RocketBoots (ASX:ROC) Debt-to-Equity : 0.00 (As of Jun. 2024)

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What is RocketBoots Debt-to-Equity?

RocketBoots's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was A$0.00 Mil. RocketBoots's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was A$0.00 Mil. RocketBoots's Total Stockholders Equity for the quarter that ended in Jun. 2024 was A$-0.72 Mil. RocketBoots'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 RocketBoots's Debt-to-Equity or its related term are showing as below:

ASX:ROC's Debt-to-Equity is not ranked ^*
in the Software industry.
Industry Median: 0.22
* Ranked among companies with meaningful Debt-to-Equity only.

RocketBoots Debt-to-Equity Historical Data

The historical data trend for RocketBoots'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.

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RocketBoots Debt-to-Equity Chart

RocketBoots Annual Data

Trend

Jun21

Jun22

Jun23

Jun24

Debt-to-Equity

RocketBoots Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Debt-to-Equity	Get a 7-Day Free Trial			-	-	-	-	-

Competitive Comparison of RocketBoots's Debt-to-Equity

For the Software - Application subindustry, RocketBoots'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.

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

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

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

RocketBoots Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

RocketBoots's Debt to Equity Ratio for the fiscal year that ended in Jun. 2024 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	+	0)	/	-0.719
	=	0.00

RocketBoots's Debt to Equity Ratio for the quarter that ended in Jun. 2024 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	+	0)	/	-0.719
	=	0.00

RocketBoots (ASX:ROC) 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.

RocketBoots Debt-to-Equity Related Terms

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RocketBoots Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » RocketBoots Ltd (ASX:ROC) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

6-10 O’Connell Street, Level 1, Sydney, NSW, AUS, 2000

Website

https://www.rocketboots.com

RocketBoots Ltd operates in the information and communications technology industry specifically within the computer vision solutions market. The company's software and services include Beehive Applications, Beehive Core, and RocketBoots Core Products.