ELCO (Elcom International) Debt-to-Equity: -1.04 (As of Jun. 2008)

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What is Elcom International Debt-to-Equity?

Elcom International ELCO Debt-to-Equity is -1.04 as of Jun. 2008.

Elcom International's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2008 was $1.95 Mil. Elcom International's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2008 was $0.01 Mil. Elcom International's Total Stockholders Equity for the quarter that ended in Jun. 2008 was $-1.88 Mil. Elcom International's debt to equity for the quarter that ended in Jun. 2008 was -1.04.

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

ELCO's Debt-to-Equity is not ranked *
in the Software industry.
Industry Median: 0.2
* Ranked among companies with meaningful Debt-to-Equity only.

Elcom International  (OTCPK:ELCO) 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.

Elcom International Debt-to-Equity Related Terms

Elcom International Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Elcom International'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.

Elcom International Debt-to-Equity Chart

Elcom International Annual Data
Trend Dec98 Dec99 Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.50 -0.15 1.08 -0.21 -0.92

Elcom International Quarterly Data
Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08
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 -0.40 -0.19 -0.92 -0.80 -1.04

ELCO vs BVSN, CLCI, DUOT: Debt-to-Equity Comparison

For the Software - Application subindustry, Elcom International'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.

Elcom International Debt-to-Equity vs Software Industry

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

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


Elcom International Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Elcom International's Debt to Equity Ratio for the fiscal year that ended in Dec. 2007 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
=(1.049 + 0.048) / -1.19
=-0.92

Elcom International's Debt to Equity Ratio for the quarter that ended in Jun. 2008 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
=(1.945 + 0.01) / -1.88
=-1.04

* 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 -1.04 mean?
Elcom International (ELCO) has a Debt-to-Equity of -1.04 as of Jun. 2008. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Elcom International and its competitors.
Is Elcom International's Debt-to-Equity too high?
Elcom International's current Debt-to-Equity is -1.04.
How does Elcom International's Debt-to-Equity compare to BVSN and CLCI?
Elcom International's Debt-to-Equity of -1.04 can be compared against companies in the Software industry. The industry median Debt-to-Equity is 0.20. 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 Software company?
The median Debt-to-Equity among Software companies is 0.20, based on 2,246 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 Elcom International and its competitors. For the Software industry, the median Debt-to-Equity is 0.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Elcom International's current Debt-to-Equity is -1.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Elcom International stock overvalued right now?
Elcom International (ELCO) has a current Debt-to-Equity of -1.04. The current Debt-to-Equity is -1.04. 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 Elcom International (ELCO), the current Debt-to-Equity is -1.04 as of Jun. 2008. 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.

Elcom International Business Description

Address 300 Granite Street, Suite 412, Braintree, MA, USA, 02184
Elcom International Inc develops and licenses proprietary software systems that enable users to buy and sell merchandise through computer networks. The company's Personal Electronic Commerce Online System is software that enables clients to automate procurement functions, such as pricing, invoicing, and payment. In addition, users can create electronic marketplaces to conduct online transactions with both suppliers and distributors. PECOS is offered as both licensed software and as a hosted application.