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MJDS (MOJO Data Solutions) Debt-to-Equity : -1.25 (As of Dec. 2021)


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What is MOJO Data Solutions Debt-to-Equity?

MOJO Data Solutions's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2021 was $0.02 Mil. MOJO Data Solutions's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2021 was $0.00 Mil. MOJO Data Solutions's Total Stockholders Equity for the quarter that ended in Dec. 2021 was $-0.02 Mil. MOJO Data Solutions's debt to equity for the quarter that ended in Dec. 2021 was -1.25.

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 MOJO Data Solutions's Debt-to-Equity or its related term are showing as below:

MJDS's Debt-to-Equity is not ranked *
in the Software industry.
Industry Median: 0.21
* Ranked among companies with meaningful Debt-to-Equity only.

MOJO Data Solutions Debt-to-Equity Historical Data

The historical data trend for MOJO Data Solutions'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.

MOJO Data Solutions Debt-to-Equity Chart

MOJO Data Solutions Annual Data
Trend Apr11 Apr12 Apr13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec20 Dec21
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.37 -0.37 -0.55 N/A -1.25

MOJO Data Solutions Semi-Annual Data
Apr11 Apr12 Apr13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec20 Dec21
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.37 -0.37 -0.55 N/A -1.25

Competitive Comparison of MOJO Data Solutions's Debt-to-Equity

For the Software - Application subindustry, MOJO Data Solutions'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.

MOJO Data Solutions's Debt-to-Equity Distribution in the Software Industry

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

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


MOJO Data Solutions Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

MOJO Data Solutions's Debt to Equity Ratio for the fiscal year that ended in Dec. 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
=(0.02 + 0) / -0.016
=-1.25

MOJO Data Solutions's Debt to Equity Ratio for the quarter that ended in Dec. 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
=(0.02 + 0) / -0.016
=-1.25

* 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.

MOJO Data Solutions  (OTCPK:MJDS) 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.

MOJO Data Solutions Debt-to-Equity Related Terms

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

MOJO Data Solutions Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » MOJO Data Solutions Inc (OTCPK:MJDS) » Definitions » Debt-to-Equity
Comparable Companies
XCNQ:PLAY TSXV:CNS TSXV:BP TSXV:MKT XSAT:STVA B NGM:GATE WAR:EXA TSXV:EQG BOM:540874 WAR:PBT WAR:EKS FRZT XKRX:223220 WAR:THD WAR:JJB TAPM OSTO:SPIFF XCNQ:EPY WAR:7LV OSL:FIVEPG
Traded in Other Exchanges
N/A
Address
E21 Calle Las Palmas, URB Dorado Reef, Dorado, PRI, 00646
Website
http://www.mojotags.com
MOJO Data Solutions Inc is engaged in the development of smartphone applications that enable consumers to interact with traditional media. The firm delivers multimedia mobile visual search and content delivery platforms on the handset with data processing and campaign management tools. It offers a campaign management suite that includes Mojo Tags, which allows consumers to connect with the digital content and experiences of brands through smartphones; Mojo Insights which offers solutions for managing mobile campaigns and connecting consumers to Internet content from traditional media; Mojo Tags App, a multimedia scanning application; and Mojo Touch solutions. The company also has Mojo Beacons, which delivers in-store customer experiences.