CurAegis Technologies (CurAegis Technologies) Debt-to-Equity : -0.81 (As of Sep. 2020)

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What is CurAegis Technologies Debt-to-Equity?

CurAegis Technologies's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2020 was $1.14 Mil. CurAegis Technologies's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2020 was $10.30 Mil. CurAegis Technologies's Total Stockholders Equity for the quarter that ended in Sep. 2020 was $-14.22 Mil. CurAegis Technologies's debt to equity for the quarter that ended in Sep. 2020 was -0.80.

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

CRGS's Debt-to-Equity is not ranked ^*
in the Hardware industry.
Industry Median: 0.28
* Ranked among companies with meaningful Debt-to-Equity only.

CurAegis Technologies Debt-to-Equity Historical Data

The historical data trend for CurAegis 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.

CurAegis Technologies Debt-to-Equity Chart

CurAegis Technologies Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Debt-to-Equity

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0.35

-1.05

-0.78

-0.79

CurAegis Technologies Quarterly Data
	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20
Debt-to-Equity	Get a 7-Day Free Trial															-0.79	-0.79	-0.81	-0.80	-0.81

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

For the Scientific & Technical Instruments subindustry, CurAegis 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.

CurAegis Technologies's Debt-to-Equity Distribution in the Hardware Industry

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

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

CurAegis Technologies Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

CurAegis Technologies's Debt to Equity Ratio for the fiscal year that ended in Dec. 2019 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
	=	(1.786	+	7.889)	/	-12.203
	=	-0.79

CurAegis Technologies's Debt to Equity Ratio for the quarter that ended in Sep. 2020 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
	=	(1.142	+	10.303)	/	-14.222
	=	-0.80

CurAegis Technologies (OTCPK:CRGS) 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.

CurAegis Technologies Debt-to-Equity Related Terms

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

CurAegis Technologies (CurAegis Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » CurAegis Technologies Inc (OTCPK:CRGS) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

350 Linden Oaks, Rochester, NY, USA, 14625

Website

https://www.curaegis.com

CurAegis Technologies Inc is a United States-based company that develops and markets advanced technologies in the areas of safety, wellness and power. It is focused on the commercialization of a wellness and safety system (the myCadian system) and a hydraulic pump that will be smaller, lighter, less expensive and more efficient than current technology. The company has two business divisions CURA and Aegis. The CURA division, which is the key revenue generator, is engaged in the fatigue management business and reduces fatigue risk in the workplace to improve alertness. The Aegis division is engaged in the power and hydraulic business and is designed to bring a unique concept in hydraulic pumps and motors.

Executives

B Thomas Golisano	10 percent owner
Aaron Newman	director	4000 EAST AVENUE ROCHESTER NY 14604
Johnson Walter A. L.	director	350 LINDEN OAKS ROCHESTER NY 14625
E. Philip Saunders	director	1999 MT. READ BLVD ROCHESTER NY 14615
Gary A Siconolfi	director	11 POND VIEW DRIVE PITTSFORD NY 14534
James R. Donnelly	officer: COO	350 LINDEN OAKS ROCHESTER NY 14625
Richard A Kaplan	director, 10 percent owner, officer: CEO	1999 MT. REED BLVD ROCHESTER NY 14615
William W Destler	director	2 LOMB MEMORIAL DRIVE ROCHESTER NY 14623
Lance F. Drummond	director	8200 JONES BRANCH DRIVE, MCLEAN VA 22102
Tom Bonadio	director	1021 HOWARD AVE, SAN CARLOS CA 94070
Asher Justin Flaum	director	49 SUNRISE PARK PITTSFORD NY 14534
Charles N Mills	director	1999 MT. READ BLVD ROCHESTER NY 14615
Thomas J Labus	director	1012 TARRANT DRIVE FONTANA WI 53125
John W Heinricy	director	1999 MT. READ BLVD ROCHESTER NY 14615
Keith E Gleasman	director, 10 percent owner, officer: President	11 POND VIEW DRIVE PITTSFORD NY 14534

CurAegis Technologies (CurAegis Technologies) Headlines

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