GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Innovaro Inc (OTCPK:INNI) » Definitions » Debt-to-Equity

Innovaro (Innovaro) Debt-to-Equity : -7.04 (As of Sep. 2013)


View and export this data going back to 2000. Start your Free Trial

What is Innovaro Debt-to-Equity?

Innovaro's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2013 was $3.17 Mil. Innovaro's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2013 was $1.96 Mil. Innovaro's Total Stockholders Equity for the quarter that ended in Sep. 2013 was $-0.73 Mil. Innovaro's debt to equity for the quarter that ended in Sep. 2013 was -7.04.

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

INNI's Debt-to-Equity is not ranked *
in the Diversified Financial Services industry.
Industry Median: 0.12
* Ranked among companies with meaningful Debt-to-Equity only.

Innovaro Debt-to-Equity Historical Data

The historical data trend for Innovaro'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.

Innovaro Debt-to-Equity Chart

Innovaro Annual Data
Trend Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.02 0.22 0.43 0.53 3.45

Innovaro Quarterly Data
Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13
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 1.40 3.45 6.91 -16.47 -7.04

Competitive Comparison of Innovaro's Debt-to-Equity

For the Shell Companies subindustry, Innovaro'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.


Innovaro's Debt-to-Equity Distribution in the Diversified Financial Services Industry

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

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



Innovaro Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Innovaro's Debt to Equity Ratio for the fiscal year that ended in Dec. 2012 is calculated as

Innovaro's Debt to Equity Ratio for the quarter that ended in Sep. 2013 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.


Innovaro  (OTCPK:INNI) 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.


Innovaro Debt-to-Equity Related Terms

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


Innovaro (Innovaro) Business Description

Traded in Other Exchanges
N/A
Address
624 Tyvola Road, Suite 103, No. 186, Charlotte, NC, USA, 28217
Innovaro Inc is a shell company. It was previously engaged in software services. Currently, the company does not have any operations.
Executives
John Micek director 300 HAMILTON AVENUE, 4TH FLOOR, PALO ALTO CA 94301
Mark S Berset director 700 CENTRAL AVE, SAINT PETERSBURG FL 33701
Bruce Lucas director 2109 E. PALM AVENUE, TAMPA FL 33605
Charles L Pope director 4902 EISENHOWER BOULEVARD, TAMPA FL 33634
David G Mooring officer: VICE PRESIDENT RAMBUS INC, 4444 EL CAMINO REAL, LOS ALTOS CA 94022

Innovaro (Innovaro) Headlines

No Headlines