Cyberloq Technologies (Cyberloq Technologies) Debt-to-Equity : 1.81 (As of Dec. 2023)

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What is Cyberloq Technologies Debt-to-Equity?

Cyberloq Technologies's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.76 Mil. Cyberloq Technologies's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.03 Mil. Cyberloq Technologies's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $0.44 Mil. Cyberloq Technologies's debt to equity for the quarter that ended in Dec. 2023 was 1.81.

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

CLOQ' s Debt-to-Equity Range Over the Past 10 Years
Min: -6.57 Med: -0.29 Max: 12.94
Current: 1.81

During the past 13 years, the highest Debt-to-Equity Ratio of Cyberloq Technologies was 12.94. The lowest was -6.57. And the median was -0.29.

CLOQ's Debt-to-Equity is ranked worse than
92.26% of 2221 companies
in the Software industry
Industry Median: 0.21 vs CLOQ: 1.81

Cyberloq Technologies Debt-to-Equity Historical Data

The historical data trend for Cyberloq Technologies'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.

Cyberloq Technologies Debt-to-Equity Chart

Cyberloq Technologies Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.19

-0.71

-6.57

12.94

1.81

Cyberloq Technologies Quarterly Data
	Mar19	Jun19	Sep19	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															12.94	2.17	1.77	2.55	1.81

Competitive Comparison of Cyberloq Technologies's Debt-to-Equity

For the Software - Infrastructure subindustry, Cyberloq Technologies'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.

Cyberloq Technologies's Debt-to-Equity Distribution in the Software Industry

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

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

Cyberloq Technologies Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Cyberloq Technologies'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
	=	(0.762	+	0.03)	/	0.437
	=	1.81

Cyberloq Technologies'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
	=	(0.762	+	0.03)	/	0.437
	=	1.81

Cyberloq Technologies (OTCPK:CLOQ) 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.

Cyberloq Technologies Debt-to-Equity Related Terms

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

Cyberloq Technologies (Cyberloq Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Cyberloq Technologies Inc (OTCPK:CLOQ) » Definitions » Debt-to-Equity

Comparable Companies

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Traded in Other Exchanges

N/A

Address

4837 Swift Road, Suite 210-1, Sarasota, FL, USA, 34231

Website

https://www.cyberloq.com

Cyberloq Technologies Incis a development-stage technology company engaged in fraud prevention and credit management. The Company offers a proprietary software platform branded as CyberloQ which is a banking fraud prevention technology that is offered to institutional clients in order to combat fraudulent transactions and unauthorized access to customer accounts. The Company also offers a web-based proprietary software platform under the brand name TurnScor which allows customers to monitor and manage their credit from the privacy of their own homes. The Company derives its revenue from development, customization and user fees for the CyberloQ banking fraud technology products, including CyberloQ Vault, and from licensing fees for the TurnScor product.

Executives

Edwin Leon Hurst	director	218 CINDALYN DR., NEW HOLLAND PA 17557
Rex S Schuette	director	101 JULIUS CHAMBERS DRIVE, BLAIRSVILLE GA 30512
Mark Carten	director, officer: Chief Technical Officer	187 QUAKER LANE, NORTH SCITUATE RI 02857
Peter J Vazquez	other: Counsel for ACRT	18 HOOK MOUNTAIN ROAD, SUITE 201, PINE BROOK NJ 07058
Enrico Giordano	director, officer: Secretary & Treasurer	740 S. FEDERAL HIGHWAY, UNIT 606, POMPANO BEACH FL 33062
Christopher S. Jackson	officer: CEO	1915 PLAZA DR., SUITE #202, EAGAN MN 55122