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Net Element's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2021 was $0.59 Mil. Net Element's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2021 was $9.09 Mil. Net Element's Total Stockholders Equity for the quarter that ended in Jun. 2021 was $6.45 Mil. Net Element's debt to equity for the quarter that ended in Jun. 2021 was 1.50.
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 Net Element's Debt-to-Equity or its related term are showing as below:
The historical data trend for Net Element'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.
Net Element Annual Data | |||||||||||||||||||||
Trend | Dec11 | Dec12 | Dec13 | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | |||||||||||
Debt-to-Equity | Get a 7-Day Free Trial | 1.11 | 0.53 | 0.73 | 2.25 | 3.91 |
Net Element Quarterly Data | ||||||||||||||||||||
Sep16 | Dec16 | Mar17 | Jun17 | Sep17 | Dec17 | Mar18 | Jun18 | Sep18 | Dec18 | Mar19 | Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | |
Debt-to-Equity | Get a 7-Day Free Trial | 3.60 | 3.44 | 3.91 | 2.06 | 1.50 |
For the Software - Infrastructure subindustry, Net Element'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.
For the Software industry and Technology sector, Net Element's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Net Element's Debt-to-Equity falls into.
Debt to Equity measures the financial leverage a company has.
Net Element's Debt to Equity Ratio for the fiscal year that ended in Dec. 2020 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 | |
= | (1.471 | + | 9.274) | / | 2.749 | |
= | 3.91 |
Net Element's Debt to Equity Ratio for the quarter that ended in Jun. 2021 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 | |
= | (0.593 | + | 9.089) | / | 6.452 | |
= | 1.50 |
* 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.
Net Element (NAS:NETE) 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.
Thank you for viewing the detailed overview of Net Element's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.
Steven Wolberg | officer: Chief Legal Officer | 3363 NE 163RD STREET, #705, NORTH MIAMI BEACH FL 33160 |
Jeffrey Ginsberg | officer: Chief Financial Officer | 3363 NE 163RD STREET, SUITE 705, C/O NET ELEMENT, INC., NORTH MIAMI BEACH FL 33160 |
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