NextPoint Financial (NextPoint Financial) Debt-to-Equity : 2.06 (As of Mar. 2022)

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What is NextPoint Financial Debt-to-Equity?

NextPoint Financial's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2022 was $4.9 Mil. NextPoint Financial's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2022 was $449.1 Mil. NextPoint Financial's Total Stockholders Equity for the quarter that ended in Mar. 2022 was $220.1 Mil. NextPoint Financial's debt to equity for the quarter that ended in Mar. 2022 was 2.06.

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

NACQQ'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.

NextPoint Financial Debt-to-Equity Historical Data

The historical data trend for NextPoint Financial'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.

NextPoint Financial Debt-to-Equity Chart

NextPoint Financial Annual Data

Trend

Dec20

Debt-to-Equity

NextPoint Financial Quarterly Data
	Sep20	Dec20	Mar21	Jun21	Sep21	Mar22
Debt-to-Equity	Get a 7-Day Free Trial			-	-0.06	-0.05	1.60	2.06

Competitive Comparison of NextPoint Financial's Debt-to-Equity

For the Financial Conglomerates subindustry, NextPoint Financial'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.

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

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

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

NextPoint Financial Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

NextPoint Financial's Debt to Equity Ratio for the fiscal year that ended in Dec. 2020 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)	/	-0.317
	=	0.00

NextPoint Financial's Debt to Equity Ratio for the quarter that ended in Mar. 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
	=	(4.912	+	449.137)	/	220.095
	=	2.06

NextPoint Financial (OTCPK:NACQQ) 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.

NextPoint Financial Debt-to-Equity Related Terms

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

NextPoint Financial (NextPoint Financial) Business Description

Industry

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

Traded in Other Exchanges

N/A

Address

500 Grapevine Highway, Suite 402, Hurst, Texas, TX, USA, 76054

Website

https://www.nextpointfinancial.com

NextPoint Financial Inc is an all-inclusive marketplace for financial services empowering consumers and small businesses to get to NextPoint in their financial futures. It operates through Liberty Tax which is a tax preparation service that serves clients in the United States and Canada; LoanMe which is an online lending platform that serves customers in the United States; and The Community Tax segment provides tax debt resolution services and other tax-related services in the United States.

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