Evolv Technologies Holdings (Evolv Technologies Holdings) Debt-to-Equity : 0.02 (As of Mar. 2024)

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What is Evolv Technologies Holdings Debt-to-Equity?

Evolv Technologies Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $1.71 Mil. Evolv Technologies Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.98 Mil. Evolv Technologies Holdings's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $141.59 Mil. Evolv Technologies Holdings's debt to equity for the quarter that ended in Mar. 2024 was 0.02.

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 Evolv Technologies Holdings's Debt-to-Equity or its related term are showing as below:

EVLVW' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.41 Med: 0.02 Max: 0.14
Current: 0.02

During the past 5 years, the highest Debt-to-Equity Ratio of Evolv Technologies Holdings was 0.14. The lowest was -0.41. And the median was 0.02.

EVLVW's Debt-to-Equity is ranked better than
95.85% of 916 companies
in the Business Services industry
Industry Median: 0.385 vs EVLVW: 0.02

Evolv Technologies Holdings Debt-to-Equity Historical Data

The historical data trend for Evolv Technologies Holdings'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.

Evolv Technologies Holdings Debt-to-Equity Chart

Evolv Technologies Holdings Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

-0.06

-0.20

0.03

0.14

0.01

Evolv Technologies Holdings Quarterly Data
	Dec19	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												0.01	0.01	0.01	0.01	0.02

Competitive Comparison of Evolv Technologies Holdings's Debt-to-Equity

For the Security & Protection Services subindustry, Evolv Technologies Holdings'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.

Evolv Technologies Holdings's Debt-to-Equity Distribution in the Business Services Industry

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

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

Evolv Technologies Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Evolv Technologies Holdings'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
	=	(1.391	+	0)	/	146.323
	=	0.01

Evolv Technologies Holdings'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
	=	(1.713	+	0.98)	/	141.589
	=	0.02

Evolv Technologies Holdings (NAS:EVLVW) 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.

Evolv Technologies Holdings Debt-to-Equity Related Terms

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Evolv Technologies Holdings (Evolv Technologies Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Evolv Technologies Holdings Inc (NAS:EVLVW) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

EVLV:USA

Address

500 Totten Pond Road, 4th Floor, Waltham, MA, USA, 02451

Website

https://www.evolvtechnology.com

Evolv Technologies Holdings Inc offers an AI-based touchless security screening. Its touchless security screening systems use artificial intelligence software, cloud services, and advanced sensors to reliably detect dangerous weapons while ignoring harmless items like cell phones, laptops, and keys. The firm operates in a single segment that develops, manufactures, markets, and sells security screening products and specific services. Its products are used in different industries such as casinos, industrial workplaces, schools, and ticketed venues.