Taal Distributed Information Technologies (XCNQ:TAAL) Debt-to-Equity : 0.13 (As of Sep. 2022)

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What is Taal Distributed Information Technologies Debt-to-Equity?

Taal Distributed Information Technologies's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2022 was C$0.35 Mil. Taal Distributed Information Technologies's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2022 was C$8.05 Mil. Taal Distributed Information Technologies's Total Stockholders Equity for the quarter that ended in Sep. 2022 was C$64.51 Mil. Taal Distributed Information Technologies's debt to equity for the quarter that ended in Sep. 2022 was 0.13.

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

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

Taal Distributed Information Technologies Debt-to-Equity Historical Data

The historical data trend for Taal Distributed Information 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.

Taal Distributed Information Technologies Debt-to-Equity Chart

Taal Distributed Information Technologies Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Dec19

Dec20

Dec21

Debt-to-Equity

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N/A

0.32

0.28

Taal Distributed Information Technologies Quarterly Data
	Oct17	Jan18	Apr18	Jul18	Oct18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
Debt-to-Equity	Get a 7-Day Free Trial															0.03	0.28	0.31	0.21	0.13

Competitive Comparison of Taal Distributed Information Technologies's Debt-to-Equity

For the Software - Infrastructure subindustry, Taal Distributed Information 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.

Taal Distributed Information Technologies's Debt-to-Equity Distribution in the Software Industry

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

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

Taal Distributed Information Technologies Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Taal Distributed Information 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
	=	(0.336	+	14.054)	/	51.402
	=	0.28

Taal Distributed Information 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
	=	(0.354	+	8.05)	/	64.507
	=	0.13

Taal Distributed Information Technologies (XCNQ:TAAL) 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.

Taal Distributed Information Technologies Debt-to-Equity Related Terms

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Taal Distributed Information Technologies (XCNQ:TAAL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Taal Distributed Information Technologies Inc (XCNQ:TAAL) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

181 Bay Street, Suite 4260, Toronto, ON, CAN, M5J 2V1

Website

https://www.taal.com

Taal Distributed Information Technologies Inc delivers value-added blockchain services, providing professional-grade, highly scalable blockchain infrastructure and transactional platforms to support businesses building solutions and applications upon the BitcoinSV platform, and developing, operating, and managing distributed computing systems for enterprise users. The company's business can be generally divided along these lines: Digital Asset Hashing, Transaction Processing, Software Services, and Digital Asset Hashing Pool Management. The majority of revenue is generated in the Digital Asset Hashing area.

Taal Distributed Information Technologies (XCNQ:TAAL) Headlines

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