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Non-Invasive Monitoring Systems (Non-Invasive Monitoring Systems) Debt-to-Equity : -0.66 (As of Jan. 2024)


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What is Non-Invasive Monitoring Systems Debt-to-Equity?

Non-Invasive Monitoring Systems's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was $0.00 Mil. Non-Invasive Monitoring Systems's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was $0.50 Mil. Non-Invasive Monitoring Systems's Total Stockholders Equity for the quarter that ended in Jan. 2024 was $-0.75 Mil. Non-Invasive Monitoring Systems's debt to equity for the quarter that ended in Jan. 2024 was -0.66.

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 Non-Invasive Monitoring Systems's Debt-to-Equity or its related term are showing as below:

NIMU' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.81   Med: -0.6   Max: -0.36
Current: -0.66

During the past 13 years, the highest Debt-to-Equity Ratio of Non-Invasive Monitoring Systems was -0.36. The lowest was -0.81. And the median was -0.60.

NIMU's Debt-to-Equity is not ranked
in the Diversified Financial Services industry.
Industry Median: 0.12 vs NIMU: -0.66

Non-Invasive Monitoring Systems Debt-to-Equity Historical Data

The historical data trend for Non-Invasive Monitoring Systems'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.

Non-Invasive Monitoring Systems Debt-to-Equity Chart

Non-Invasive Monitoring Systems Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - -0.36 -0.49

Non-Invasive Monitoring Systems Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.56 -0.53 -0.49 -0.71 -0.66

Competitive Comparison of Non-Invasive Monitoring Systems's Debt-to-Equity

For the Shell Companies subindustry, Non-Invasive Monitoring Systems'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.


Non-Invasive Monitoring Systems's Debt-to-Equity Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Non-Invasive Monitoring Systems's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Non-Invasive Monitoring Systems's Debt-to-Equity falls into.



Non-Invasive Monitoring Systems Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Non-Invasive Monitoring Systems's Debt to Equity Ratio for the fiscal year that ended in Jul. 2023 is calculated as

Non-Invasive Monitoring Systems's Debt to Equity Ratio for the quarter that ended in Jan. 2024 is calculated as

* 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.


Non-Invasive Monitoring Systems  (OTCPK:NIMU) 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.


Non-Invasive Monitoring Systems Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Non-Invasive Monitoring Systems's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Non-Invasive Monitoring Systems (Non-Invasive Monitoring Systems) Business Description

Traded in Other Exchanges
N/A
Address
4400 Biscayne Boulevard, Suite 180, Miami, FL, USA, 33137
Non-Invasive Monitoring Systems Inc is a shell company.
Executives
Jerry A Jacobs director 4400 BISCAYNE BLVD., 12TH FLOOR, MIAMI FL 33137
Hsiao Jane Ph D director, 10 percent owner 4400 BISCAYNE BLVD, MIAMI FL 33137
Frost Phillip Md Et Al 10 percent owner 4400 BISCAYNE BLVD, MIAMI FL 33137-3227
Marvin Arthur Sackner director, 10 percent owner, officer: CEO 555 NE 34TH STREET PH1, MIAMI FL 33137
Steven D Rubin director OPKO HEALTH, INC., 4400 BISCAYNE BLVD., MIAMI FL 33137
James Joseph Martin officer: Chief Financial Officer 4400 BISCAYNE BLVD, SUITE # 670, MIAMI FL 33157
Morton J Robinson director C/O NON INVASIVE MONITORING SYSTEMS, INC, 5204 PAYLOR LANE, SARASOTA FL 34204
Steven Mrha officer: COO C/O NON-INVASIVE MONITORING SYSTEMS, INC, 4400 BISCAYNE BOULEVARD 6TH FLOOR, MIAMI FL 33137
Subbarao V Uppaluri director 4400 BISCAYNE BOULEVARD, SUITE 1500, MIAMI FL 33137
Taffy Gould director C/O NON INVASIVE MONITORING SYSTEMS, INC, 5204 PAYLOR LANE, SARASOTA FL 34204
Adam S Jackson officer: Chief Financial Officer 4400 BISCAYNE BOULEVARD, SUITE 670, MIAMI FL 33137
Frost Gamma Investments Trust 10 percent owner 4400 BISCAYNE BLVD, MIAMI FL 33137
John G Clawson director 1666 KENNEDY CAUSEWAY, STE 400, N BAY VILLAGE FL 32341
Leila Kight director C/O NON INVASIVE MONITORING SYSTEMS, INC, 5204 PAYLOR LANE, SARASOTA FL 34204
Gerard Kaiser director C/O NON INVASIVE MONITORING SYSTEMS, INC, 5204 PAYLOR LANE, SARASOTA FL 34204

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