GlobalBlock Digital Asset Trading (GlobalBlock Digital Asset Trading) Debt-to-Equity : 0.00 (As of Sep. 2023)

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What is GlobalBlock Digital Asset Trading Debt-to-Equity?

GlobalBlock Digital Asset Trading's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.00 Mil. GlobalBlock Digital Asset Trading's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.00 Mil. GlobalBlock Digital Asset Trading's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $0.52 Mil. GlobalBlock Digital Asset Trading's debt to equity for the quarter that ended in Sep. 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 GlobalBlock Digital Asset Trading's Debt-to-Equity or its related term are showing as below:

During the past 13 years, the highest Debt-to-Equity Ratio of GlobalBlock Digital Asset Trading was 2.20. The lowest was -0.93. And the median was -0.17.

BLVDF's Debt-to-Equity is not ranked ^*
in the Capital Markets industry.
Industry Median: 0.37
* Ranked among companies with meaningful Debt-to-Equity only.

GlobalBlock Digital Asset Trading Debt-to-Equity Historical Data

The historical data trend for GlobalBlock Digital Asset Trading'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.

GlobalBlock Digital Asset Trading Debt-to-Equity Chart

GlobalBlock Digital Asset Trading Annual Data

Trend

Dec13

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Dec15

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Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

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GlobalBlock Digital Asset Trading Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of GlobalBlock Digital Asset Trading's Debt-to-Equity

For the Capital Markets subindustry, GlobalBlock Digital Asset Trading'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.

GlobalBlock Digital Asset Trading's Debt-to-Equity Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, GlobalBlock Digital Asset Trading's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where GlobalBlock Digital Asset Trading's Debt-to-Equity falls into.

GlobalBlock Digital Asset Trading Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

GlobalBlock Digital Asset Trading's Debt to Equity Ratio for the fiscal year that ended in Dec. 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	+	0)	/	0.766
	=	0.00

GlobalBlock Digital Asset Trading's Debt to Equity Ratio for the quarter that ended in Sep. 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)	/	0.518
	=	0.00

GlobalBlock Digital Asset Trading (OTCPK:BLVDF) 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.

GlobalBlock Digital Asset Trading Debt-to-Equity Related Terms

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

GlobalBlock Digital Asset Trading (GlobalBlock Digital Asset Trading) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » GlobalBlock Digital Asset Trading Ltd (OTCPK:BLVDF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

BLOK.H:Canada

Address

65 Curzon Street, London, GBR, W1J 8PE

Website

https://www.globalblockdigital.com

GlobalBlock Digital Asset Trading Ltd is a digital asset broker that provides a personalized telephone brokerage service, trading platform, and mobile application. The company acts as a trusted agent serving the digital asset needs of individuals, corporates, institutional financial firms, and intermediaries, providing the best execution trading and safe custody of digital assets.

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