Ostrom Climate Solutions (TSXV:COO) Debt-to-Equity : -0.52 (As of Sep. 2023)

View and export this data going back to 2006. Start your Free Trial

What is Ostrom Climate Solutions Debt-to-Equity?

Ostrom Climate Solutions's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was C$0.67 Mil. Ostrom Climate Solutions's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was C$0.29 Mil. Ostrom Climate Solutions's Total Stockholders Equity for the quarter that ended in Sep. 2023 was C$-1.84 Mil. Ostrom Climate Solutions's debt to equity for the quarter that ended in Sep. 2023 was -0.52.

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 Ostrom Climate Solutions's Debt-to-Equity or its related term are showing as below:

TSXV:COO' s Debt-to-Equity Range Over the Past 10 Years
Min: -1.76 Med: -0.55 Max: -0.27
Current: -0.52

During the past 13 years, the highest Debt-to-Equity Ratio of Ostrom Climate Solutions was -0.27. The lowest was -1.76. And the median was -0.55.

TSXV:COO's Debt-to-Equity is not ranked
in the Business Services industry.
Industry Median: 0.4 vs TSXV:COO: -0.52

Ostrom Climate Solutions Debt-to-Equity Historical Data

The historical data trend for Ostrom Climate Solutions'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.

Ostrom Climate Solutions Debt-to-Equity Chart

Ostrom Climate Solutions Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

Get a 7-Day Free Trial

-0.55

-1.13

-1.76

-0.64

-1.08

Ostrom Climate Solutions Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial															-1.10	-1.08	-0.70	-0.50	-0.52

Competitive Comparison of Ostrom Climate Solutions's Debt-to-Equity

For the Consulting Services subindustry, Ostrom Climate Solutions'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.

Ostrom Climate Solutions's Debt-to-Equity Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Ostrom Climate Solutions's Debt-to-Equity distribution charts can be found below:

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

Ostrom Climate Solutions Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Ostrom Climate Solutions'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
	=	(0.629	+	0.297)	/	-0.855
	=	-1.08

Ostrom Climate Solutions'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
	=	(0.665	+	0.286)	/	-1.842
	=	-0.52

Ostrom Climate Solutions (TSXV:COO) 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.

Ostrom Climate Solutions Debt-to-Equity Related Terms

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

Ostrom Climate Solutions (TSXV:COO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Ostrom Climate Solutions Inc (TSXV:COO) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

9EAA:Germany

Address

948 Homer Street, Suite 300, Vancouver, BC, CAN, V6B 2W7

Website

https://www.ostromclimate.com

Ostrom Climate Solutions Inc is engaged in providing carbon management solutions. The services offered by the company include Climate Solutions Advisory, Nature-Based Solutions, and Clean Technology and Industrial Innovation. The company has one reportable segment operating in Canada and the United States, being that of the development and sale of VERs and advisory services.

Executives

Christopher Morris

Director