EdgeMode (EdgeMode) Debt-to-Equity

: -0.56 (As of Sep. 2023)

View and export this data going back to 2022. Start your Free Trial

EdgeMode's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $1.53 Mil. EdgeMode's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.00 Mil. EdgeMode's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $-2.73 Mil. EdgeMode's debt to equity for the quarter that ended in Sep. 2023 was -0.56.

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

EDGM' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.76 Med: -0.16 Max: 1.19
Current: -0.56

During the past 2 years, the highest Debt-to-Equity Ratio of EdgeMode was 1.19. The lowest was -0.76. And the median was -0.16.

EDGM's Debt-to-Equity is not ranked
in the Software industry.
Industry Median: 0.21 vs EDGM: -0.56

EdgeMode Debt-to-Equity Historical Data

The historical data trend for EdgeMode'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.

EdgeMode Annual Data

Trend

Dec21

Dec22

Debt-to-Equity

1.19

-0.76

EdgeMode Quarterly Data
	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial						0.55	-0.76	-0.57	-0.71	-0.56

Competitive Comparison

For the Software - Infrastructure subindustry, EdgeMode'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.

EdgeMode Debt-to-Equity Distribution

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

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

EdgeMode Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

EdgeMode'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
	=	(1.215	+	0)	/	-1.594
	=	-0.76

EdgeMode'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
	=	(1.528	+	0)	/	-2.73
	=	-0.56

EdgeMode (OTCPK:EDGM) 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.

EdgeMode Debt-to-Equity Related Terms

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

EdgeMode (EdgeMode) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

110 East Broward Boulevard, Suite 1700, Ft. Lauderdale, FL, USA, 33301

Website

https://www.edgemode.io

EdgeMode Inc builds infrastructure and provides HPC services. It engages in crypto mining and High-Performance services (HPC) with near-term plans to scale U.S.-based data center operations.

Executives

Charles Thomas Faulkner	director, 10 percent owner, officer: CEO and President	350 NORTH ORLEANS STREET, SUITE 9000N, CHICAGO IL 60654
Simon Enrico Wajcenberg	director, 10 percent owner, officer: CFO, Treasurer and Secretary	TIDES, UNIT 204, 176, SOUTH SOUND ROAD, GEORGE TOWN E9 KY1-1105
Christina Dixon	10 percent owner	3858 COUNTY ROAD 308, ELLINGTON MO 63638
Roger L Dixon	10 percent owner	3858 COUNTY ROAD 308, ELLINGTON MO 63638

EdgeMode (EdgeMode) Headlines

No Headlines