Bingo Nation (Bingo Nation) Debt-to-Equity : -0.87 (As of Dec. 2016)

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What is Bingo Nation Debt-to-Equity?

Bingo Nation's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2016 was $0.51 Mil. Bingo Nation's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2016 was $0.00 Mil. Bingo Nation's Total Stockholders Equity for the quarter that ended in Dec. 2016 was $-0.58 Mil. Bingo Nation's debt to equity for the quarter that ended in Dec. 2016 was -0.87.

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

BLTO's Debt-to-Equity is not ranked ^*
in the Travel & Leisure industry.
Industry Median: 0.46
* Ranked among companies with meaningful Debt-to-Equity only.

Bingo Nation Debt-to-Equity Historical Data

The historical data trend for Bingo Nation'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.

Bingo Nation Debt-to-Equity Chart

Bingo Nation Annual Data

Trend

Mar09

Mar10

Mar11

Mar12

Mar13

Mar14

Mar15

Mar16

Debt-to-Equity

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-1.38

-1.46

-1.23

Bingo Nation Quarterly Data
	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16
Debt-to-Equity	Get a 7-Day Free Trial															-2.57	-1.23	-1.18	-1.14	-0.87

Competitive Comparison of Bingo Nation's Debt-to-Equity

For the Gambling subindustry, Bingo Nation'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.

Bingo Nation's Debt-to-Equity Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Bingo Nation's Debt-to-Equity distribution charts can be found below:

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

Bingo Nation Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Bingo Nation's Debt to Equity Ratio for the fiscal year that ended in Mar. 2016 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
	=	(0.437	+	0)	/	-0.354
	=	-1.23

Bingo Nation's Debt to Equity Ratio for the quarter that ended in Dec. 2016 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
	=	(0.506	+	0)	/	-0.581
	=	-0.87

Bingo Nation (GREY:BLTO) 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.

Bingo Nation Debt-to-Equity Related Terms

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Bingo Nation (Bingo Nation) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Bingo Nation Inc (GREY:BLTO) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

6440 Sky Pointe Drive, Suite 140/149, Las Vegas, NV, USA, 89131

Website

http://www.bingonation.tv

Bingo Nation Inc is a United States based entity specialized in tribal gaming, freemium marketing, lottery and interactive technology-based products. The company's portfolio includes proxy-player tribal gaming management, interactive advertising, and game sales via self-serve kiosks, smartphones, and tracking via secure cloud-based customer accounting systems.

Bingo Nation (Bingo Nation) Headlines

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