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Echo IQ (ASX:EIQ) Debt-to-Equity : 0.00 (As of Jun. 2024)


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What is Echo IQ Debt-to-Equity?

Echo IQ's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was A$0.00 Mil. Echo IQ's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was A$0.00 Mil. Echo IQ's Total Stockholders Equity for the quarter that ended in Jun. 2024 was A$6.77 Mil. Echo IQ's debt to equity for the quarter that ended in Jun. 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 Echo IQ's Debt-to-Equity or its related term are showing as below:

During the past 13 years, the highest Debt-to-Equity Ratio of Echo IQ was 0.01. The lowest was -2.16. And the median was -1.68.

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

Echo IQ Debt-to-Equity Historical Data

The historical data trend for Echo IQ'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.

Echo IQ Debt-to-Equity Chart

Echo IQ Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 - - - -

Echo IQ Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 - - - - -

Competitive Comparison of Echo IQ's Debt-to-Equity

For the Software - Application subindustry, Echo IQ'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.


Echo IQ's Debt-to-Equity Distribution in the Software Industry

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

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



Echo IQ Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Echo IQ's Debt to Equity Ratio for the fiscal year that ended in Jun. 2024 is calculated as

Echo IQ's Debt to Equity Ratio for the quarter that ended in Jun. 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.


Echo IQ  (ASX:EIQ) 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.


Echo IQ Debt-to-Equity Related Terms

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


Echo IQ Business Description

Traded in Other Exchanges
N/A
Address
477 Pitt Street, Suite 2.114, Sydney, NSW, AUS, 2000
Echo IQ Ltd is a software company operating in Australia. The business activities of the company includes product development, marketing, and commercialization of software products and services in Australia. The company has three reportable segment which are Houston We Have Software segment, Echo IQ segment and Prometheus Information segment.

Echo IQ Headlines

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