SPYR Technologies (SPYR Technologies) Debt-to-Equity : -1.44 (As of Sep. 2022)

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

What is SPYR Technologies Debt-to-Equity?

SPYR Technologies's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2022 was $0.82 Mil. SPYR Technologies's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2022 was $12.21 Mil. SPYR Technologies's Total Stockholders Equity for the quarter that ended in Sep. 2022 was $-9.04 Mil. SPYR Technologies's debt to equity for the quarter that ended in Sep. 2022 was -1.44.

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

SPYR's Debt-to-Equity is not ranked ^*
in the Software industry.
Industry Median: 0.21
* Ranked among companies with meaningful Debt-to-Equity only.

SPYR Technologies Debt-to-Equity Historical Data

The historical data trend for SPYR 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.

SPYR Technologies Debt-to-Equity Chart

SPYR Technologies Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Debt-to-Equity

Get a 7-Day Free Trial

-0.36

-0.61

-0.41

-0.25

-0.45

SPYR Technologies Quarterly Data
	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
Debt-to-Equity	Get a 7-Day Free Trial															-0.45	-0.45	-0.61	-1.55	-1.44

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

For the Software - Infrastructure subindustry, SPYR 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.

SPYR Technologies's Debt-to-Equity Distribution in the Software Industry

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

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

SPYR Technologies Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

SPYR Technologies's Debt to Equity Ratio for the fiscal year that ended in Dec. 2021 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
	=	(0.768	+	2.82)	/	-8.036
	=	-0.45

SPYR Technologies's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(0.816	+	12.209)	/	-9.041
	=	-1.44

SPYR Technologies (OTCPK:SPYR) 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.

SPYR Technologies Debt-to-Equity Related Terms

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

SPYR Technologies (SPYR Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » SPYR Technologies (OTCPK:SPYR) » Definitions » Debt-to-Equity

Comparable Companies

DCLT VISM SOLS SEII CYRNQ IRNT EDGM MSFT ORCL ADBE VMW PANW SNPS FTNT CRWD PLTR SQ SPLK MDB ZS

Traded in Other Exchanges

N/A

Address

6700 Woodlands Parkway, Suite 230, No. 331, The Woodlands, TX, USA, 77382

Website

https://www.spyr.com

SPYR Technologies is a diversified technology company. The company develops products leveraging the Internet of Things (IoT) for consumer use and large-scale applications and industries. The Company operates two segments in the Internet of Things (IoT) market. The company through its wholly-owned subsidiary GeoTraq division, develop and manufacture entirely self-contained and ultra-small Mobile IoT (Internet of Things) modules for asset tracking, location-based services, and sensor modules for remote monitoring.

Executives

Timothy Matula	director, officer: CEO	175 JACKSON AVE N, SUITE 102, MINNEAPOLIS MN 55343
Tad M Mailander	director	4811 49TH STREET, SAN DIEGO CA 92115
Barry D Loveless	officer: CFO	4643 S ULSTER ST. SUITE 1510, DENVER CO 80237
Jennifer Devon Duettra	officer: Executive Vice President	8547 E. ARAPAHOE RD., #J527, GREENWOOD VILLAGE CO 80112
James Richard Thompson	officer: President & CEO	8547 E. ARAPAHOE RD., #J527, GREENWOOD VILLAGE CO 80112