Xref (ASX:XF1) Debt-to-Equity : -1.17 (As of Dec. 2023)

View and export this data going back to 2007. Start your Free Trial

What is Xref Debt-to-Equity?

Xref's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$5.21 Mil. Xref's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$0.06 Mil. Xref's Total Stockholders Equity for the quarter that ended in Dec. 2023 was A$-4.49 Mil. Xref's debt to equity for the quarter that ended in Dec. 2023 was -1.17.

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

ASX:XF1' s Debt-to-Equity Range Over the Past 10 Years
Min: -26.27 Med: -0.1 Max: 12.78
Current: -1.17

During the past 13 years, the highest Debt-to-Equity Ratio of Xref was 12.78. The lowest was -26.27. And the median was -0.10.

ASX:XF1's Debt-to-Equity is not ranked
in the Software industry.
Industry Median: 0.2 vs ASX:XF1: -1.17

Xref Debt-to-Equity Historical Data

The historical data trend for Xref'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.

Xref Debt-to-Equity Chart

Xref Annual Data

Trend

Mar14

Mar15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Debt-to-Equity

Get a 7-Day Free Trial

-0.20

-4.64

3.37

-26.27

Xref Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															12.78	3.37	3.73	-26.27	-1.17

Competitive Comparison of Xref's Debt-to-Equity

For the Software - Application subindustry, Xref'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.

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

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

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

Xref Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Xref's Debt to Equity Ratio for the fiscal year 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
	=	(0.85	+	4.482)	/	-0.203
	=	-26.27

Xref'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
	=	(5.212	+	0.059)	/	-4.489
	=	-1.17

Xref (ASX:XF1) 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.

Xref Debt-to-Equity Related Terms

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

Xref (ASX:XF1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Xref Ltd (ASX:XF1) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

13 Hickson Road, Suite 13, Level 3, Dawes Point, Sydney, NSW, AUS, 2000

Website

https://www.xref.com

Xref Ltd is a human resources technology company that automates the candidate reference process for employers. It is involved in leveraging databases to provide predictive analytics that enables human resource directors to make data-driven decisions. The company transforms the phone-based, manual procedure into a cloud-based, electronic process. It requests referee information from the candidate and gathers other information, analyses the candidate, and provides the report. Geographically, it derives a majority of its revenue from Australia and also has a presence in Canada; the United Kingdom; Norway; New Zealand, and the United States.

Xref (ASX:XF1) Headlines

No Headlines