Spetz (DBKSF) Debt-to-Equity : -0.77 (As of Sep. 2024)

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What is Spetz Debt-to-Equity?

Spetz's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $1.19 Mil. Spetz's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $0.00 Mil. Spetz's Total Stockholders Equity for the quarter that ended in Sep. 2024 was $-1.55 Mil. Spetz's debt to equity for the quarter that ended in Sep. 2024 was -0.77.

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

DBKSF' s Debt-to-Equity Range Over the Past 10 Years
Min: -3.49 Med: -0.34 Max: 0.83
Current: -0.77

During the past 5 years, the highest Debt-to-Equity Ratio of Spetz was 0.83. The lowest was -3.49. And the median was -0.34.

DBKSF's Debt-to-Equity is not ranked
in the Software industry.
Industry Median: 0.2 vs DBKSF: -0.77

Spetz Debt-to-Equity Historical Data

The historical data trend for Spetz'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.

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Spetz Debt-to-Equity Chart

Spetz Annual Data

Trend

Jan19

Jan20

Jan21

Jan22

Dec23

Debt-to-Equity

-3.48

-1.18

0.01

-1.45

Spetz Quarterly Data
	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Debt-to-Equity	Get a 7-Day Free Trial															0.20	-1.45	-0.88	-0.97	-0.77

Competitive Comparison of Spetz's Debt-to-Equity

For the Software - Application subindustry, Spetz'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.

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

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

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

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Spetz Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Spetz'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
	=	(0.969	+	0.016)	/	-0.679
	=	-1.45

Spetz's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(1.187	+	0)	/	-1.546
	=	-0.77

Spetz (OTCPK:DBKSF) 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.

Spetz Debt-to-Equity Related Terms

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Spetz Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

SPTZ:Canada

Address

40 King Street West, Scotia Plaza, Suite 5800, P.O. Box 1011, Miller Thomson Llp, Toronto, ON, CAN, M5H 3S1

Website

https://www.spetz.app

Spetz Inc is a multinational technology company that operates Spetz, a global online, AI-powered marketplace platform that dynamically connects consumers to nearby top-rated service providers in around 30 seconds. Spetz is available in the USA, United Kingdom, Australia, and Israel. Connecting them immediately with the top-matched service provider for any need, anytime, anywhere.