Spetz (DBKSF) Debt-to-Equity : -0.88 (As of Mar. 2024)

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What is Spetz Debt-to-Equity?

Spetz's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.96 Mil. Spetz's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.01 Mil. Spetz's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $-1.10 Mil. Spetz's debt to equity for the quarter that ended in Mar. 2024 was -0.88.

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

DBKSF' s Debt-to-Equity Range Over the Past 10 Years
Min: -3.49 Med: 0.01 Max: 0.83
Current: -0.88

During the past 5 years, the highest Debt-to-Equity Ratio of Spetz was 0.83. The lowest was -3.49. And the median was 0.01.

DBKSF's Debt-to-Equity is not ranked
in the Software industry.
Industry Median: 0.2 vs DBKSF: -0.88

Spetz Debt-to-Equity Historical Data

The historical data trend for Spetz'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.

Spetz Debt-to-Equity Chart

Spetz Annual Data

Trend

Jan19

Jan20

Jan21

Jan22

Dec23

Debt-to-Equity

-3.48

-1.18

0.01

-1.45

Spetz Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															0.06	0.12	0.20	-1.45	-0.88

Competitive Comparison of Spetz's Debt-to-Equity

For the Software - Application subindustry, Spetz'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.

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

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

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

Spetz Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Spetz'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
	=	(0.969	+	0.016)	/	-0.679
	=	-1.45

Spetz's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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
	=	(0.959	+	0.01)	/	-1.098
	=	-0.88

Spetz (OTCPK:DBKSF) 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.

Spetz Debt-to-Equity Related Terms

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

Spetz (DBKSF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Spetz Inc (OTCPK:DBKSF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

SPTZ:Canada

Address

200 Cochrane Drive, Unit 1A, Markham, ON, CAN, L3R 8E7

Website

https://www.spetz.app

Spetz Inc is a technology company that primarily operates Spetz, a global online, AIpowered marketplace platform that dynamically connects consumers to nearby top-rated service providers in as little as 30 seconds. Spetz currently operates in the United States, United Kingdom, Australia and Israel. The Company has launched two Spetz applications for both sides of the market; one for consumers and one for service providers (collectively the Spetz App). The Spetz App is available for download on the iOS App Store and Google Play Store.