Cuentas (Cuentas) Debt-to-Equity : -0.74 (As of Mar. 2024)

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What is Cuentas Debt-to-Equity?

Cuentas's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.19 Mil. Cuentas's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.10 Mil. Cuentas's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $-0.40 Mil. Cuentas's debt to equity for the quarter that ended in Mar. 2024 was -0.74.

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

CUENW' s Debt-to-Equity Range Over the Past 10 Years
Min: -1.81 Med: -0.04 Max: 0.87
Current: -0.74

During the past 13 years, the highest Debt-to-Equity Ratio of Cuentas was 0.87. The lowest was -1.81. And the median was -0.04.

CUENW's Debt-to-Equity is not ranked
in the Software industry.
Industry Median: 0.21 vs CUENW: -0.74

Cuentas Debt-to-Equity Historical Data

The historical data trend for Cuentas'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.

Cuentas Debt-to-Equity Chart

Cuentas Annual Data

Trend

Sep14

Sep15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.06

0.87

0.01

-0.27

-1.81

Cuentas Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															0.07	0.14	0.10	-1.81	-0.74

Competitive Comparison of Cuentas's Debt-to-Equity

For the Software - Application subindustry, Cuentas'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.

Cuentas's Debt-to-Equity Distribution in the Software Industry

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

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

Cuentas Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Cuentas's Debt to Equity Ratio for the fiscal year that ended in Dec. 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
	=	(0.026	+	0.101)	/	-0.07
	=	-1.81

Cuentas's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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
	=	(0.189	+	0.102)	/	-0.395
	=	-0.74

Cuentas (OTCPK:CUENW) 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.

Cuentas Debt-to-Equity Related Terms

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

Cuentas (Cuentas) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Cuentas Inc (OTCPK:CUENW) » Definitions » Debt-to-Equity

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CUEN:USA

Address

235 Lincoln Road, Suite 210, Miami Beach, FL, USA, 33139

Website

https://www.cuentas.com

Cuentas Inc is a FinTech e-banking and e-commerce service provider with proprietary technology aimed at providing solutions for the underbanked and un-banked Hispanic and Latino population. The company operates in two segments: Telecommunications and General Purpose Reloadable Cards. Its services include mobile banking, online banking, prepaid debit, ACH and mobile deposits, cash remittance, peer-to-peer money transferring, and providing access to bank accounts for customers who previously could not obtain bank accounts. The proprietary Cuentas General Purpose Reloadable (GPR) Card provides holders with a digital wallet, discounts for purchases at major physical and online retailers, rewards, and the ability to purchase digital content.