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XR Immersive Tech (FRA:79W) Debt-to-Equity : -0.66 (As of Dec. 2023)


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What is XR Immersive Tech Debt-to-Equity?

XR Immersive Tech's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €0.00 Mil. XR Immersive Tech's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €2.66 Mil. XR Immersive Tech's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €-4.06 Mil. XR Immersive Tech's debt to equity for the quarter that ended in Dec. 2023 was -0.66.

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 XR Immersive Tech's Debt-to-Equity or its related term are showing as below:

FRA:79W' s Debt-to-Equity Range Over the Past 10 Years
Min: -3.73   Med: -0.89   Max: -0.05
Current: -0.66

During the past 4 years, the highest Debt-to-Equity Ratio of XR Immersive Tech was -0.05. The lowest was -3.73. And the median was -0.89.

FRA:79W's Debt-to-Equity is not ranked
in the Hardware industry.
Industry Median: 0.29 vs FRA:79W: -0.66

XR Immersive Tech Debt-to-Equity Historical Data

The historical data trend for XR Immersive Tech'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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XR Immersive Tech Debt-to-Equity Chart

XR Immersive Tech Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
-0.05 -3.72 -1.13 -0.66

XR Immersive Tech Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -1.13 -0.97 -0.90 -0.81 -0.66

Competitive Comparison of XR Immersive Tech's Debt-to-Equity

For the Computer Hardware subindustry, XR Immersive Tech'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.


XR Immersive Tech's Debt-to-Equity Distribution in the Hardware Industry

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

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



XR Immersive Tech Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

XR Immersive Tech's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

XR Immersive Tech's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

* 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.


XR Immersive Tech  (FRA:79W) 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.


XR Immersive Tech Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of XR Immersive Tech's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


XR Immersive Tech (FRA:79W) Business Description

Traded in Other Exchanges
Address
750 West Pender Street, Suite 401, Vancouver, BC, CAN, V6C 2T7
XR Immersive Tech Inc is a Virtual Reality and Augmented Reality entertainment and attractions manufacturer blending amusement park engineering and video game development to create custom experiences through its flagship hyper-immersive multiplayer VR attraction Uncontained.

XR Immersive Tech (FRA:79W) Headlines

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