ADGO (Advantego) Debt-to-Equity : -0.80 (As of Jun. 2020)

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What is Advantego Debt-to-Equity?

Advantego's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2020 was $2.76 Mil. Advantego's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2020 was $0.00 Mil. Advantego's Total Stockholders Equity for the quarter that ended in Jun. 2020 was $-3.43 Mil. Advantego's debt to equity for the quarter that ended in Jun. 2020 was -0.80.

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

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

Advantego Debt-to-Equity Historical Data

The historical data trend for Advantego'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.

Advantego Debt-to-Equity Chart

Advantego Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Debt-to-Equity

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-1.38

-0.65

-0.28

-0.93

-0.90

Advantego Quarterly Data
	Jun13	Sep13	Dec13	Dec14	Dec15	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20
Debt-to-Equity	Get a 7-Day Free Trial															-1.03	-1.01	-0.90	-0.85	-0.80

Competitive Comparison of Advantego's Debt-to-Equity

For the Software - Application subindustry, Advantego'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.

Advantego's Debt-to-Equity Distribution in the Software Industry

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

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

Advantego Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Advantego's Debt to Equity Ratio for the fiscal year that ended in Dec. 2019 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
	=	(3.404	+	0)	/	-3.805
	=	-0.89

Advantego's Debt to Equity Ratio for the quarter that ended in Jun. 2020 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
	=	(2.758	+	0)	/	-3.431
	=	-0.80

Advantego (OTCPK:ADGO) 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.

Advantego Debt-to-Equity Related Terms

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Advantego Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Advantego Corp (OTCPK:ADGO) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

2000 S. Colorado Boulevard, Tower 1, Suite 2000, Denver, CO, USA, 80222

Website

https://www.advantego.com

Advantego Corp is a United States-based company engaged in designing, developing and implementing digital communications and intelligent software solutions as a specialized Business Process as a Service (BPaaS). Its products and services enable organizations to create a comprehensive promotional and marketing campaign using social media marketing, customer relationship management, and lead generation. The company's products and services are provided through Intelligent Solution Platform. Its portfolio of solutions includes a business rules engine, customer management, workflow management, vendor management, order management, accounting, and others. Currently, the company has no operational activity.