COMSovereign Holding (COMSovereign Holding) Debt-to-Equity : -1.38 (As of Sep. 2023)

View and export this data going back to 2021. Start your Free Trial

What is COMSovereign Holding Debt-to-Equity?

COMSovereign Holding's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $14.39 Mil. COMSovereign Holding's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $9.64 Mil. COMSovereign Holding's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $-17.46 Mil. COMSovereign Holding's debt to equity for the quarter that ended in Sep. 2023 was -1.38.

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 COMSovereign Holding's Debt-to-Equity or its related term are showing as below:

COMSW' s Debt-to-Equity Range Over the Past 10 Years
Min: -8.66 Med: 0.12 Max: 10.37
Current: -1.38

During the past 13 years, the highest Debt-to-Equity Ratio of COMSovereign Holding was 10.37. The lowest was -8.66. And the median was 0.12.

COMSW's Debt-to-Equity is not ranked
in the Telecommunication Services industry.
Industry Median: 0.65 vs COMSW: -1.38

COMSovereign Holding Debt-to-Equity Historical Data

The historical data trend for COMSovereign Holding'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.

COMSovereign Holding Debt-to-Equity Chart

COMSovereign Holding Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

Get a 7-Day Free Trial

1.87

0.11

0.25

0.60

-1.64

COMSovereign Holding Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial															1.95	-1.64	-1.43	-1.48	-1.38

Competitive Comparison of COMSovereign Holding's Debt-to-Equity

For the Telecom Services subindustry, COMSovereign Holding'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.

COMSovereign Holding's Debt-to-Equity Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, COMSovereign Holding's Debt-to-Equity distribution charts can be found below:

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

COMSovereign Holding Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

COMSovereign Holding's Debt to Equity Ratio for the fiscal year that ended in Dec. 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
	=	(12.957	+	11.711)	/	-15.001
	=	-1.64

COMSovereign Holding's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(14.387	+	9.638)	/	-17.461
	=	-1.38

COMSovereign Holding (OTCPK:COMSW) 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.

COMSovereign Holding Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of COMSovereign Holding's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

COMSovereign Holding (COMSovereign Holding) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » COMSovereign Holding Corp (OTCPK:COMSW) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

COMS:USA 9DA0:Germany

Address

6890 E Sunrise Drive, Suite 120-506, Tucson, AZ, USA, 85750

Website

https://www.comsovereign.com

COMSovereign Holding Corp is a provider of telecom solutions to network operators, mobile device carriers, governmental units and other enterprises world wide. The company offers Telecom and Network Products and Solutions, Wireless Transport Solutions , Edge Compute Capable 4G LTE and 5G Network in a Box and Tethered Drones and Aerostats. The company generates maximum revenue from North America.