its various product ranges. Its consumer division focuses on karaoke systems and accessories for home use, while its professional division offers DJ and bar karaoke systems, stage lighting, and audio equipment. The company also has a division for the A/V market, providing professional audio and video products for businesses, schools, and communities. One example of a Singing Machine Company product is the SML385BTBK karaoke system, which is an all-in-one system with a CD player, Bluetooth features, and a second microphone. It also has a USB port that allows users to store and play their favorite music on a USB drive. Overall, the Singing Machine Company Inc. has become a leading provider of karaoke products and accessories in America and international markets. By manufacturing high-quality products and constantly adapting to the changing needs of customers, the company has established itself as a market leader. Singing Machine Company is one of the most popular companies on Eulerpool.

Debt Details

Understanding Singing Machine Company's Debt Structure

Singing Machine Company's total debt refers to the cumulative financial obligations the company owes to external parties. This can include short-term and long-term borrowings, bonds, loans, and other financial instruments. Assessing the company's debt levels is crucial for evaluating its financial health, risk profile, and ability to fund operations and expansions.

Year-to-Year Comparison

Analyzing Singing Machine Company's debt structure over the years provides insights into the firm’s financial strategy and stability. A reduction in debt can indicate financial strength and operational efficiency, while an increase may signal growth investments or potential financial challenges ahead.

Impact on Investments

Investors pay close attention to Singing Machine Company’s debt levels as they can influence the company’s risk and return profiles. Excessive debt can lead to financial strain, while moderate and well-managed debt can be a catalyst for growth and expansion, making it a critical aspect of investment evaluations.

Interpreting Debt Fluctuations

Shifts in Singing Machine Company’s debt levels can be attributed to various operational and strategic factors. An increase in debt might be geared towards funding expansion projects or enhancing operational capacity, while a decrease may indicate profit realizations or an approach to minimize financial risk and leverage.

Frequently Asked Questions about Singing Machine Company stock

Debt of Singing Machine Company is 1.29 M USD in 2021.

Debt of Singing Machine Company changed from 1.17 M USD to 1.29 M USD, representing a 10.26% change. The value is higher than the previous year.

On Eulerpool you can find the complete historical development of Debt Singing Machine Company since 2006 – with annual values, charts, and detailed analysis.

Debt's USD is a key factor for investors. Changes in this metric can signal improving or deteriorating fundamentals, directly impacting the stock price. On Eulerpool, you can track Debt's Singing Machine Company historically and in real time.

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Balance Sheet — Singing Machine Company

Total AssetsCurrent AssetsCash & EquivalentsReceivablesInventoryProperty, Plant & EquipmentGoodwillIntangible AssetsEquityLiabilitiesDebtCurrent LiabilitiesLong-term DebtShort-term DebtRetained EarningsBook Value per ShareTangible Book Value per ShareWorking CapitalInvestmentsAccounts PayableNon-Current AssetsShort-Term InvestmentsLong-Term InvestmentsNet DebtTreasury StockMinority InterestDeferred Tax LiabilitiesNet Tangible AssetsGoodwill/AssetsIntangibles/Assets

All Key Metrics — Singing Machine Company