Avant Technologies (Avant Technologies) Debt-to-Equity : -0.58 (As of Dec. 2023)

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What is Avant Technologies Debt-to-Equity?

Avant Technologies's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.81 Mil. Avant Technologies's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil. Avant Technologies's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $-1.40 Mil. Avant Technologies's debt to equity for the quarter that ended in Dec. 2023 was -0.58.

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

AVAI' s Debt-to-Equity Range Over the Past 10 Years
Min: -10.29 Med: -1.2 Max: 29
Current: -0.58

During the past 6 years, the highest Debt-to-Equity Ratio of Avant Technologies was 29.00. The lowest was -10.29. And the median was -1.20.

AVAI's Debt-to-Equity is not ranked
in the Software industry.
Industry Median: 0.21 vs AVAI: -0.58

Avant Technologies Debt-to-Equity Historical Data

The historical data trend for Avant Technologies'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.

Avant Technologies Debt-to-Equity Chart

Avant Technologies Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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-1.36

-10.29

-1.30

-1.48

-1.01

Avant Technologies Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															-0.94	-1.01	-0.69	-0.71	-0.58

Competitive Comparison of Avant Technologies's Debt-to-Equity

For the Software - Application subindustry, Avant Technologies'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.

Avant Technologies's Debt-to-Equity Distribution in the Software Industry

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

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

Avant Technologies Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Avant Technologies's Debt to Equity Ratio for the fiscal year that ended in Mar. 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
	=	(0.638	+	0)	/	-0.633
	=	-1.01

Avant Technologies's Debt to Equity Ratio for the quarter that ended in Dec. 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
	=	(0.809	+	0)	/	-1.401
	=	-0.58

Avant Technologies (OTCPK:AVAI) 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.

Avant Technologies Debt-to-Equity Related Terms

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Avant Technologies (Avant Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Avant Technologies Inc (OTCPK:AVAI) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

C/o Eastbiz.com, Inc, 5348 Vegas Drive, Las Vegas, NV, USA, 89108

Website

https://www.trendinnovationsholding.com

Avant Technologies Inc Formerly Trend Innovations Holding Inc has developed an application for people who value their time and desire to stay up to date. It develops a platform for users who cook at home and want to sell their food on the Internet and home-cooked food lovers. It also provides news applications with feeds from various sources that users can choose and customize. Through its subsidiary, it also provides Information Technology (IT) services.