Amfil Technologies (Amfil Technologies) Debt-to-Equity : -0.49 (As of Jun. 2023)

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What is Amfil Technologies Debt-to-Equity?

Amfil Technologies's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $1.69 Mil. Amfil Technologies's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $0.49 Mil. Amfil Technologies's Total Stockholders Equity for the quarter that ended in Jun. 2023 was $-4.50 Mil. Amfil Technologies's debt to equity for the quarter that ended in Jun. 2023 was -0.49.

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

FUNN' s Debt-to-Equity Range Over the Past 10 Years
Min: -2.29 Med: -0.62 Max: -0.49
Current: -0.49

During the past 13 years, the highest Debt-to-Equity Ratio of Amfil Technologies was -0.49. The lowest was -2.29. And the median was -0.62.

FUNN's Debt-to-Equity is not ranked
in the Conglomerates industry.
Industry Median: 0.56 vs FUNN: -0.49

Amfil Technologies Debt-to-Equity Historical Data

The historical data trend for Amfil Technologies'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.

Amfil Technologies Debt-to-Equity Chart

Amfil Technologies Annual Data

Trend

Jun03

Jun04

Jun13

Jun14

Jun15

Jun16

Jun17

Jun18

Jun22

Jun23

Debt-to-Equity

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-0.49

-2.29

-1.12

-0.62

-0.49

Amfil Technologies Semi-Annual Data
	Jun99	Jun00	Jun01	Jun02	Jun03	Jun04	Jun13	Jun14	Jun15	Jun16	Jun17	Jun18	Jun22	Jun23
Debt-to-Equity	Get a 7-Day Free Trial									-0.49	-2.29	-1.12	-0.62	-0.49

Competitive Comparison of Amfil Technologies's Debt-to-Equity

For the Conglomerates subindustry, Amfil Technologies'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.

Amfil Technologies's Debt-to-Equity Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Amfil Technologies's Debt-to-Equity distribution charts can be found below:

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

Amfil Technologies Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Amfil Technologies's Debt to Equity Ratio for the fiscal year that ended in Jun. 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
	=	(1.693	+	0.49)	/	-4.496
	=	-0.49

Amfil Technologies's Debt to Equity Ratio for the quarter that ended in Jun. 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
	=	(1.693	+	0.49)	/	-4.496
	=	-0.49

Amfil Technologies (OTCPK:FUNN) 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.

Amfil Technologies Debt-to-Equity Related Terms

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Amfil Technologies (Amfil Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Amfil Technologies Inc (OTCPK:FUNN) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

600 Bloor St W, Toronto, ON, CAN, M6G 1K4

Website

https://www.amfiltech.com

Amfil Technologies Inc is engaged in the acquisition of mid-sized companies and optimizing their operations. The company through its subsidiaries is engaged in the operation of board game-themed bars and cafes in Canada and the United States; it provides hardscape, landscape & home improvement construction services such as Driveways, Fencing, Painting, Winter Services, Demolition, & other services; and it is also engaged in providing of triple function sanitization unit capable of eliminating 99.9% of water and airborne pathogens and the typically problematic pests that wreak havoc for cultivators like aphids, whiteflies, and spider mites, as well as bacteria, fungus, microbes and mold on surfaces, all without chemicals.

Executives

Roger Francis Mortimer

director, 10 percent owner, officer: President

220 HIGHWAY 7, LOCUST HILL A6 L0H1J0