SRAX (SRAX) Debt-to-Equity : -8.16 (As of Sep. 2022)

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What is SRAX Debt-to-Equity?

SRAX's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2022 was $6.58 Mil. SRAX's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2022 was $0.00 Mil. SRAX's Total Stockholders Equity for the quarter that ended in Sep. 2022 was $-0.81 Mil. SRAX's debt to equity for the quarter that ended in Sep. 2022 was -8.16.

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

SRAX's Debt-to-Equity is not ranked ^*
in the Media - Diversified industry.
Industry Median: 0.28
* Ranked among companies with meaningful Debt-to-Equity only.

SRAX Debt-to-Equity Historical Data

The historical data trend for SRAX'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.

SRAX Debt-to-Equity Chart

SRAX Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Debt-to-Equity

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0.26

0.04

0.39

0.07

SRAX Quarterly Data
	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
Debt-to-Equity	Get a 7-Day Free Trial															0.06	0.07	0.05	1.45	-8.16

Competitive Comparison of SRAX's Debt-to-Equity

For the Advertising Agencies subindustry, SRAX'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.

SRAX's Debt-to-Equity Distribution in the Media - Diversified Industry

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

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

SRAX Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

SRAX's Debt to Equity Ratio for the fiscal year that ended in Dec. 2021 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
	=	(1.304	+	0.114)	/	20.746
	=	0.07

SRAX's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(6.582	+	0)	/	-0.807
	=	-8.16

SRAX (OTCPK:SRAX) 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.

SRAX Debt-to-Equity Related Terms

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

SRAX (SRAX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » SRAX Inc (OTCPK:SRAX) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

2629 Townsgate Road, Suite 215, Westlake Village, CA, USA, 91361

Website

https://www.srax.com

SRAX Inc is a financial technology company that unlocks data and insights for publicly traded companies. Through its premier investor intelligence and communications platform, Sequire, companies can track investors behavior and trends and use those insights to engage current and potential investors across marketing channels.

Executives

Christopher Miglino	director, 10 percent owner, officer: See Remarks	479 N. RODEO DRIVE, SUITE E 308, BEVERLY HILLS CA 90210
Michael Malone	officer: Chief Financial Officer	191 OTTO STREET, PORT TOWNSEND WA 98368
Behzad Christopher Lahiji	director, officer: Pres., LD Micro (Subsidiary)	1408 GRANT STREET, SANTA MONICA CA 90405
Marc Savas	director	8033 SUNSET BLVD., BOX 873, LOS ANGELES CA 90046
Malcolm Westley Casselle	director	4535 W SAHARA AVE., #200, LAS VEGAS NV 89102
Diclaudio Colleen	director	456 SEATON STREET, LOS ANGELES CA 90013
Robert James Jordan	director	456 SEATON STRET, LOS ANGELES CA 90013
Michael Thomas Malone	officer: Chief Financial Officer	525 WEST 28 TH ST., APT. 160, NEW YORK NY 10001
Joseph Patrick Hannan	officer: Chief Financial Officer	18872 MACARTHUR BLVD., SUITE 200, IRVINE CA 92612
Derek James Ferguson	director	135 HAWTHORN AVE., GLENCOE IL 60022
Anthony Packer	director	6505 KILBERRY LANE, CHARLOTTE NC 28277
Rahul Thumati	officer: Chief Financial Officer	1630 S. EUCLID AVENUE, SAN MARINO CA 91108
Rodney J Dillman	director	BARINGS LLC, 300 SOUTH TRYON STREET, SUITE 2500, CHARLOTTE NC 28202
Carrie E Mcqueen	officer: Chief Financial Officer	11545 W. BERNARDO COURT, SUITE 301, SAN DIEGO CA 92127
Richard Steel	director, officer: President	2052 PEBBLE DRIVE, ALAMO CA 94507