Aisix Solutions (Aisix Solutions) Debt-to-Equity : 0.23 (As of Dec. 2023)

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What is Aisix Solutions Debt-to-Equity?

Aisix Solutions's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.04 Mil. Aisix Solutions's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.08 Mil. Aisix Solutions's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $0.53 Mil. Aisix Solutions's debt to equity for the quarter that ended in Dec. 2023 was 0.23.

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 Aisix Solutions's Debt-to-Equity or its related term are showing as below:

AISXF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.04 Max: 0.22
Current: 0.22

During the past 7 years, the highest Debt-to-Equity Ratio of Aisix Solutions was 0.22. The lowest was 0.00. And the median was 0.04.

AISXF's Debt-to-Equity is ranked worse than
51.11% of 2211 companies
in the Software industry
Industry Median: 0.21 vs AISXF: 0.22

Aisix Solutions Debt-to-Equity Historical Data

The historical data trend for Aisix Solutions'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.

Aisix Solutions Debt-to-Equity Chart

Aisix Solutions Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.03

0.04

0.19

0.23

Aisix Solutions Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.19	0.32	0.28	0.15	0.23

Competitive Comparison of Aisix Solutions's Debt-to-Equity

For the Software - Application subindustry, Aisix Solutions'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.

Aisix Solutions's Debt-to-Equity Distribution in the Software Industry

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

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

Aisix Solutions Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Aisix Solutions's Debt to Equity Ratio for the fiscal year that ended in Dec. 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
	=	(0.036	+	0.083)	/	0.528
	=	0.23

Aisix Solutions's Debt to Equity Ratio for the quarter that ended in Dec. 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
	=	(0.036	+	0.083)	/	0.528
	=	0.23

Aisix Solutions (OTCPK:AISXF) 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.

Aisix Solutions Debt-to-Equity Related Terms

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Aisix Solutions (Aisix Solutions) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Aisix Solutions Inc (OTCPK:AISXF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

AISX:Canada

Address

1166 Alberni Street, Suite 810, Vancouver, BC, CAN, V6E 3Z3

Website

https://www.minervaintelligence.com

Aisix Solutions Inc Formerly Minerva Intelligence Inc is engaged in developing and marketing AI software products to various industries with technical and scientific data. Its AI Platform combines human domain expertise with information from public and private databases in a cognitive computer reasoning system to carry out complex tasks faster. Geographically, it derives a majority of its revenue from Canada and also has a presence in the United States.