Taoping (Taoping) Debt-to-Equity : 0.72 (As of Jun. 2023)

View and export this data going back to 2008. Start your Free Trial

What is Taoping Debt-to-Equity?

Taoping's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $6.80 Mil. Taoping's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $0.01 Mil. Taoping's Total Stockholders Equity for the quarter that ended in Jun. 2023 was $9.46 Mil. Taoping's debt to equity for the quarter that ended in Jun. 2023 was 0.72.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Taoping's Debt-to-Equity or its related term are showing as below:

TAOP' s Debt-to-Equity Range Over the Past 10 Years
Min: -4.79 Med: 0.88 Max: 2.78
Current: 0.72

During the past 13 years, the highest Debt-to-Equity Ratio of Taoping was 2.78. The lowest was -4.79. And the median was 0.88.

TAOP's Debt-to-Equity is ranked worse than
78.97% of 2221 companies
in the Software industry
Industry Median: 0.21 vs TAOP: 0.72

Taoping Debt-to-Equity Historical Data

The historical data trend for Taoping's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Taoping Debt-to-Equity Chart

Taoping Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

Get a 7-Day Free Trial

0.74

1.42

-0.96

0.42

0.75

Taoping Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Debt-to-Equity	Get a 7-Day Free Trial															0.60	0.42	0.48	0.75	0.72

Competitive Comparison of Taoping's Debt-to-Equity

For the Software - Infrastructure subindustry, Taoping's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Taoping's Debt-to-Equity Distribution in the Software Industry

For the Software industry and Technology sector, Taoping's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Taoping's Debt-to-Equity falls into.

Taoping Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Taoping's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(7.233	+	0.02)	/	9.617
	=	0.75

Taoping's Debt to Equity Ratio for the quarter that ended in Jun. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(6.795	+	0.005)	/	9.463
	=	0.72

Taoping (NAS:TAOP) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Taoping Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Taoping's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Taoping (Taoping) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Taoping Inc (NAS:TAOP) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Everbright Bank Building, 21st Floor, Zhuzilin, Futian District, Guangdong, Shenzhen, CHN, 518040

Website

https://www.taop.com

Taoping Inc is a provider of cloud-app technologies for smart city IoT platforms, digital advertising delivery, and other internet-based information distribution systems in China. Its operating segment includes Cloud-based Technology (CBT), Blockchain Technology (BT), and Traditional Information Technology (TIT). It generates maximum revenue from the CBT segment. CBT segment includes cloud-based products and services offered to customers in the private sector including new media, healthcare, education, and residential community management.