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FintechWerx International Software Services (XCNQ:WERX) Debt-to-Equity : 0.00 (As of Oct. 2023)


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What is FintechWerx International Software Services Debt-to-Equity?

FintechWerx International Software Services's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2023 was C$0.00 Mil. FintechWerx International Software Services's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2023 was C$0.00 Mil. FintechWerx International Software Services's Total Stockholders Equity for the quarter that ended in Oct. 2023 was C$0.61 Mil. FintechWerx International Software Services'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 FintechWerx International Software Services's Debt-to-Equity or its related term are showing as below:

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

FintechWerx International Software Services Debt-to-Equity Historical Data

The historical data trend for FintechWerx International Software Services'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.

FintechWerx International Software Services Debt-to-Equity Chart

FintechWerx International Software Services Annual Data
Trend Apr23
Debt-to-Equity
-

FintechWerx International Software Services Quarterly Data
Jul23 Oct23
Debt-to-Equity - -

Competitive Comparison of FintechWerx International Software Services's Debt-to-Equity

For the Software - Infrastructure subindustry, FintechWerx International Software Services'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.

FintechWerx International Software Services's Debt-to-Equity Distribution in the Software Industry

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

* The bar in red indicates where FintechWerx International Software Services's Debt-to-Equity falls into.


FintechWerx International Software Services Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

FintechWerx International Software Services's Debt to Equity Ratio for the fiscal year that ended in Apr. 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 + 0) / 0.782
=0.00

FintechWerx International Software Services's Debt to Equity Ratio for the quarter that ended in Oct. 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 + 0) / 0.614
=0.00

* 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.

FintechWerx International Software Services  (XCNQ:WERX) 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.

FintechWerx International Software Services Debt-to-Equity Related Terms

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

FintechWerx International Software Services (XCNQ:WERX) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » FintechWerx International Software Services Inc (XCNQ:WERX) » Definitions » Debt-to-Equity
Comparable Companies
Traded in Other Exchanges
N/A
Address
750 West Pender Street, Suite 401, Vancouver, BC, CAN, V6C 2T7
Website
https://www.fintechwerx.com
FintechWerx International Software Services Inc is an e-commerce technology company. The Company is engaged in delivering enrollment, automated identity verification, payment solutions, and data management services. The FintechWerx Platform is a combination of both licensed and proprietary software together the Technology Stack that provides a single comprehensive, suite of services for small to medium sized enterprises.

FintechWerx International Software Services (XCNQ:WERX) Headlines

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