Mobile Tornado Group (LSE:MBT) Debt-to-Equity : -0.72 (As of Jun. 2024)

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What is Mobile Tornado Group Debt-to-Equity?

Mobile Tornado Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was £5.63 Mil. Mobile Tornado Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was £5.82 Mil. Mobile Tornado Group's Total Stockholders Equity for the quarter that ended in Jun. 2024 was £-15.97 Mil. Mobile Tornado Group's debt to equity for the quarter that ended in Jun. 2024 was -0.72.

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 Mobile Tornado Group's Debt-to-Equity or its related term are showing as below:

LSE:MBT' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.74 Med: -0.7 Max: -0.1
Current: -0.72

During the past 13 years, the highest Debt-to-Equity Ratio of Mobile Tornado Group was -0.10. The lowest was -0.74. And the median was -0.70.

LSE:MBT's Debt-to-Equity is not ranked
in the Software industry.
Industry Median: 0.205 vs LSE:MBT: -0.72

Mobile Tornado Group Debt-to-Equity Historical Data

The historical data trend for Mobile Tornado Group'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.

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Mobile Tornado Group Debt-to-Equity Chart

Mobile Tornado Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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-0.74

-0.71

-0.72

-0.73

Mobile Tornado Group Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Debt-to-Equity	Get a 7-Day Free Trial															-0.70	-0.72	-0.72	-0.73	-0.72

Competitive Comparison of Mobile Tornado Group's Debt-to-Equity

For the Software - Application subindustry, Mobile Tornado Group'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.

Mobile Tornado Group's Debt-to-Equity Distribution in the Software Industry

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

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

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Mobile Tornado Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Mobile Tornado Group's Debt to Equity Ratio for the fiscal year that ended in Dec. 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
	=	(10.95	+	0.173)	/	-15.339
	=	-0.73

Mobile Tornado Group's Debt to Equity Ratio for the quarter that ended in Jun. 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
	=	(5.626	+	5.817)	/	-15.972
	=	-0.72

Mobile Tornado Group (LSE:MBT) 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.

Mobile Tornado Group Debt-to-Equity Related Terms

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

Mobile Tornado Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Mobile Tornado Group PLC (LSE:MBT) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

59 Station Parade, Copthall Bridge, Harrogate, North Yorkshire, GBR, HG1 1TT

Website

https://www.mobiletornado.com

Mobile Tornado Group PLC provides instant communication mobile applications serving the mobile data services market in the mobile communication industry. Its solutions include Push-To-Talk, Push-To-Locate, Push-To-Alert, and Push-To-Message. Geographically, it derives of its revenue from South America and has a presence in the UK, Europe, North America, Israel, Africa, and Asia/Pacific. The company generates revenue from License fees, Hardware and software, Professional Services, and Support and Maintenance.