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Moveix (Moveix) Debt-to-Equity : -1.00 (As of Mar. 2024)


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What is Moveix Debt-to-Equity?

Moveix's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.15 Mil. Moveix's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.00 Mil. Moveix's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $-0.15 Mil. Moveix's debt to equity for the quarter that ended in Mar. 2024 was -1.00.

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

MVXM' s Debt-to-Equity Range Over the Past 10 Years
Min: -2.5   Med: -1   Max: 1.67
Current: -1

During the past 7 years, the highest Debt-to-Equity Ratio of Moveix was 1.67. The lowest was -2.50. And the median was -1.00.

MVXM's Debt-to-Equity is not ranked
in the Diversified Financial Services industry.
Industry Median: 0.125 vs MVXM: -1.00

Moveix Debt-to-Equity Historical Data

The historical data trend for Moveix'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.

Moveix Debt-to-Equity Chart

Moveix Annual Data
Trend May16 May17 May18 May20 May21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial -0.58 N/A -1.00 -1.00 -1.05

Moveix Quarterly Data
Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May20 Aug20 May21 Aug21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -1.00 -1.00 -1.00 -1.05 -1.00

Competitive Comparison of Moveix's Debt-to-Equity

For the Shell Companies subindustry, Moveix'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.


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

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

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



Moveix Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Moveix's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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.


Moveix  (OTCPK:MVXM) 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.


Moveix Debt-to-Equity Related Terms

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


Moveix (Moveix) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
4800 N. Scottsdale Road, Suite 550, Scottsdale, AZ, USA, 85251
Website
Moveix Inc which is in startup stage will engage to buy electric transportation products wholesale from Chinese manufacturers and sell these products via their website. The company products include electric bikes, scooters, segway, and hoverboards.

Moveix (Moveix) Headlines

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