DRNG (Drone Guarder) Debt-to-Equity: -0.54 (As of Oct. 2018)

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What is Drone Guarder Debt-to-Equity?

Drone Guarder DRNG -99.00% Debt-to-Equity is -0.54 as of Oct. 2018.

Drone Guarder's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2018 was $0.89 Mil. Drone Guarder's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2018 was $0.00 Mil. Drone Guarder's Total Stockholders Equity for the quarter that ended in Oct. 2018 was $-1.66 Mil. Drone Guarder's debt to equity for the quarter that ended in Oct. 2018 was -0.54.

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

DRNG's Debt-to-Equity is not ranked *
in the Business Services industry.
Industry Median: 0.33
* Ranked among companies with meaningful Debt-to-Equity only.

Drone Guarder  (OTCPK:DRNG) 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.

Drone Guarder Debt-to-Equity Related Terms

Drone Guarder Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Drone Guarder'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.

Drone Guarder Debt-to-Equity Chart

Drone Guarder Annual Data
Trend Jan13 Jan14 Jan15 Jan16 Jan17 Jan18
Debt-to-Equity
Get a 7-Day Free Trial 1.75 -0.48 -0.69 -0.61 -0.43

Drone Guarder Quarterly Data
Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18
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 -1.29 -0.43 -0.38 -0.60 -0.54

DRNG vs BLPG, VII, HCGS: Debt-to-Equity Comparison

For the Security & Protection Services subindustry, Drone Guarder'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.

Drone Guarder Debt-to-Equity vs Business Services Industry

For the Business Services industry and Industrials sector, Drone Guarder's Debt-to-Equity distribution charts can be found below:

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


Drone Guarder Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Drone Guarder's Debt to Equity Ratio for the fiscal year that ended in Jan. 2018 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
=(0.305 + 0) / -0.708
=-0.43

Drone Guarder's Debt to Equity Ratio for the quarter that ended in Oct. 2018 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
=(0.894 + 0) / -1.659
=-0.54

* 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 -0.54 mean?
Drone Guarder (DRNG) has a Debt-to-Equity of -0.54 as of Oct. 2018. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Drone Guarder and its competitors.
Is Drone Guarder's Debt-to-Equity too high?
Drone Guarder's current Debt-to-Equity is -0.54.
How does Drone Guarder's Debt-to-Equity compare to BLPG and VII?
Drone Guarder's Debt-to-Equity of -0.54 can be compared against companies in the Business Services industry. The industry median Debt-to-Equity is 0.33. 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 Business Services company?
The median Debt-to-Equity among Business Services companies is 0.33, based on 955 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 Drone Guarder and its competitors. For the Business Services industry, the median Debt-to-Equity is 0.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Drone Guarder's current Debt-to-Equity is -0.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Drone Guarder stock overvalued right now?
Drone Guarder (DRNG) has a current Debt-to-Equity of -0.54. The current Debt-to-Equity is -0.54. 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 Drone Guarder (DRNG), the current Debt-to-Equity is -0.54 as of Oct. 2018. 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.

Drone Guarder Business Description

Address 370 Amapola Avenue, Suite 200A, Torrance, CA, USA, 90501
Drone Guarder Inc is a security and surveillance products provider. The company focused on commercializing a drone enhanced home security system as a turnkey solution. The solution is app-based and includes a drone, infrared camera, and Android mobile app component: once an alarm has been triggered, the Drone Guarder will immediately take off from a wireless charging pad. The camera within the drone will record a video for a few seconds, process it and then send an alert if a threat is found. The targeted markets include the USA, Canada, Europe, South Africa and the Asia-Pacific region.