CCTL (Coin Citadel) Debt-to-Equity: 60.00 (As of Jun. 2023)

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What is Coin Citadel Debt-to-Equity?

Coin Citadel CCTL -99.00% Debt-to-Equity is 60.00 as of Jun. 2023.

Coin Citadel's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $0.00 Mil. Coin Citadel's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $0.06 Mil. Coin Citadel's Total Stockholders Equity for the quarter that ended in Jun. 2023 was $0.00 Mil. Coin Citadel's debt to equity for the quarter that ended in Jun. 2023 was 60.00.

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 Coin Citadel's Debt-to-Equity or its related term are showing as below:

CCTL's Debt-to-Equity is not ranked *
in the Capital Markets industry.
Industry Median: 0.31
* Ranked among companies with meaningful Debt-to-Equity only.

Coin Citadel  (OTCPK:CCTL) 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.

Coin Citadel Debt-to-Equity Related Terms

Coin Citadel Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Coin Citadel'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.

Coin Citadel Debt-to-Equity Chart

Coin Citadel Annual Data
Trend
Debt-to-Equity

Coin Citadel Semi-Annual Data
Jun23
Debt-to-Equity 60.00

CCTL vs BEGI, MNTR, INTV: Debt-to-Equity Comparison

For the Capital Markets subindustry, Coin Citadel'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.

Coin Citadel Debt-to-Equity vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Coin Citadel's Debt-to-Equity distribution charts can be found below:

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


Coin Citadel Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Coin Citadel's Debt to Equity Ratio for the fiscal year that ended in . 20 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
=( + ) / N/A
=N/A

Coin Citadel'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 + 0.06) / 0.001
=60.00

* 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 60.00 mean?
Coin Citadel (CCTL) has a Debt-to-Equity of 60.00 as of Jun. 2023. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Coin Citadel and its competitors.
Is Coin Citadel's Debt-to-Equity too high?
Coin Citadel's current Debt-to-Equity is 60.00. The Capital Markets industry median Debt-to-Equity is 0.31. Coin Citadel's value of 60.00 is 19254.8% above this industry median.
How does Coin Citadel's Debt-to-Equity compare to BEGI and MNTR?
Coin Citadel's Debt-to-Equity of 60.00 can be compared against companies in the Capital Markets industry. The industry median Debt-to-Equity is 0.31. Coin Citadel's value of 60.00 is 19254.8% above this benchmark. 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 Capital Markets company?
The median Debt-to-Equity among Capital Markets companies is 0.31, based on 611 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. Coin Citadel's current Debt-to-Equity of 60.00 is 19254.8% above the industry median. 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 Coin Citadel and its competitors. For the Capital Markets industry, the median Debt-to-Equity is 0.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Coin Citadel's current Debt-to-Equity is 60.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Coin Citadel stock overvalued right now?
Coin Citadel (CCTL) has a current Debt-to-Equity of 60.00. The current Debt-to-Equity is 60.00 and 19254.8% above the Capital Markets industry median of 0.31. 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 Coin Citadel (CCTL), the current Debt-to-Equity is 60.00 as of Jun. 2023. 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.

Coin Citadel Business Description

Address 401 Ryland Street, Reno, NV, USA, 89502
Coin Citadel is a Fintech company. The company is engaged in the bitcoin, blockchain, and digital currency industries. Coin Citadel mines Bitcoin Cash (BCH), Bitcoin Satoshi Vision (BSV), and other Secure Hash Algorithm (SHA) 256 based protocol cryptocurrencies. Coin Citadel also owns additional miners from other manufacturers which mine Litecoin (LTC), Zcash (ZEC), and Ethereum (ETH).