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Fandifi Technology (XCNQ:FDM.X) Debt-to-Equity : 0.00 (As of Oct. 2023)


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What is Fandifi Technology Debt-to-Equity?

Fandifi Technology's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2023 was C$0.00 Mil. Fandifi Technology's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2023 was C$0.00 Mil. Fandifi Technology's Total Stockholders Equity for the quarter that ended in Oct. 2023 was C$-0.31 Mil. Fandifi Technology's debt to equity for the quarter that ended in Oct. 2023 was 0.00.

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

During the past 13 years, the highest Debt-to-Equity Ratio of Fandifi Technology was 0.01. The lowest was 0.01. And the median was 0.01.

XCNQ:FDM.X's Debt-to-Equity is not ranked *
in the Software industry.
Industry Median: 0.21
* Ranked among companies with meaningful Debt-to-Equity only.

Fandifi Technology Debt-to-Equity Historical Data

The historical data trend for Fandifi Technology'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.

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Fandifi Technology Debt-to-Equity Chart

Fandifi Technology Annual Data
Trend Nov14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23
Debt-to-Equity
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Fandifi Technology Quarterly Data
Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23
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Competitive Comparison of Fandifi Technology's Debt-to-Equity

For the Software - Application subindustry, Fandifi Technology'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.


Fandifi Technology's Debt-to-Equity Distribution in the Software Industry

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

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



Fandifi Technology Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Fandifi Technology's Debt to Equity Ratio for the fiscal year that ended in Jan. 2023 is calculated as

Fandifi Technology's Debt to Equity Ratio for the quarter that ended in Oct. 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.


Fandifi Technology  (XCNQ:FDM.X) 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.


Fandifi Technology Debt-to-Equity Related Terms

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


Fandifi Technology (XCNQ:FDM.X) Business Description

Traded in Other Exchanges
Address
1100 Melville Street, Suite 830, Vancouver, BC, CAN, V6E 4A6
Fandifi Technology Corp is engaged in the development and monetization of the Company's all ages prediction and wagering Esports Entertainment Platform for engaging fans on mobile applications. The company operates in segments namely, Canada, Curacao, and Cyprus.

Fandifi Technology (XCNQ:FDM.X) Headlines

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