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Fineqia International (Fineqia International) Debt-to-Equity : -1.05 (As of Dec. 2023)


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What is Fineqia International Debt-to-Equity?

Fineqia International's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.98 Mil. Fineqia International's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.54 Mil. Fineqia International's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $-1.45 Mil. Fineqia International's debt to equity for the quarter that ended in Dec. 2023 was -1.05.

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

FNQQF' s Debt-to-Equity Range Over the Past 10 Years
Min: -1.05   Med: -0.2   Max: -0.06
Current: -1.05

During the past 13 years, the highest Debt-to-Equity Ratio of Fineqia International was -0.06. The lowest was -1.05. And the median was -0.20.

FNQQF's Debt-to-Equity is not ranked
in the Diversified Financial Services industry.
Industry Median: 0.125 vs FNQQF: -1.05

Fineqia International Debt-to-Equity Historical Data

The historical data trend for Fineqia International'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.

Fineqia International Debt-to-Equity Chart

Fineqia International Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only - -0.07 -0.06 -1.03 -1.05

Fineqia International Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 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 N/A -0.77 -0.90 -1.68 -1.05

Competitive Comparison of Fineqia International's Debt-to-Equity

For the Financial Conglomerates subindustry, Fineqia International'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.


Fineqia International's Debt-to-Equity Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Fineqia International's Debt-to-Equity distribution charts can be found below:

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



Fineqia International Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Fineqia International's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Fineqia International's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

* 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.


Fineqia International  (OTCPK:FNQQF) 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.


Fineqia International Debt-to-Equity Related Terms

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


Fineqia International (Fineqia International) Business Description

Traded in Other Exchanges
Address
57 Berkeley Square, Lansdowne House 1st floor, London, GBR, W1J6ER
Fineqia International Inc is a digital asset business that invests in early and growth-stage technology companies at the forefront of the next generation of the internet. The Company operates in the UK, Malta, Liechtenstein, and Canada.