Ackroo (Ackroo) Debt-to-Equity : 2.32 (As of Sep. 2023)

View and export this data going back to . Start your Free Trial

What is Ackroo Debt-to-Equity?

Ackroo's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $2.36 Mil. Ackroo's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.90 Mil. Ackroo's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $1.41 Mil. Ackroo's debt to equity for the quarter that ended in Sep. 2023 was 2.32.

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

AKRFF' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.21 Med: 1.57 Max: 10.22
Current: 2.32

During the past 13 years, the highest Debt-to-Equity Ratio of Ackroo was 10.22. The lowest was -0.21. And the median was 1.57.

AKRFF's Debt-to-Equity is ranked worse than
94.24% of 2221 companies
in the Software industry
Industry Median: 0.21 vs AKRFF: 2.32

Ackroo Debt-to-Equity Historical Data

The historical data trend for Ackroo'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.

Ackroo Debt-to-Equity Chart

Ackroo Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

Get a 7-Day Free Trial

0.09

3.33

1.75

1.67

3.30

Ackroo Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial															3.94	3.30	2.85	2.38	2.32

Competitive Comparison of Ackroo's Debt-to-Equity

For the Software - Application subindustry, Ackroo'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.

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

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

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

Ackroo Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Ackroo's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 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
	=	(0.702	+	3.008)	/	1.124
	=	3.30

Ackroo's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(2.36	+	0.896)	/	1.406
	=	2.32

Ackroo (OTCPK:AKRFF) 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.

Ackroo Debt-to-Equity Related Terms

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

Ackroo (Ackroo) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

AKR:Canada

Address

1250 South Service Road, Unit A3-1 (3rd Floor), Hamilton, ON, CAN, L8E 5R9

Website

https://www.ackroo.com

Ackroo Inc provides marketing, payment, and point-of-sale solutions for merchants of all sizes. Through a SaaS-based business model, the company provides an in-store and online automated solution to help merchants process loyalty, gift card, and promotional transactions at the point of sale, provide key administrative and marketing data, and to allow customers to access and manage their loyalty and gift card accounts. Its payment services provide merchants with low-cost payment processing options through some of the world's largest payment technology and service providers. Ackroo's hybrid management and point-of-sale solutions help manage and optimize the general operations for niche industries including golf clubs, automotive dealers, and more.