BTQ Technologies (NEOE:BTQ) Debt-to-Equity : 0.01 (As of Sep. 2023)

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What is BTQ Technologies Debt-to-Equity?

BTQ Technologies's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was C$0.05 Mil. BTQ Technologies's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was C$0.00 Mil. BTQ Technologies's Total Stockholders Equity for the quarter that ended in Sep. 2023 was C$9.99 Mil. BTQ Technologies's debt to equity for the quarter that ended in Sep. 2023 was 0.01.

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

NEOE:BTQ' s Debt-to-Equity Range Over the Past 10 Years
Min: -1.68 Med: 0 Max: 0.01
Current: 0.01

During the past 2 years, the highest Debt-to-Equity Ratio of BTQ Technologies was 0.01. The lowest was -1.68. And the median was 0.00.

NEOE:BTQ's Debt-to-Equity is ranked better than
99.96% of 2224 companies
in the Software industry
Industry Median: 0.21 vs NEOE:BTQ: 0.01

BTQ Technologies Debt-to-Equity Historical Data

The historical data trend for BTQ Technologies'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.

BTQ Technologies Debt-to-Equity Chart

BTQ Technologies Annual Data

Trend

Dec21

Jan22

Debt-to-Equity

-1.68

BTQ Technologies Quarterly Data
	Sep21	Dec21	Mar22	Jun22	Sep22	Jan23	Jun23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial			N/A	-	-	-	0.01

Competitive Comparison of BTQ Technologies's Debt-to-Equity

For the Software - Infrastructure subindustry, BTQ Technologies'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.

BTQ Technologies's Debt-to-Equity Distribution in the Software Industry

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

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

BTQ Technologies Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

BTQ Technologies's Debt to Equity Ratio for the fiscal year that ended in Jan. 2022 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	+	0)	/	0.755
	=	0.00

BTQ Technologies's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(0.054	+	0)	/	9.989
	=	0.01

BTQ Technologies (NEOE:BTQ) 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.

BTQ Technologies Debt-to-Equity Related Terms

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BTQ Technologies (NEOE:BTQ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » BTQ Technologies Corp (NEOE:BTQ) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

BTQQF:USA NG3:Germany

Address

700 West Georgia Street, 25th Floor, Vancouver, BC, CAN, V7Y 1B3

Website

https://www.btq.li

BTQ Technologies Corp is home to a diverse team of builders with a shared interest in post-quantum technology. Its products include PQScale, Keelung, Kenting, and Qbyte. PQScale is a novel scaling technique for post-quantum cryptographic primitives. PQScale achieves transaction speed and cost savings by leveraging zero-knowledge proofs for transaction processing. Keelung is a Zero-Knowledge Toolkit for Fast, Private, and Secure Applications. Kenting has accelerated hardware devices for a variety of post-quantum cryptographic primitives. Kenting provides acceleration for NIST-compliant post-quantum cryptography, post-quantum zk-SNARKs, and eco-friendly mining hardware. Qbyte is a Quantum risk Calculator.