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eXeBlock Technology (XCNQ:XBLK.X) Debt-to-Equity : 0.00 (As of Feb. 2024)


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What is eXeBlock Technology Debt-to-Equity?

eXeBlock Technology's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was C$0.00 Mil. eXeBlock Technology's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was C$0.00 Mil. eXeBlock Technology's Total Stockholders Equity for the quarter that ended in Feb. 2024 was C$0.53 Mil. eXeBlock Technology's debt to equity for the quarter that ended in Feb. 2024 was 0.00.

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 eXeBlock Technology's Debt-to-Equity or its related term are showing as below:

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

eXeBlock Technology Debt-to-Equity Historical Data

The historical data trend for eXeBlock Technology'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.

eXeBlock Technology Debt-to-Equity Chart

eXeBlock Technology Annual Data
Trend Jul16 Jul17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Debt-to-Equity
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eXeBlock Technology Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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Competitive Comparison of eXeBlock Technology's Debt-to-Equity

For the Software - Application subindustry, eXeBlock Technology'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.


eXeBlock Technology's Debt-to-Equity Distribution in the Software Industry

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

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



eXeBlock Technology Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

eXeBlock Technology's Debt to Equity Ratio for the quarter that ended in Feb. 2024 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.


eXeBlock Technology  (XCNQ:XBLK.X) 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.


eXeBlock Technology Debt-to-Equity Related Terms

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eXeBlock Technology (XCNQ:XBLK.X) Business Description

Traded in Other Exchanges
Address
1090 West Georgia Street, Suite 280, Vancouver, BC, CAN, V6E 3V7
eXeBlock Technology Corp designs and develops software application . The company specializes in the development of blockchain decentralized applications which includes blockchain technology consulting and application development. It serves the gaming and telecommunication industries in Canada.

eXeBlock Technology (XCNQ:XBLK.X) Headlines

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