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Theglobe.com (Theglobe.com) Debt-to-Equity : -0.77 (As of Mar. 2024)


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What is Theglobe.com Debt-to-Equity?

Theglobe.com's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $1.03 Mil. Theglobe.com's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.00 Mil. Theglobe.com's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $-1.33 Mil. Theglobe.com's debt to equity for the quarter that ended in Mar. 2024 was -0.77.

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 Theglobe.com's Debt-to-Equity or its related term are showing as below:

TGLO' s Debt-to-Equity Range Over the Past 10 Years
Min: -1.05   Med: -0.77   Max: -0.29
Current: -0.77

During the past 13 years, the highest Debt-to-Equity Ratio of Theglobe.com was -0.29. The lowest was -1.05. And the median was -0.77.

TGLO's Debt-to-Equity is not ranked
in the Diversified Financial Services industry.
Industry Median: 0.13 vs TGLO: -0.77

Theglobe.com Debt-to-Equity Historical Data

The historical data trend for Theglobe.com'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.

Theglobe.com Debt-to-Equity Chart

Theglobe.com Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.02 -0.85 -0.78 -0.79 -0.76

Theglobe.com Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 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 -0.80 -0.79 -0.77 -0.76 -0.77

Competitive Comparison of Theglobe.com's Debt-to-Equity

For the Shell Companies subindustry, Theglobe.com'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.


Theglobe.com's Debt-to-Equity Distribution in the Diversified Financial Services Industry

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

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



Theglobe.com Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Theglobe.com'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.


Theglobe.com  (OTCPK:TGLO) 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.


Theglobe.com Debt-to-Equity Related Terms

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


Theglobe.com (Theglobe.com) Business Description

Traded in Other Exchanges
N/A
Address
C/o Toombs Hall and Foster, 14643 Dallas parkway, Suite 650, Dallas, TX, USA, 75254
Theglobe.com Inc is a shell company.
Executives
Frederick P. Jones director, officer: Chairman, President, CEO, CFO C/O THEGLOBE.COM, INC., 5949 SHERRY LANE, SUITE 950, DALLAS TX 75225
William R Nichols director, officer: See Remarks C/O FAIRWOOD PENINSULA ENERGY, 5949 SHERRY LANE, SUITE 950, DALLAS TX 75225
Fairwood Peninsula Energy Corp 10 percent owner 5949 SHERRY LANE, SUITE 950, DALLAS TX 75225
Delfin Midstream Llc 10 percent owner 5949 SHERRY LANE, SUITE 950, DALLAS TX 75225
Registry Management Company, Llc 10 percent owner 110 E. BROWARD BLVD., SUITE 1400, FORT LAUDERDALE FL 33301
Bear Investments Dancing 10 percent owner 333 E LAS OLAS BLVD, FT LAUDERDALE FL 33301
Robin Segaul Lebowitz director, officer: Vice President
E&c Capital Partners Ii, Lllp 2006 Intangible Irrevocable Trust 10 percent owner 110 E. BROWARD BOULEVARD, SUITE 1400, FORT LAUDERDALE FL 33301
Egan Family Grats 2006 Intangible Irrevocable Trust 10 percent owner 110 E. BROWARD BOULEVARD, SUITE 1400, FORT LAUDERDALE FL 33301
E&c Capital Partners, Lllp 2006 Intangible Irrevocable Trust 10 percent owner 110 E. BROWARD BOULEVARD, SUITE 1400, FORT LAUDERDALE FL 33301
E&c Capital Partners Ii, Ltd. 10 percent owner 110 E. BROWARD BOULEVARD, SUITE 1400, FORT LAUDERDALE FL 33301
E&c Capital Partners, Lllp 2005 Intangible Irrevocable Trust 10 percent owner 110 E. BROWARD BOULEVARD, 14TH FLOOR, FORT LAUDERDALE FL 33301
Harry Greene other: Group 10% Owner 877 EXECUTIVE CENTER DRIVE W., SUITE 300, ST. PETERSBURG FL 33702
Paul Soltoff director 877 EXECUTIVE CENTER DRIVE W., SUITE 300, ST. PETERSBURG FL 33702
Eric Obeck other: Group 10% Owner 877 EXECUTIVE CENTER DRIVE W., SUITE 300, ST. PETERSBURG FL 33702

Theglobe.com (Theglobe.com) Headlines

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