Balance Labs (Balance Labs) Debt-to-Equity : -0.54 (As of Dec. 2023)

View and export this data going back to 2015. Start your Free Trial

What is Balance Labs Debt-to-Equity?

Balance Labs's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $2.47 Mil. Balance Labs's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil. Balance Labs's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $-4.54 Mil. Balance Labs's debt to equity for the quarter that ended in Dec. 2023 was -0.54.

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

BLNC' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.84 Med: -0.62 Max: 3.82
Current: -0.54

During the past 10 years, the highest Debt-to-Equity Ratio of Balance Labs was 3.82. The lowest was -0.84. And the median was -0.62.

BLNC's Debt-to-Equity is not ranked
in the Business Services industry.
Industry Median: 0.38 vs BLNC: -0.54

Balance Labs Debt-to-Equity Historical Data

The historical data trend for Balance Labs'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.

Balance Labs Debt-to-Equity Chart

Balance Labs Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

-0.65

-0.84

-0.72

-0.59

-0.54

Balance Labs 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															-0.59	-0.58	-0.57	-0.56	-0.54

Competitive Comparison of Balance Labs's Debt-to-Equity

For the Consulting Services subindustry, Balance Labs'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.

Balance Labs's Debt-to-Equity Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Balance Labs's Debt-to-Equity distribution charts can be found below:

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

Balance Labs Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Balance Labs'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
	=	(2.47	+	0)	/	-4.543
	=	-0.54

Balance Labs'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
	=	(2.47	+	0)	/	-4.543
	=	-0.54

Balance Labs (OTCPK:BLNC) 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.

Balance Labs Debt-to-Equity Related Terms

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

Balance Labs (Balance Labs) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Balance Labs Inc (OTCPK:BLNC) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

407 Lincoln Road, Suite 701, Miami Beach, FL, USA, 33139

Website

https://www.balancelabs.co

Balance Labs Inc is a United States-based company that is engaged in providing business development and consulting services to start-up and development-stage businesses. It offers services to help businesses in various industries with customized consulting services to meet business needs and aid in improving its business models, sales, marketing plans, and internal operations, as well as it also introduces the businesses to experienced professional contacts for the success of these businesses. It leverages its knowledge in developing businesses with entrepreneurs and startup company management whereby it creates a customized plan to overcome obstacles so it can focus on marketing products and services to potential customers.

Balance Labs (Balance Labs) Headlines

No Headlines