Atlantica (OTCPK:ALDA) Debt-to-Equity

: -0.14 (As of Sep. 2022)

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Atlantica's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2022 was $0.67 Mil. Atlantica's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2022 was $0.00 Mil. Atlantica's Total Stockholders Equity for the quarter that ended in Sep. 2022 was $-4.80 Mil. Atlantica's debt to equity for the quarter that ended in Sep. 2022 was -0.14.

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

ALDA' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.28 Med: -0.21 Max: -0.07
Current: -0.14

During the past 13 years, the highest Debt-to-Equity Ratio of Atlantica was -0.07. The lowest was -0.28. And the median was -0.21.

ALDA's Debt-to-Equity is not ranked
in the Diversified Financial Services industry.
Industry Median: 0.12 vs ALDA: -0.14

Atlantica Debt-to-Equity Historical Data

The historical data trend for Atlantica'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.

Atlantica Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Debt-to-Equity

-0.24

-0.22

-0.20

-0.19

-0.18

Atlantica 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																-0.18	-0.18	-0.15	-0.14	-0.14

Competitive Comparison

For the Shell Companies subindustry, Atlantica'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.

Annual Data Quarterly Data

Atlantica Debt-to-Equity Distribution

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

* The bar in red indicates where Atlantica's Debt-to-Equity falls in comparison to its industry or sector. The grey bar indicates the Debt-to-Equity's extreme value range as defined by GuruFocus.

Atlantica Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Atlantica'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
	=	(0.617	+	0)	/	-3.379
	=	-0.18

Atlantica'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
	=	(0.671	+	0)	/	-4.804
	=	-0.14

Atlantica (OTCPK:ALDA) 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.

Atlantica Debt-to-Equity Related Terms

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

Atlantica (OTCPK:ALDA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Atlantica Inc (OTCPK:ALDA) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

c/o Richland, Gordon & Company, 11450 SE Dixie Highway, Hobe Sound, FL, USA, 33455

Website

Atlantica Inc is a shell company. It is seeking potential assets, property or businesses to acquire, in a business combination, by reorganization, merger or acquisition.

Executives

Shelley Goff	officer: CFO and Secretary	2598 CANYON VIEW, SANTA CLARA UT 84765
Richard F. Strup	director	3045 NORMANDY PLACE, EVANSTON IL 60201
Pierce Frederick G. Ii	director	70 WEST CHIPPEWA ST., SUITE 500, BUFFALO NY 14202
Duane S Jenson	director, 10 percent owner, officer: President	4685 SOUTH HIGHLAND DRIVE # 202, SALT LAKE CITY UT 84111
Alan D. Gordon Gs Trust	10 percent owner	C/O RICHLAND, GORDON & COMPANY, 875 NORTH MICHIGAN AVE., CHICAGO IL 60611
Mirabella Holdings, Llc	10 percent owner	C/O RICHLAND, GORDON & COMPANY, 875 NORTH MICHIGAN AVE., CHICAGO IL 60611
Alan D. Gordon	10 percent owner, officer: President and CEO	C/O RICHLAND, GORDON & COMPANY, 875 NORTH MICHIGAN AVE., CHICAGO IL 60611
Thomas J Howells	10 percent owner	4685 SOUTH HIGHLAND DRIVE # 202, SALT LAKE CITY UT 84117
Travis T Jenson	10 percent owner	4685 SOUTH HIGHLAND DRIVE # 202, SALT LAKE CITY UT 84117
Leonard W Burningham	10 percent owner	455 EAST 500 SOUTH SUITE 205, SALT LAKE CITY UT 84111
Teresa H Jenson	director, 10 percent owner, officer: Vice President	8842 HIGHFIELD ROAD, PARK CITY UT 84098

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