Eqonex (HAM:616A) Debt-to-Equity: 1.88 (As of Mar. 2022)

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HAM:616A Eqonex Ltd HAM:616A
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What is Eqonex Debt-to-Equity?

Eqonex HAM:616A 14 Debt-to-Equity is 1.88 as of Mar. 2022. GuruFocus rates HAM:616A with a GF Score™ of 14/100.

Eqonex's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2022 was €0.85 Mil. Eqonex's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2022 was €6.15 Mil. Eqonex's Total Stockholders Equity for the quarter that ended in Mar. 2022 was €3.72 Mil. Eqonex's debt to equity for the quarter that ended in Mar. 2022 was 1.88.

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

HAM:616A's Debt-to-Equity is not ranked *
in the Capital Markets industry.
Industry Median: 0.32
* Ranked among companies with meaningful Debt-to-Equity only.

Eqonex  (HAM:616A) 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.

Eqonex Debt-to-Equity Related Terms

Eqonex Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Eqonex'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.

Eqonex Debt-to-Equity Chart

Eqonex Annual Data
Trend Mar19 Mar20 Mar21 Mar22
Debt-to-Equity
3.94 -3.95 0.01 1.88

Eqonex Semi-Annual Data
Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22
Debt-to-Equity Get a 7-Day Free Trial -3.95 0.06 0.01 0.12 1.88

HAM:616A vs SIEB, LGHL, HGBL: Debt-to-Equity Comparison

For the Capital Markets subindustry, Eqonex'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.

Eqonex Debt-to-Equity vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Eqonex's Debt-to-Equity distribution charts can be found below:

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


HAM:616A
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Eqonex Ltd HAM:616A
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Eqonex Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Eqonex's Debt to Equity Ratio for the fiscal year that ended in Mar. 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
=(0.847 + 6.147) / 3.721
=1.88

Eqonex's Debt to Equity Ratio for the quarter that ended in Mar. 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
=(0.847 + 6.147) / 3.721
=1.88

* 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 1.88 mean?
Eqonex (HAM:616A) has a Debt-to-Equity of 1.88 as of Mar. 2022. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Eqonex and its competitors.
Is Eqonex's Debt-to-Equity too high?
Eqonex's current Debt-to-Equity is 1.88. The Capital Markets industry median Debt-to-Equity is 0.32. Eqonex's value of 1.88 is 487.5% above this industry median. Overall, Eqonex has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does Eqonex's Debt-to-Equity compare to SIEB and LGHL?
Eqonex's Debt-to-Equity of 1.88 can be compared against companies in the Capital Markets industry. The industry median Debt-to-Equity is 0.32. Eqonex's value of 1.88 is 487.5% above this benchmark. 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 Capital Markets company?
The median Debt-to-Equity among Capital Markets companies is 0.32, based on 613 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. Eqonex's current Debt-to-Equity of 1.88 is 487.5% above the industry median. 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 Eqonex and its competitors. For the Capital Markets industry, the median Debt-to-Equity is 0.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Eqonex's current Debt-to-Equity is 1.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eqonex stock overvalued right now?
Eqonex (HAM:616A) has a current Debt-to-Equity of 1.88. The current Debt-to-Equity is 1.88 and 487.5% above the Capital Markets industry median of 0.32. Eqonex's overall GF Score™ is 14/100. 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 Eqonex (HAM:616A), the current Debt-to-Equity is 1.88 as of Mar. 2022. 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.

Eqonex Business Description

Address Three Pacific Place, 1 Queen’s Road East, Suites 1206-1209, Level 12, Hong Kong, HKG
Eqonex Ltd is a technology driven digital assets financial services group that provides institutional grade infrastructure and a full suite of trading, custody and asset management solutions to clients. The group's digital assets ecosystem has been designed to accommodate the needs of institutions and individuals with the same degree of regulatory oversight and security that are accustomed to in traditional financial markets. EQONEX's ecosystem encompasses EQONEX Exchange, a digital asset exchange; Digivault, a FCA accredited hot and cold digital assets custodian and Bletchley Park Asset Management, a fund of crypto-hedge funds.
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Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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