Magnet Forensics (TSX:MAGT) Debt-to-Equity : 0.07 (As of Dec. 2022)

Magnet Forensics Debt-to-Equity Chart

Magnet Forensics Quarterly Data
	Dec18	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22
Debt-to-Equity	Get a 7-Day Free Trial									0.10	0.09	0.04	0.08	0.07

Competitive Comparison of Magnet Forensics's Debt-to-Equity

For the Software - Application subindustry, Magnet Forensics'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.

Magnet Forensics's Debt-to-Equity Distribution in the Software Industry

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

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

Magnet Forensics Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Magnet Forensics's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Magnet Forensics's Debt to Equity Ratio for the quarter that ended in Dec. 2022 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.

Magnet Forensics  (TSX:MAGT) 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.

Magnet Forensics Debt-to-Equity Related Terms

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Magnet Forensics (TSX:MAGT) Business Description