Quest Patent Research (Quest Patent Research) Debt-to-Equity : -0.63 (As of Dec. 2023)

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What is Quest Patent Research Debt-to-Equity?

Quest Patent Research's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $2.94 Mil. Quest Patent Research's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.15 Mil. Quest Patent Research's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $-4.87 Mil. Quest Patent Research's debt to equity for the quarter that ended in Dec. 2023 was -0.63.

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 Quest Patent Research's Debt-to-Equity or its related term are showing as below:

QPRC' s Debt-to-Equity Range Over the Past 10 Years
Min: -4.1 Med: -1.04 Max: -0.36
Current: -0.63

During the past 13 years, the highest Debt-to-Equity Ratio of Quest Patent Research was -0.36. The lowest was -4.10. And the median was -1.04.

QPRC's Debt-to-Equity is not ranked
in the Business Services industry.
Industry Median: 0.395 vs QPRC: -0.63

Quest Patent Research Debt-to-Equity Historical Data

The historical data trend for Quest Patent Research'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.

Quest Patent Research Debt-to-Equity Chart

Quest Patent Research Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

-1.14

-0.95

-0.39

-0.36

-0.63

Quest Patent Research 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															-0.36	-0.33	-0.29	-0.27	-0.63

Competitive Comparison of Quest Patent Research's Debt-to-Equity

For the Consulting Services subindustry, Quest Patent Research'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.

Quest Patent Research's Debt-to-Equity Distribution in the Business Services Industry

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

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

Quest Patent Research Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Quest Patent Research'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
	=	(2.935	+	0.15)	/	-4.865
	=	-0.63

Quest Patent Research'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
	=	(2.935	+	0.15)	/	-4.865
	=	-0.63

Quest Patent Research (OTCPK:QPRC) 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.

Quest Patent Research Debt-to-Equity Related Terms

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

Quest Patent Research (Quest Patent Research) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Quest Patent Research Corp (OTCPK:QPRC) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

411 Theodore Fremd Avenue, Suite 206S, Rye, NY, USA, 10580-1411

Website

https://www.qprc.com

Quest Patent Research Corp is an intellectual property asset management company. The company is engaged in the development, acquisition, licensing and enforcement of intellectual property rights. Its intellectual property portfolios consist of mobile data, online marketing, sweepstakes, promotions, and rewards, flexible packaging, universal financial data system, rich media, anchor structure portfolio, power management/bus control portfolio, and diode on-chip portfolio. The company has two segments namely intellectual property licensing and licensed packaging sales. It generates revenue from patent licensing fees, management fees, and licensed packaging sales.

Executives

Timothy J Scahill	director	472 WHITING ROAD, WEBSTER NY 14580
William Ryall Carroll	director	242 WEST 104TH ST, APT 6ER, NEW YORK NY 10025
Robert Christopher Paladino	director	7811 VALENCIA COURT, NAPLES FL 34113
Jon Charles Scahill	director, officer: President & COO	24 GREENHAVEN RD., RYE NY 10580-1018