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Identillect Technologies Debt-to-Equity

: -0.56 (As of Dec. 2021)
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Identillect Technologies's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2021 was $1.08 Mil. Identillect Technologies's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2021 was $0.00 Mil. Identillect Technologies's Total Stockholders Equity for the quarter that ended in Dec. 2021 was $-1.93 Mil. Identillect Technologies's debt to equity for the quarter that ended in Dec. 2021 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 Identillect Technologies's Debt-to-Equity or its related term are showing as below:

IDTLF' s Debt-to-Equity Range Over the Past 10 Years
Min: -1.01   Med: -0.47   Max: 0.8
Current: -0.56

During the past 13 years, the highest Debt-to-Equity Ratio of Identillect Technologies was 0.80. The lowest was -1.01. And the median was -0.47.

IDTLF's Debt-to-Equity is not ranked
in the Software industry.
Industry Median: 0.19 vs IDTLF: -0.56

Identillect Technologies Debt-to-Equity Historical Data

The historical data trend for Identillect 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.

Identillect Technologies Annual Data
Trend Jul12 Jul13 Jul14 Jul15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Debt-to-Equity
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.80 -0.77 -0.60 -0.47 -0.56

Identillect Technologies Quarterly Data
Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21
Debt-to-Equity Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.47 -0.58 -0.57 -0.56 -0.56

Competitive Comparison

For the Software - Application subindustry, Identillect 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.

   

Identillect Technologies Debt-to-Equity Distribution

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

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



Identillect Technologies Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Identillect Technologies's Debt to Equity Ratio for the fiscal year that ended in Dec. 2021 is calculated as

Identillect Technologies's Debt to Equity Ratio for the quarter that ended in Dec. 2021 is calculated as

* 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.


Identillect Technologies  (OTCPK:IDTLF) 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.


Identillect Technologies Debt-to-Equity Related Terms

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


Identillect Technologies Business Description

Identillect Technologies logo
Industry
Technology » Software NAICS : 423430 SIC : 5744
Traded in Other Exchanges
Address
609 Granville Street, Suite 1600, Vancouver, BC, CAN, V7Y 1C3
Identillect Technologies Corp is a software development company that design and developed an email encryption software solution to protect critical information. The company offers Delivery trust service; which is an email security solution, designed for small and medium-sized businesses. It offers a product like Delivery trust in Outlook Plugin, Office 365, Gmail Plugin, Web Only and Electronic Signatures. The company serves Accounting, Education Professionals, Financial, Legal, Medical, Real Estate, and Resource industries.
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