Cavitation Technologies (Cavitation Technologies) Debt-to-Equity : -0.20 (As of Dec. 2023)

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What is Cavitation Technologies Debt-to-Equity?

Cavitation Technologies's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.08 Mil. Cavitation Technologies's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.16 Mil. Cavitation Technologies's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $-1.19 Mil. Cavitation Technologies's debt to equity for the quarter that ended in Dec. 2023 was -0.20.

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

CVAT' s Debt-to-Equity Range Over the Past 10 Years
Min: -1.38 Med: -0.22 Max: 1.35
Current: -0.2

During the past 13 years, the highest Debt-to-Equity Ratio of Cavitation Technologies was 1.35. The lowest was -1.38. And the median was -0.22.

CVAT's Debt-to-Equity is not ranked
in the Industrial Products industry.
Industry Median: 0.28 vs CVAT: -0.20

Cavitation Technologies Debt-to-Equity Historical Data

The historical data trend for Cavitation 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.

Cavitation Technologies Debt-to-Equity Chart

Cavitation Technologies Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Debt-to-Equity

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-0.85

-1.23

0.33

-0.30

Cavitation 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															0.46	0.62	-0.30	-0.22	-0.20

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

For the Specialty Industrial Machinery subindustry, Cavitation 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.

Cavitation Technologies's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Cavitation Technologies's Debt-to-Equity distribution charts can be found below:

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

Cavitation Technologies Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Cavitation Technologies's Debt to Equity Ratio for the fiscal year that ended in Jun. 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
	=	(0.073	+	0.198)	/	-0.919
	=	-0.29

Cavitation 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
	=	(0.076	+	0.158)	/	-1.186
	=	-0.20

Cavitation Technologies (OTCPK:CVAT) 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.

Cavitation Technologies Debt-to-Equity Related Terms

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Cavitation Technologies (Cavitation Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Cavitation Technologies Inc (OTCPK:CVAT) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

10019 Canoga Avenue, Chatsworth, CA, USA, 91311

Website

http://www.ctinanotech.com

Cavitation Technologies Inc develops, patents, and commercializes the proprietary technology for large-scale liquid processing applications. The firm has commercialized its proprietary technology for refining vegetable oils by providing domestic and foreign refining facilities with a firm's Nano Neutralization technology and cavitation systems comprising the Nano Reactor. Its technologies can be applied to several other fluid-processing industries that will benefit from increased yields, lowered processing costs, and improved quality. It has filed patent applications related to edible oil refining, renewable fuel production, both alcoholic and non-alcoholic beverage processing and enhancement, and petroleum upgrading. Its component comprises of Nano Reactor and LPN.

Executives

Naum Voloshin	officer: Chief Financial Officer	10019 CANOGA AVENUE, CHATSWORTH CA 91311
Roman Gordon	director, 10 percent owner, officer: CEO, Secretary	10019 CANOGA AVENUE, CHATSWORTH CA 91311
Todd Zelek	director, officer: CEO	730 SOUTH SAN RAFAEL AVENUE, PASADENA CA 91105
James W Fuller	director	C/O BAYTREE CAPITAL ASSOCIATES LLC, 40 WALL STREET, 58TH FLOOR, NEW YORK NY 10005
Igor Gorodnitsky	director, 10 percent owner, officer: President	10019 CANOGA AVENUE, CHATSWORTH CA 91311
R L Hartshorn	director, 10 percent owner, officer: CFO	10019 CANOGA AVENUE, CHATSWORTH CA 91311
Jose Antonio Castro	director, 10 percent owner, officer: CEO & CFO	3702 SOUTH VIRGINIA STREET, #G12-401, RENO NV 89502
Zhang Haiming	director, 10 percent owner, officer: Chief Technology Officer	3702 SOUTH VIRGINIA STREET, #G12-401, RENO NV 89502