IBKKF (iMining Technologies) Debt-to-Equity: 0.00 (As of Feb. 2022)

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What is iMining Technologies Debt-to-Equity?

iMining Technologies IBKKF Debt-to-Equity is 0.00 as of Feb. 2022.

iMining Technologies's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2022 was $0.00 Mil. iMining Technologies's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2022 was $0.00 Mil. iMining Technologies's Total Stockholders Equity for the quarter that ended in Feb. 2022 was $14.54 Mil. iMining Technologies's debt to equity for the quarter that ended in Feb. 2022 was 0.00.

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

IBKKF'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.

iMining Technologies  (OTCPK:IBKKF) 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.

iMining Technologies Debt-to-Equity Related Terms

iMining Technologies Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for iMining 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.

iMining Technologies Debt-to-Equity Chart

iMining Technologies Annual Data
Trend May12 May13 May14 May15 May16 May17 May18 May19 May20 May21
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

iMining Technologies Quarterly Data
May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

IBKKF vs FDCT, SYSX, EQOSQ: Debt-to-Equity Comparison

For the Capital Markets subindustry, iMining 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.

iMining Technologies Debt-to-Equity vs Capital Markets Industry

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

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


iMining Technologies Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

iMining Technologies's Debt to Equity Ratio for the fiscal year that ended in May. 2021 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 + 0) / 13.373
=0.00

iMining Technologies's Debt to Equity Ratio for the quarter that ended in Feb. 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 + 0) / 14.543
=0.00

* 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 0.00 mean?
iMining Technologies (IBKKF) has a Debt-to-Equity of 0.00 as of Feb. 2022. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on iMining Technologies and its competitors.
Is iMining Technologies' Debt-to-Equity too high?
iMining Technologies' current Debt-to-Equity is 0.00.
How does iMining Technologies' Debt-to-Equity compare to FDCT and SYSX?
iMining Technologies' Debt-to-Equity of 0.00 can be compared against companies in the Capital Markets industry. The industry median Debt-to-Equity is 0.32. 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 610 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. 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 iMining Technologies 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. iMining Technologies's current Debt-to-Equity is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is iMining Technologies stock overvalued right now?
iMining Technologies (IBKKF) has a current Debt-to-Equity of 0.00. The current Debt-to-Equity is 0.00. 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 iMining Technologies (IBKKF), the current Debt-to-Equity is 0.00 as of Feb. 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.

iMining Technologies Business Description

Address 750 - 580 Hornby Street, Vancouver, BC, CAN, V6C 3B6
iMining Technologies Inc is engaged in cryptocurrency and blockchain space by mining cryptocurrencies and providing infrastructure and power to its colocation clients. The company aims to give investors exposure to the digital currency revolution and blockchain space.