IronNet (IronNet) Debt-to-Equity : -0.58 (As of Oct. 2023)

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What is IronNet Debt-to-Equity?

IronNet's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2023 was $1.50 Mil. IronNet's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2023 was $28.54 Mil. IronNet's Total Stockholders Equity for the quarter that ended in Oct. 2023 was $-51.42 Mil. IronNet's debt to equity for the quarter that ended in Oct. 2023 was -0.58.

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

IRNTQ' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.62 Med: -0.59 Max: 1.11
Current: -0.58

During the past 3 years, the highest Debt-to-Equity Ratio of IronNet was 1.11. The lowest was -0.62. And the median was -0.59.

IRNTQ's Debt-to-Equity is not ranked
in the Software industry.
Industry Median: 0.21 vs IRNTQ: -0.58

IronNet Debt-to-Equity Historical Data

The historical data trend for IronNet'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.

IronNet Debt-to-Equity Chart

IronNet Annual Data

Trend

Jan21

Jan22

Jan23

Debt-to-Equity

1.11

-0.60

IronNet Quarterly Data
	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23
Debt-to-Equity	Get a 7-Day Free Trial								-0.45	-0.60	-0.62	-0.60	-0.58

Competitive Comparison of IronNet's Debt-to-Equity

For the Software - Infrastructure subindustry, IronNet'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.

IronNet's Debt-to-Equity Distribution in the Software Industry

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

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

IronNet Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

IronNet's Debt to Equity Ratio for the fiscal year that ended in Jan. 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
	=	(20.707	+	0)	/	-34.724
	=	-0.60

IronNet's Debt to Equity Ratio for the quarter that ended in Oct. 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
	=	(1.499	+	28.539)	/	-51.419
	=	-0.58

IronNet (OTCPK:IRNTQ) 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.

IronNet Debt-to-Equity Related Terms

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

IronNet (IronNet) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » IronNet Inc (OTCPK:IRNTQ) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

7900 Tysons One Place, Suite 400, McLean, VA, USA, 22102

Website

https://www.ironnet.com

IronNet Inc is a cybersecurity leader that is transforming how organizations secure their networks by delivering the first-ever Collective Defense platform operating at scale.

Executives

Linda Kay Zecher	director, officer: Chief Executive Officer	C/O HASBRO, INC., 1011 NEWPORT AVENUE, PAWTUCKET RI 02861
Donald Closser	officer: Chief Product Officer	C/O IRONNET, INC., 7900 TYSONS ONE PLACE, SUITE 400, MCLEAN VA 22102
Cameron Pforr	officer: Chief Financial Officer	C/O IRONNET, INC., 7900 TYSONS ONE PLACE, SUITE 400, MCLEAN VA 22102
James C Gerber	officer: Chief Financial Officer	C/O IRONNET, INC., 7900 TYSONS ONE PLACE, SUITE 400, MCLEAN VA 22102
William E Welch	director, officer: Co-CEO & Director	C/O ZSCALER INC, 110 ROSE ORCHARD WAY, SAN JOSE CA 95134
Michael J Rogers	director	C/O IRONNET, INC., 7900 TYSONS ONCE PLACE, SUITE 400, MCLEAN VA 22102
John M Keane	director	C/O METLIFE INC, ONE MADISON AVE, NEW YORK NY 10010
Keith Brian Alexander	director, officer: Co-CEO, President & Chairman	P.O. BOX 81226, SEATTLE WA 98108-1226
Forgepoint Cybersecurity Fund I, L.p.	10 percent owner	400 S. EL CAMINO REAL, SUITE 1050, SAN MATEO CA 94402
Forgepoint Cybersecurity Gp-i, Llc	10 percent owner	400 S EL CAMINO REAL SUITE 1050, SAN MATEO CA 94402
Andre Pienaar	director	C/O IRONNET, INC., 7900 TYSONS ONE PLACE, SUITE 400, MCLEAN VA 22102
Sean Foster	officer: Chief Revenue Officer	C/O IRONNET, INC., 7900 TYSONS ONE PLACE, SUITE 400, MCLEAN VA 22102
Russell Cobb	officer: Chief Marketing Officer	C/O IRONNET, INC., 7900 TYSONS ONE PLACE, SUITE 400, MCLEAN VA 22102
Forgepoint Cyber Co-investors I-e, L.p.	10 percent owner	400 S. EL CAMINO REAL, SUITE 1050, SAN MATEO CA 94402
Forgepoint Cyber Co-investors I-c, L.p.	10 percent owner	400 S. EL CAMINO REAL, SUITE 1050, SAN MATEO CA 94402