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Kure Technologies (TSXV:KUR.H) Debt-to-Equity : -0.23 (As of Nov. 2023)


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What is Kure Technologies Debt-to-Equity?

Kure Technologies's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2023 was C$0.34 Mil. Kure Technologies's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2023 was C$0.00 Mil. Kure Technologies's Total Stockholders Equity for the quarter that ended in Nov. 2023 was C$-1.49 Mil. Kure Technologies's debt to equity for the quarter that ended in Nov. 2023 was -0.22.

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

TSXV:KUR.H' s Debt-to-Equity Range Over the Past 10 Years
Min: -1.58   Med: -0.22   Max: 0.33
Current: -0.23

During the past 13 years, the highest Debt-to-Equity Ratio of Kure Technologies was 0.33. The lowest was -1.58. And the median was -0.22.

TSXV:KUR.H's Debt-to-Equity is not ranked
in the Diversified Financial Services industry.
Industry Median: 0.12 vs TSXV:KUR.H: -0.23

Kure Technologies Debt-to-Equity Historical Data

The historical data trend for Kure 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.

Kure Technologies Debt-to-Equity Chart

Kure Technologies Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.16 -0.19 -0.23 -0.25 -0.21

Kure Technologies Quarterly Data
Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
Debt-to-Equity Get a 7-Day Free Trial 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 -0.25 -0.22 -0.22 -0.21 -0.23

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

For the Shell Companies subindustry, Kure 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.


Kure Technologies's Debt-to-Equity Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Kure Technologies's Debt-to-Equity distribution charts can be found below:

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



Kure Technologies Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Kure Technologies's Debt to Equity Ratio for the fiscal year that ended in Aug. 2023 is calculated as

Kure Technologies's Debt to Equity Ratio for the quarter that ended in Nov. 2023 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.


Kure Technologies  (TSXV:KUR.H) 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.


Kure Technologies Debt-to-Equity Related Terms

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


Kure Technologies (TSXV:KUR.H) Business Description

Traded in Other Exchanges
Address
291 York Hill Boulevard, Thornhill, ON, CAN, L4J 3L5
Kure Technologies Inc is currently looking for business opportunities.

Kure Technologies (TSXV:KUR.H) Headlines

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