ATYG (Atlas Technology Group) Debt-to-Equity: -0.28 (As of Sep. 2024)

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What is Atlas Technology Group Debt-to-Equity?

Atlas Technology Group ATYG -99.00% Debt-to-Equity is -0.28 as of Sep. 2024.

Atlas Technology Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $0.11 Mil. Atlas Technology Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $0.00 Mil. Atlas Technology Group's Total Stockholders Equity for the quarter that ended in Sep. 2024 was $-0.40 Mil. Atlas Technology Group's debt to equity for the quarter that ended in Sep. 2024 was -0.28.

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

ATYG's Debt-to-Equity is not ranked *
in the Diversified Financial Services industry.
Industry Median: 0.18
* Ranked among companies with meaningful Debt-to-Equity only.

Atlas Technology Group  (OTCPK:ATYG) 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.

Atlas Technology Group Debt-to-Equity Related Terms

Atlas Technology Group Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Atlas Technology Group'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.

Atlas Technology Group Debt-to-Equity Chart

Atlas Technology Group Annual Data
Trend Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.22 0.00 -0.24 -0.27 -0.31

Atlas Technology Group Quarterly Data
Dec07 Mar08 Jun08 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -0.30 -0.31 -0.30 -0.29 -0.28

ATYG vs AGIN, BDCC, FBDS: Debt-to-Equity Comparison

For the Shell Companies subindustry, Atlas Technology Group'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.

Atlas Technology Group Debt-to-Equity vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Atlas Technology Group's Debt-to-Equity distribution charts can be found below:

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


Atlas Technology Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Atlas Technology Group's Debt to Equity Ratio for the fiscal year that ended in Dec. 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
=(0.105 + 0) / -0.34
=-0.31

Atlas Technology Group's Debt to Equity Ratio for the quarter that ended in Sep. 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
=(0.113 + 0) / -0.398
=-0.28

* 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of -0.28 mean?
Atlas Technology Group (ATYG) has a Debt-to-Equity of -0.28 as of Sep. 2024. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Atlas Technology Group and its competitors.
Is Atlas Technology Group's Debt-to-Equity too high?
Atlas Technology Group's current Debt-to-Equity is -0.28.
How does Atlas Technology Group's Debt-to-Equity compare to AGIN and BDCC?
Atlas Technology Group's Debt-to-Equity of -0.28 can be compared against companies in the Diversified Financial Services industry. The industry median Debt-to-Equity is 0.18. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Diversified Financial Services company?
The median Debt-to-Equity among Diversified Financial Services companies is 0.18, based on 168 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Atlas Technology Group and its competitors. For the Diversified Financial Services industry, the median Debt-to-Equity is 0.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Atlas Technology Group's current Debt-to-Equity is -0.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Atlas Technology Group stock overvalued right now?
Atlas Technology Group (ATYG) has a current Debt-to-Equity of -0.28. The current Debt-to-Equity is -0.28. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Atlas Technology Group (ATYG), the current Debt-to-Equity is -0.28 as of Sep. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Atlas Technology Group Business Description

Address PO Box 147165, Lakewood, CO, USA, 80214
Atlas Technology Group Inc is a shell company.