Thinkific Labs (FRA:5S0) Debt-to-Equity : 0.01 (As of Dec. 2023)

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What is Thinkific Labs Debt-to-Equity?

Thinkific Labs's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €0.51 Mil. Thinkific Labs's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €0.44 Mil. Thinkific Labs's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €75.14 Mil. Thinkific Labs's debt to equity for the quarter that ended in Dec. 2023 was 0.01.

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

FRA:5S0' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.02 Max: 0.61
Current: 0.01

During the past 6 years, the highest Debt-to-Equity Ratio of Thinkific Labs was 0.61. The lowest was 0.01. And the median was 0.02.

FRA:5S0's Debt-to-Equity is ranked better than
99.95% of 2222 companies
in the Software industry
Industry Median: 0.21 vs FRA:5S0: 0.01

Thinkific Labs Debt-to-Equity Historical Data

The historical data trend for Thinkific Labs'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.

Thinkific Labs Debt-to-Equity Chart

Thinkific Labs Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.61

0.26

0.01

0.02

0.01

Thinkific Labs Quarterly Data
	Dec18	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													0.02	0.02	0.02	0.01	0.01

Competitive Comparison of Thinkific Labs's Debt-to-Equity

For the Software - Application subindustry, Thinkific Labs'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.

Thinkific Labs's Debt-to-Equity Distribution in the Software Industry

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

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

Thinkific Labs Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Thinkific Labs's Debt to Equity Ratio for the fiscal year 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
	=	(0.509	+	0.437)	/	75.139
	=	0.01

Thinkific Labs'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
	=	(0.509	+	0.437)	/	75.139
	=	0.01

Thinkific Labs (FRA:5S0) 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.

Thinkific Labs Debt-to-Equity Related Terms

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Thinkific Labs (FRA:5S0) Business Description

Industry

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THNCF:USA THNC:Canada

Address

369 Terminal Ave, Suite 400, Vancouver, BC, CAN, V6A 4C4

Website

https://www.thinkific.com

Thinkific Labs Inc is a cloud-based software platform. The Company's primary business activity is to provide a platform that helps entrepreneurs and established businesses to scale and generate revenue by teaching what they know. The Company's platform provides its Creators with the functionality needed to launch, grow, and diversify their businesses by creating and selling learning products composed of customized courses, communities, membership sites, and other experiences that our Creators can create, sell and deliver using the Company's Platform.

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