DWDZF (Jeotex) Debt-to-Equity: -0.34 (As of Dec. 2018)

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What is Jeotex Debt-to-Equity?

Jeotex DWDZF -99.00% Debt-to-Equity is -0.34 as of Dec. 2018.

Jeotex's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2018 was $9.67 Mil. Jeotex's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2018 was $0.00 Mil. Jeotex's Total Stockholders Equity for the quarter that ended in Dec. 2018 was $-28.66 Mil. Jeotex's debt to equity for the quarter that ended in Dec. 2018 was -0.34.

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

DWDZF's Debt-to-Equity is not ranked *
in the Hardware industry.
Industry Median: 0.27
* Ranked among companies with meaningful Debt-to-Equity only.

Jeotex  (OTCPK:DWDZF) 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.

Jeotex Debt-to-Equity Related Terms

Jeotex Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Jeotex'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.

Jeotex Debt-to-Equity Chart

Jeotex Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17 Mar18
Debt-to-Equity
Get a 7-Day Free Trial -0.05 0.51 1.36 -0.63 -0.38

Jeotex Quarterly Data
Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18
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 -0.42 -0.38 -0.35 -0.34 -0.34

DWDZF vs CRTG, SFIV, ITOX: Debt-to-Equity Comparison

For the Computer Hardware subindustry, Jeotex'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.

Jeotex Debt-to-Equity vs Hardware Industry

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

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


Jeotex Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Jeotex's Debt to Equity Ratio for the fiscal year that ended in Mar. 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
=(10.029 + 0) / -26.481
=-0.38

Jeotex's Debt to Equity Ratio for the quarter that ended in Dec. 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
=(9.67 + 0) / -28.662
=-0.34

* 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 -0.34 mean?
Jeotex (DWDZF) has a Debt-to-Equity of -0.34 as of Dec. 2018. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Jeotex and its competitors.
Is Jeotex's Debt-to-Equity too high?
Jeotex's current Debt-to-Equity is -0.34.
How does Jeotex's Debt-to-Equity compare to CRTG and SFIV?
Jeotex's Debt-to-Equity of -0.34 can be compared against companies in the Hardware industry. The industry median Debt-to-Equity is 0.27. 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 Hardware company?
The median Debt-to-Equity among Hardware companies is 0.27, based on 2,217 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 Jeotex and its competitors. For the Hardware industry, the median Debt-to-Equity is 0.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jeotex's current Debt-to-Equity is -0.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jeotex stock overvalued right now?
Jeotex (DWDZF) has a current Debt-to-Equity of -0.34. The current Debt-to-Equity is -0.34. 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 Jeotex (DWDZF), the current Debt-to-Equity is -0.34 as of Dec. 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.

Jeotex Business Description

Address 1450 Meyerside Drive, Suite 200, Mississauga, ON, CAN, L5T 2N5
Jeotex Inc, formerly DataWind Inc is an Internet connectivity and wireless web access products, provider. The company offers a range of Ubislate Tablets and PocketSurfer Smartphones which include Ubislate 3G10Z, Ubislate i3G7, Ubislate 9W, Ubislate 7DCX+ and Ubislate 7SC as well as Pocket Surfer GZ, Pocket Surfer 2G4X, Pocket Surfer 3G4X, Pocket Surfer 3G4Z and Pocket Surfer 3G5. It has operations worldwide and generates revenue mainly by selling devices and by providing connection and data service.