Fullnet Communications (Fullnet Communications) Debt-to-Equity : 0.09 (As of Dec. 2023)

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What is Fullnet Communications Debt-to-Equity?

Fullnet Communications's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.15 Mil. Fullnet Communications's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil. Fullnet Communications's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $1.62 Mil. Fullnet Communications's debt to equity for the quarter that ended in Dec. 2023 was 0.09.

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

FULO' s Debt-to-Equity Range Over the Past 10 Years
Min: -1.9 Med: -0.03 Max: 1.03
Current: 0.09

During the past 13 years, the highest Debt-to-Equity Ratio of Fullnet Communications was 1.03. The lowest was -1.90. And the median was -0.03.

FULO's Debt-to-Equity is ranked better than
86.96% of 345 companies
in the Telecommunication Services industry
Industry Median: 0.66 vs FULO: 0.09

Fullnet Communications Debt-to-Equity Historical Data

The historical data trend for Fullnet Communications'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.

Fullnet Communications Debt-to-Equity Chart

Fullnet Communications Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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-1.90

1.03

0.30

0.20

0.09

Fullnet Communications 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															0.20	0.17	0.13	0.11	0.09

Competitive Comparison of Fullnet Communications's Debt-to-Equity

For the Telecom Services subindustry, Fullnet Communications'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.

Fullnet Communications's Debt-to-Equity Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Fullnet Communications's Debt-to-Equity distribution charts can be found below:

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

Fullnet Communications Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Fullnet Communications'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
	=	(0.145	+	0)	/	1.622
	=	0.09

Fullnet Communications'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
	=	(0.145	+	0)	/	1.622
	=	0.09

Fullnet Communications (OTCPK:FULO) 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.

Fullnet Communications Debt-to-Equity Related Terms

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

Fullnet Communications (Fullnet Communications) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Fullnet Communications Inc (OTCPK:FULO) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

201 Robert S. Kerr Avenue, Suite 210, Oklahoma City, OK, USA, 73102

Website

https://www.fullnet.net

Fullnet Communications Inc is an integrated communications provider. The company through its subsidiaries, provides high quality, reliable and scalable Internet access, web hosting, local telephone service, equipment colocation, customized live help desk outsourcing services, mass notification services using text messages and automated telephone calls, as well as advanced voice and data solutions. The company derives the majority of its revenue and its customers from three primary types of service Mass notification services using text messages and automated telephone calls; Equipment colocation and related services; and Customized live help desk outsourcing service.

Executives

Timothy J Kilkenny	director, 10 percent owner, officer: Chief Executive Officer	201 ROBERT S KERR AVE STE 210, OKLAHOMA CITY OK 73102
Roger P Baresel	director, officer: President & CFO	201 ROBERT S KERR AVE STE 210, OKLAHOMA CITY OK 73102
Michael D Tomas	officer: Vice President	201 ROBERT S KERR AVENUE STE. 210, OKLAHJOMA CITY OK 73102
Theodore S Williams	officer: Vice President	201 ROBERT S KERR AVENUE STE. 210, OKLAHJOMA CITY OK 73102
Jason C Ayers	officer: Vice President	201 ROBERT S KERR AVE STE 210, OKLAHOMA CITY OK 73102
Patricia R Shurley	officer: Vice President	201 ROBERT S KERR AVE STE 210, OKLAHOMA CITY OK 73102

Fullnet Communications (Fullnet Communications) Headlines

From GuruFocus

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