Infinity Stone Ventures (Infinity Stone Ventures) Debt-to-Equity : -1.72 (As of May. 2023)

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What is Infinity Stone Ventures Debt-to-Equity?

Infinity Stone Ventures's Short-Term Debt & Capital Lease Obligation for the quarter that ended in May. 2023 was $4.75 Mil. Infinity Stone Ventures's Long-Term Debt & Capital Lease Obligation for the quarter that ended in May. 2023 was $0.00 Mil. Infinity Stone Ventures's Total Stockholders Equity for the quarter that ended in May. 2023 was $-2.76 Mil. Infinity Stone Ventures's debt to equity for the quarter that ended in May. 2023 was -1.72.

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 Infinity Stone Ventures's Debt-to-Equity or its related term are showing as below:

GEMSF' s Debt-to-Equity Range Over the Past 10 Years
Min: -1.72 Med: -0.76 Max: -0.51
Current: -1.72

During the past 2 years, the highest Debt-to-Equity Ratio of Infinity Stone Ventures was -0.51. The lowest was -1.72. And the median was -0.76.

GEMSF's Debt-to-Equity is not ranked
in the Software industry.
Industry Median: 0.21 vs GEMSF: -1.72

Infinity Stone Ventures Debt-to-Equity Historical Data

The historical data trend for Infinity Stone Ventures'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.

Infinity Stone Ventures Debt-to-Equity Chart

Infinity Stone Ventures Annual Data

Trend

Aug21

Aug22

Debt-to-Equity

-0.51

-0.80

Infinity Stone Ventures Quarterly Data
	May20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23
Debt-to-Equity	Get a 7-Day Free Trial							-0.71	-0.80	-0.97	-1.69	-1.72

Competitive Comparison of Infinity Stone Ventures's Debt-to-Equity

For the Software - Application subindustry, Infinity Stone Ventures'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.

Infinity Stone Ventures's Debt-to-Equity Distribution in the Software Industry

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

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

Infinity Stone Ventures Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Infinity Stone Ventures's Debt to Equity Ratio for the fiscal year that ended in Aug. 2022 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
	=	(4.81	+	0)	/	-6.036
	=	-0.80

Infinity Stone Ventures's Debt to Equity Ratio for the quarter that ended in May. 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
	=	(4.752	+	0)	/	-2.756
	=	-1.72

Infinity Stone Ventures (OTCPK:GEMSF) 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.

Infinity Stone Ventures Debt-to-Equity Related Terms

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Infinity Stone Ventures (Infinity Stone Ventures) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Infinity Stone Ventures Corp (OTCPK:GEMSF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

B2IA:Germany GEMS:Canada

Address

750 - 1095 West Pender Street, Vancouver, BC, CAN, V6E 2M6

Website

https://www.infinitystone.ventures

Infinity Stone Ventures Corp is engaged in the development of battery metals projects to fuel the green revolution, alongside a diversified portfolio of SaaS solutions, thereby delivering solutions across industries to its customers. The company's primary business units include Health Check and the energy metals portfolio. Geographically, it operates in Canada and USA. The Company is engaged in the development, marketing, and commercialization of contact tracing solutions. It is a technology company developing and delivering SaaS solutions for the public and private sectors. It integrates data collection and management (Smart Health RM), communications (Smart Connect), advertising (Engagency), and IoT devices (Smart Check).