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AtlasClear Holdings (AtlasClear Holdings) Debt-to-Equity : 0.08 (As of Jun. 2023)


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What is AtlasClear Holdings Debt-to-Equity?

AtlasClear Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $0.12 Mil. AtlasClear Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $0.69 Mil. AtlasClear Holdings's Total Stockholders Equity for the quarter that ended in Jun. 2023 was $9.94 Mil. AtlasClear Holdings's debt to equity for the quarter that ended in Jun. 2023 was 0.08.

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

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

AtlasClear Holdings Debt-to-Equity Historical Data

The historical data trend for AtlasClear Holdings'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.

AtlasClear Holdings Debt-to-Equity Chart

AtlasClear Holdings Annual Data
Trend Jun22
Debt-to-Equity
0.10

AtlasClear Holdings Semi-Annual Data
Jun22 Jun23
Debt-to-Equity 0.10 0.08

Competitive Comparison of AtlasClear Holdings's Debt-to-Equity

For the Software - Infrastructure subindustry, AtlasClear Holdings'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.

AtlasClear Holdings's Debt-to-Equity Distribution in the Software Industry

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

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


AtlasClear Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

AtlasClear Holdings's Debt to Equity Ratio for the fiscal year that ended in Jun. 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
=(0.151 + 0.793) / 9.846
=0.10

AtlasClear Holdings's Debt to Equity Ratio for the quarter that ended in Jun. 2023 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
=(0.116 + 0.69) / 9.936
=0.08

* 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.

AtlasClear Holdings  (AMEX:ATCH) 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.

AtlasClear Holdings Debt-to-Equity Related Terms

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

AtlasClear Holdings (AtlasClear Holdings) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » AtlasClear Holdings Inc (AMEX:ATCH) » Definitions » Debt-to-Equity
Comparable Companies
Traded in Other Exchanges
N/A
Address
4221 W. Boy Scout Boulevard, Suite 300, Tampa, FL, USA, 33607
Website
https://www.atlasclear.com
AtlasClear Holdings Inc is a fintech company. Its goal is to build a cutting-edge technology-enabled financial services firm that would create a more efficient platform for trading, clearing, settlement and banking of evolving and innovative financial products with a focus on financial services firms, generally with annual revenues up to $1 billion, including small and mid-sized banks, brokerage firms, hedge funds, pension plans, and family offices that are not adequately served by today's larger correspondent clearing firms and banks.

AtlasClear Holdings (AtlasClear Holdings) Headlines

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