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AppYea (AppYea) Debt-to-Equity : -0.82 (As of Dec. 2023)


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What is AppYea Debt-to-Equity?

AppYea's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $2.08 Mil. AppYea's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil. AppYea's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $-2.54 Mil. AppYea's debt to equity for the quarter that ended in Dec. 2023 was -0.82.

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

APYP' s Debt-to-Equity Range Over the Past 10 Years
Min: -1.07   Med: -0.51   Max: 0.65
Current: -0.82

During the past 10 years, the highest Debt-to-Equity Ratio of AppYea was 0.65. The lowest was -1.07. And the median was -0.51.

APYP's Debt-to-Equity is not ranked
in the Software industry.
Industry Median: 0.21 vs APYP: -0.82

AppYea Debt-to-Equity Historical Data

The historical data trend for AppYea'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.

AppYea Debt-to-Equity Chart

AppYea Annual Data
Trend Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.21 -0.41 -1.07 -0.92 -0.82

AppYea Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.92 -0.91 -0.76 -0.85 -0.82

Competitive Comparison of AppYea's Debt-to-Equity

For the Software - Application subindustry, AppYea'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.

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

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

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


AppYea Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

AppYea'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
=(2.078 + 0) / -2.539
=-0.82

AppYea'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
=(2.078 + 0) / -2.539
=-0.82

* 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.

AppYea  (OTCPK:APYP) 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.

AppYea Debt-to-Equity Related Terms

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

AppYea (AppYea) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » AppYea Inc (OTCPK:APYP) » Definitions » Debt-to-Equity
Comparable Companies
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Traded in Other Exchanges
N/A
Address
16 Natan Alterman Street, Gan Yavne, ISR
Website
https://www.sleepxclear.com
AppYea Inc through its wholly-owned subsidiary SleepX, is an Israeli research and development company that has developed a product for monitoring and treating sleep apnea and snoring. It is a digital health company, focused on the development of accurate wearable monitoring solutions to treat sleep apnea and snoring and fundamentally improve quality of life.
Executives
Boris Molchadsky director, 10 percent owner, officer: Active Chairman 16 NATAN ALTERMAN ST., GAN YAVNE L3 7085118
Douglas O Mckinnon officer: CEO CFO 2104 RIDGE PLAZA DR, CASTLE ROCK CO 80108
Keri Williams director, 10 percent owner, officer: Secretary 916 SUN DOWN DRIVE, STEPHENVILLE TX 76401
Jackie Williams director, 10 percent owner, officer: CEO, CFO, President 147 BEN HOGAN DRIVE, APT B, STEPHENVILLE TX 76401