Advanced Voice Recognition Systems (Advanced Voice Recognition Systems) Debt-to-Equity : 0.00 (As of Dec. 2023)

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What is Advanced Voice Recognition Systems Debt-to-Equity?

Advanced Voice Recognition Systems's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil. Advanced Voice Recognition Systems's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil. Advanced Voice Recognition Systems's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $-0.35 Mil. Advanced Voice Recognition Systems's debt to equity for the quarter that ended in Dec. 2023 was 0.00.

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 Advanced Voice Recognition Systems's Debt-to-Equity or its related term are showing as below:

AVOI' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.23 Med: -0.09 Max: -0.06
Current: -0.06

During the past 13 years, the highest Debt-to-Equity Ratio of Advanced Voice Recognition Systems was -0.06. The lowest was -0.23. And the median was -0.09.

AVOI's Debt-to-Equity is not ranked
in the Software industry.
Industry Median: 0.21 vs AVOI: -0.06

Advanced Voice Recognition Systems Debt-to-Equity Historical Data

The historical data trend for Advanced Voice Recognition 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.

Advanced Voice Recognition Systems Debt-to-Equity Chart

Advanced Voice Recognition Systems Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

-0.10

-0.08

-0.07

-0.06

Advanced Voice Recognition Systems 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															-0.06	-0.06	-	-	-

Competitive Comparison of Advanced Voice Recognition Systems's Debt-to-Equity

For the Software - Application subindustry, Advanced Voice Recognition 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.

Advanced Voice Recognition Systems's Debt-to-Equity Distribution in the Software Industry

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

* The bar in red indicates where Advanced Voice Recognition Systems's Debt-to-Equity falls into.

Advanced Voice Recognition Systems Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Advanced Voice Recognition Systems'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	+	0)	/	-0.349
	=	0.00

Advanced Voice Recognition Systems'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	+	0)	/	-0.349
	=	0.00

Advanced Voice Recognition Systems (OTCPK:AVOI) 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.

Advanced Voice Recognition Systems Debt-to-Equity Related Terms

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Advanced Voice Recognition Systems (Advanced Voice Recognition Systems) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Advanced Voice Recognition Systems Inc (OTCPK:AVOI) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

7659 E. Wood Drive, Scottsdale, AZ, USA, 85260

Website

https://www.avrsys.com

Advanced Voice Recognition Systems Inc is a software development company that is engaged in creating interface and application solutions for speech recognition technologies. It holds six issued patents and is also involved in patent monetization.

Executives

Blake Thorshov	10 percent owner	1112 SECOND STREET, LOS OSOS CA 93402
Michael Davis	other: Consultant	1933 EAST MCDOWELL ROAD, PHOENIX AZ 85006
Joseph Miglietta	other: Consultant	10353 EAST SUTTON, SCOTTSDALE AZ 85260
Douglas Holt	other: Consultant	1465 EAST TIERRA STREET, GILBERT AZ 85297
Walter Geldenhuys	director, 10 percent owner, officer: See Remarks	112 E SPRUCE STREET, MITCHELL SD 57301
Getty Don	director	1273 POTTER GREENS DRIVE, EDMONTON A0 T5T 5Y8
Diane Jakowchuk	officer: See Remarks	7659 EAST WOOD DRIVE, SCOTTSDALE AZ 85260
Lisa Robin Jacobson	director, officer: Secretaty/Treasurer	9 REGAL WAY, SHERWOOD PARK A0 T8A 5N1
Stone Canyon Resources Inc.	10 percent owner	1530 - 9TH AVENUE SE, CALGARY A0 T2G 0T7
Christopher Yee	director, 10 percent owner, officer: President	#2 - 136 STONECREEK ROAD, CANMORE A0 T1W 3A5
Wally Yee	director, 10 percent owner	9716 OAKHILL DRIVE S.W., CALGARY A0 T2V 3W5
Dave Burroughs	director, 10 percent owner	11531-15 AVENUE, EDMONTON A0 T6J 7C9
Daniel R Koyich	director, officer: Secretary / Treasurer	1451 ACADIA DRIVE S.E., CALGARY A0 T2J 5B1
Scott Koyich	10 percent owner	411 CLEARWATER LANDING SW, CALGARY A0 T3Z 3T8

Advanced Voice Recognition Systems (Advanced Voice Recognition Systems) Headlines

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Advanced Voice Recognition Systems, Inc. Files Infringement Complaint Against Apple, Inc.

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