LABZF (Metasphere Labs) Debt-to-Equity : -0.27 (As of Jul. 2024)

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What is Metasphere Labs Debt-to-Equity?

Metasphere Labs's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jul. 2024 was $0.07 Mil. Metasphere Labs's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jul. 2024 was $0.00 Mil. Metasphere Labs's Total Stockholders Equity for the quarter that ended in Jul. 2024 was $-0.25 Mil. Metasphere Labs's debt to equity for the quarter that ended in Jul. 2024 was -0.27.

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

LABZF' s Debt-to-Equity Range Over the Past 10 Years
Min: -1.11 Med: -0.39 Max: 0.13
Current: -0.27

During the past 5 years, the highest Debt-to-Equity Ratio of Metasphere Labs was 0.13. The lowest was -1.11. And the median was -0.39.

LABZF's Debt-to-Equity is not ranked
in the Software industry.
Industry Median: 0.22 vs LABZF: -0.27

Metasphere Labs Debt-to-Equity Historical Data

The historical data trend for Metasphere Labs'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.

Metasphere Labs Debt-to-Equity Chart

Metasphere Labs Annual Data

Trend

Jul20

Jul21

Jul22

Jul23

Jul24

Debt-to-Equity

-1.11

-0.72

0.13

-0.39

-0.27

Metasphere Labs Quarterly Data
	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24
Debt-to-Equity	Get a 7-Day Free Trial													-0.39	-0.39	-0.23	-0.43	-0.27

Competitive Comparison of Metasphere Labs's Debt-to-Equity

For the Software - Infrastructure subindustry, Metasphere Labs'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.

Metasphere Labs's Debt-to-Equity Distribution in the Software Industry

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

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

Metasphere Labs Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Metasphere Labs's Debt to Equity Ratio for the fiscal year that ended in Jul. 2024 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
	=	(0.065	+	0)	/	-0.245
	=	-0.27

Metasphere Labs's Debt to Equity Ratio for the quarter that ended in Jul. 2024 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
	=	(0.065	+	0)	/	-0.245
	=	-0.27

Metasphere Labs (OTCPK:LABZF) 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.

Metasphere Labs Debt-to-Equity Related Terms

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Metasphere Labs Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Metasphere Labs Inc (OTCPK:LABZF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

H1N:Germany LABZ:Canada

Address

1890 – 1075 West Georgia Street, Vancouver, BC, CAN, V6E 3C9

Website

https://www.metasphere.earth

Metasphere Labs Inc develops solutions for the metaverse, DAOs, gamification, and Web3, addressing social challenges related to climate change and aiming for a positive planetary impact. Its projects portfolio includes ClimateBot, and CarbonBot. Company operates in one single segment, which is the design, development, and sale of exclusive Non-Fungible Tokens. Its maximum revenue is from non-fungible tokens (NFT), with Geographical revenue from Canada.