BNVIF (Binovi Technologies) Debt-to-Equity: -0.39 (As of Feb. 2022)

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BNVIF Binovi Technologies Corp BNVIF
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What is Binovi Technologies Debt-to-Equity?

Binovi Technologies BNVIF -99.80% 10 Debt-to-Equity is -0.39 as of Feb. 2022. GuruFocus rates BNVIF with a GF Score™ of 10/100.

Binovi Technologies's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2022 was $0.68 Mil. Binovi Technologies's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2022 was $0.03 Mil. Binovi Technologies's Total Stockholders Equity for the quarter that ended in Feb. 2022 was $-1.83 Mil. Binovi Technologies's debt to equity for the quarter that ended in Feb. 2022 was -0.39.

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 Binovi Technologies's Debt-to-Equity or its related term are showing as below:

BNVIF's Debt-to-Equity is not ranked *
in the Healthcare Providers & Services industry.
Industry Median: 0.41
* Ranked among companies with meaningful Debt-to-Equity only.

Binovi Technologies  (OTCPK:BNVIF) 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.

Binovi Technologies Debt-to-Equity Related Terms

Binovi Technologies Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Binovi Technologies'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.

Binovi Technologies Debt-to-Equity Chart

Binovi Technologies Annual Data
Trend Feb13 Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.08 0.01 -0.39

Binovi Technologies Quarterly Data
May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22
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 0.01 0.02 0.11 0.11 -0.39

BNVIF vs CERN, VEEV, CHNG: Debt-to-Equity Comparison

For the Health Information Services subindustry, Binovi Technologies'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.

Binovi Technologies Debt-to-Equity vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Binovi Technologies's Debt-to-Equity distribution charts can be found below:

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


BNVIF
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Binovi Technologies Corp BNVIF
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Binovi Technologies Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Binovi Technologies's Debt to Equity Ratio for the fiscal year that ended in Feb. 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
=(0.677 + 0.029) / -1.828
=-0.39

Binovi Technologies's Debt to Equity Ratio for the quarter that ended in Feb. 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
=(0.677 + 0.029) / -1.828
=-0.39

* 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 -0.39 mean?
Binovi Technologies (BNVIF) has a Debt-to-Equity of -0.39 as of Feb. 2022. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Binovi Technologies and its competitors.
Is Binovi Technologies' Debt-to-Equity too high?
Binovi Technologies' current Debt-to-Equity is -0.39. Overall, Binovi Technologies has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does Binovi Technologies' Debt-to-Equity compare to CERN and VEEV?
Binovi Technologies' Debt-to-Equity of -0.39 can be compared against companies in the Healthcare Providers & Services industry. The industry median Debt-to-Equity is 0.41. 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 Healthcare Providers & Services company?
The median Debt-to-Equity among Healthcare Providers & Services companies is 0.41, based on 557 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 Binovi Technologies and its competitors. For the Healthcare Providers & Services industry, the median Debt-to-Equity is 0.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Binovi Technologies's current Debt-to-Equity is -0.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Binovi Technologies stock overvalued right now?
Binovi Technologies (BNVIF) has a current Debt-to-Equity of -0.39. The current Debt-to-Equity is -0.39. Binovi Technologies' overall GF Score™ is 10/100. 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 Binovi Technologies (BNVIF), the current Debt-to-Equity is -0.39 as of Feb. 2022. 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.

Binovi Technologies Business Description

Address 1055 West Georgia Street, Suite 1500, Vancouver, BC, CAN, V6E 4N7
Binovi Technologies Corp is engaged in the development and commercialization of visual and neuro-cognitive processing products and manufacturing hardware and software for diagnosing and remediating visual perception disorders. The company has three geographical segments; the United States, Canada, and Other. it derives a majority of its revenue from the United States.
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