CGLO (Coro Global) Debt-to-Equity: 0.00 (As of Jun. 2021)

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CGLO Coro Global Inc CGLO
12 GF Score
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What is Coro Global Debt-to-Equity?

Coro Global CGLO 12 Debt-to-Equity is 0.00 as of Jun. 2021. GuruFocus rates CGLO with a GF Score™ of 12/100.

Coro Global's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2021 was $0.00 Mil. Coro Global's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2021 was $0.00 Mil. Coro Global's Total Stockholders Equity for the quarter that ended in Jun. 2021 was $0.24 Mil. Coro Global's debt to equity for the quarter that ended in Jun. 2021 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 Coro Global's Debt-to-Equity or its related term are showing as below:

CGLO's Debt-to-Equity is not ranked *
in the Software industry.
Industry Median: 0.19
* Ranked among companies with meaningful Debt-to-Equity only.

Coro Global  (OTCPK:CGLO) 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.

Coro Global Debt-to-Equity Related Terms

Coro Global Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Coro Global'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.

Coro Global Debt-to-Equity Chart

Coro Global Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.82 -0.68 -0.39 1.18 0.00

Coro Global Quarterly Data
Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21
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 0.05 0.00 0.00 0.00 0.00

CGLO vs MSFT, ORCL, ADBE: Debt-to-Equity Comparison

For the Software - Infrastructure subindustry, Coro Global'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.

Coro Global Debt-to-Equity vs Software Industry

For the Software industry and Technology sector, Coro Global's Debt-to-Equity distribution charts can be found below:

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


CGLO
12GF Score
Coro Global Inc CGLO
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Coro Global Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Coro Global's Debt to Equity Ratio for the fiscal year that ended in Dec. 2020 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) / 0.302
=0.00

Coro Global's Debt to Equity Ratio for the quarter that ended in Jun. 2021 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) / 0.238
=0.00

* 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 0.00 mean?
Coro Global (CGLO) has a Debt-to-Equity of 0.00 as of Jun. 2021. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Coro Global and its competitors.
Is Coro Global's Debt-to-Equity too high?
Coro Global's current Debt-to-Equity is 0.00. Overall, Coro Global has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Coro Global's Debt-to-Equity compare to MSFT and ORCL?
Coro Global's Debt-to-Equity of 0.00 can be compared against companies in the Software industry. The industry median Debt-to-Equity is 0.19. 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 Software company?
The median Debt-to-Equity among Software companies is 0.19, based on 2,248 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 Coro Global and its competitors. For the Software industry, the median Debt-to-Equity is 0.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Coro Global's current Debt-to-Equity is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Coro Global stock overvalued right now?
Coro Global (CGLO) has a current Debt-to-Equity of 0.00. The current Debt-to-Equity is 0.00. Coro Global's overall GF Score™ is 12/100. 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 Coro Global (CGLO), the current Debt-to-Equity is 0.00 as of Jun. 2021. 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.

Coro Global Business Description

Address 78 SW 7th Street, Suite 500, Miami, FL, USA, 33130
Coro Global Inc is a fintech company that is creating a new financial payment system where gold can be used as money in everyday transactions as easily as fiat currencies. Coro's platform is powered by Distributed Ledger Technology, allowing customers to send and receive global payments and exchange currency, including gold, seamlessly and securely.
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Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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