Quantum Energy (Quantum Energy) Debt-to-Equity : -1.00 (As of Sep. 2023)

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What is Quantum Energy Debt-to-Equity?

Quantum Energy's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $3.69 Mil. Quantum Energy's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.00 Mil. Quantum Energy's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $-3.69 Mil. Quantum Energy's debt to equity for the quarter that ended in Sep. 2023 was -1.00.

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

FLCX' s Debt-to-Equity Range Over the Past 10 Years
Min: -1 Med: -0.76 Max: -0.48
Current: -1

During the past 8 years, the highest Debt-to-Equity Ratio of Quantum Energy was -0.48. The lowest was -1.00. And the median was -0.76.

FLCX's Debt-to-Equity is not ranked
in the Business Services industry.
Industry Median: 0.38 vs FLCX: -1.00

Quantum Energy Debt-to-Equity Historical Data

The historical data trend for Quantum Energy'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.

Quantum Energy Debt-to-Equity Chart

Quantum Energy Annual Data

Trend

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Debt-to-Equity

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-0.73

-0.78

-0.77

-0.72

-0.84

Quantum Energy Quarterly Data
	Nov18	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Mar23	Jun23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial															-0.74	-0.99	-0.99	-0.99	-1.00

Competitive Comparison of Quantum Energy's Debt-to-Equity

For the Consulting Services subindustry, Quantum Energy'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.

Quantum Energy's Debt-to-Equity Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Quantum Energy's Debt-to-Equity distribution charts can be found below:

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

Quantum Energy Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Quantum Energy's Debt to Equity Ratio for the fiscal year that ended in Feb. 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
	=	(4.196	+	0)	/	-5.017
	=	-0.84

Quantum Energy'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
	=	(3.685	+	0)	/	-3.685
	=	-1.00

Quantum Energy (OTCPK:FLCX) 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.

Quantum Energy Debt-to-Equity Related Terms

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

Quantum Energy (Quantum Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Quantum Energy Corp (OTCPK:FLCX) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

1282 A Cornwall Road, Oakville, ON, CAN, L6J 7W5

Website

https://www.flooidcx.com

FlooidCX Corp acts as an online complaint resolution platform for consumers and businesses. The company offers unified communications and collaboration in online CRM solutions - GripeVine and Resolution1. It offers a proprietary complaint-resolution platform for the facilitation and management of social customer service via centralized communication, rating, and review tools. The tools offered to reward reliable consumers and responsive businesses. Its platform includes the handling of ratings, reviews, complaint resolution statuses while offering data collection features such as scoring, polling, comments, voting, and credibility points.

Executives

Dennis M Danzik	director, officer: CEO	14747 N. NORTHSIGHT BLVD, STE.111-218, SCOTTSDALE AZ 85260
Kifu Llc	10 percent owner	2505 ANTHEM VILLAGE DRIVE, SUITE E-334, HENDERSON NV 89052
William Westbrook	director	P.O. BOX 431, VERNON AZ 85940
Craig N Kitchen	director	11201 N. TATUM BLVD.,, SUITE 110, SCOTTSDALE AZ 85028
Douglas Charles Bean	10 percent owner, other: shareholder	2728 CAROLINA BLUE AVE, HENDERSON NV 89052
Mark Vange	director, officer: Chief Technical Officer	1282A CORNWALL ROAD, OAKVILLE A6 LGJ 7W5
Helen Bernardino	director	1282A CORNWALL ROAD, OAKVILLE A6 L6J 7W5
Richard Hue	10 percent owner	1282A CORNWALL ROAD, OAKVILLE Z4 L6J 7W5