Clone Algo Technologies (Clone Algo Technologies) Debt-to-Equity : 0.00 (As of Apr. 2015)

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What is Clone Algo Technologies Debt-to-Equity?

Clone Algo Technologies's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Apr. 2015 was $0.00 Mil. Clone Algo Technologies's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Apr. 2015 was $0.00 Mil. Clone Algo Technologies's Total Stockholders Equity for the quarter that ended in Apr. 2015 was $1.80 Mil. Clone Algo Technologies's debt to equity for the quarter that ended in Apr. 2015 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 Clone Algo Technologies's Debt-to-Equity or its related term are showing as below:

CATI's Debt-to-Equity is not ranked ^*
in the Diversified Financial Services industry.
Industry Median: 0.12
* Ranked among companies with meaningful Debt-to-Equity only.

Clone Algo Technologies Debt-to-Equity Historical Data

The historical data trend for Clone Algo 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.

* Premium members only.

Clone Algo Technologies Debt-to-Equity Chart

Clone Algo Technologies Annual Data

Trend

Jul13

Debt-to-Equity

0.05

Clone Algo Technologies Quarterly Data
	Oct13	Jan14	Apr14	Jul14	Oct14	Jan15	Apr15
Debt-to-Equity	Get a 7-Day Free Trial			0.16	0.25	-	-	-

Competitive Comparison of Clone Algo Technologies's Debt-to-Equity

For the Shell Companies subindustry, Clone Algo 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.

Clone Algo Technologies's Debt-to-Equity Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Clone Algo Technologies's Debt-to-Equity distribution charts can be found below:

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

Clone Algo Technologies Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Clone Algo Technologies's Debt to Equity Ratio for the fiscal year that ended in Jul. 2013 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
	=	(0.004	+	0)	/	0.082
	=	0.05

Clone Algo Technologies's Debt to Equity Ratio for the quarter that ended in Apr. 2015 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)	/	1.795
	=	0.00

Clone Algo Technologies (OTCPK:CATI) 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.

Clone Algo Technologies Debt-to-Equity Related Terms

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Clone Algo Technologies (Clone Algo Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Clone Algo Technologies Inc (OTCPK:CATI) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

10300 West Charleston Boulevard, Suite 13-438, Las Vegas, NV, USA, 89135

Website

https://www.clonealgo.us

Clone Algo Technologies Inc is a shell company.

Clone Algo Technologies (Clone Algo Technologies) Headlines

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