Long Blockchain (Long Blockchain) Debt-to-Equity : 0.07 (As of Sep. 2018)

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What is Long Blockchain Debt-to-Equity?

Long Blockchain's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2018 was $0.60 Mil. Long Blockchain's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2018 was $0.00 Mil. Long Blockchain's Total Stockholders Equity for the quarter that ended in Sep. 2018 was $8.82 Mil. Long Blockchain's debt to equity for the quarter that ended in Sep. 2018 was 0.07.

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

LBCC's Debt-to-Equity is not ranked ^*
in the Software industry.
Industry Median: 0.21
* Ranked among companies with meaningful Debt-to-Equity only.

Long Blockchain Debt-to-Equity Historical Data

The historical data trend for Long Blockchain'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.

Long Blockchain Debt-to-Equity Chart

Long Blockchain Annual Data

Trend

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Debt-to-Equity

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0.01

-1.33

0.90

0.30

-2.53

Long Blockchain Quarterly Data
	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18
Debt-to-Equity	Get a 7-Day Free Trial															0.12	-2.53	0.23	0.07	0.07

Competitive Comparison of Long Blockchain's Debt-to-Equity

For the Software - Application subindustry, Long Blockchain'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.

Long Blockchain's Debt-to-Equity Distribution in the Software Industry

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

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

Long Blockchain Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Long Blockchain's Debt to Equity Ratio for the fiscal year that ended in Dec. 2017 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
	=	(0.733	+	0.009)	/	-0.293
	=	-2.53

Long Blockchain's Debt to Equity Ratio for the quarter that ended in Sep. 2018 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
	=	(0.595	+	0.004)	/	8.818
	=	0.07

Long Blockchain (OTCPK:LBCC) 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.

Long Blockchain Debt-to-Equity Related Terms

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Long Blockchain (Long Blockchain) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Long Blockchain Corp (OTCPK:LBCC) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

12-1 Dubon Court, Farmingdale, NY, USA, 11735

Website

http://www.longblockchain.com

Long Blockchain Corp is engaged in developing and investing in globally scalable blockchain technology solutions that create long term value for its shareholders and the wider community by investing in and developing businesses that are on-chain. It is also focused on providing loyalty, incentive, reward, and gift card programs to corporate and consumer brands. The companies other business includes non-alcohol ready-to-drink segment.