Interfield Global Software (NEOE:IFSS) Debt-to-Equity : 0.02 (As of Sep. 2023)

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What is Interfield Global Software Debt-to-Equity?

Interfield Global Software's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was C$0.00 Mil. Interfield Global Software's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was C$0.09 Mil. Interfield Global Software's Total Stockholders Equity for the quarter that ended in Sep. 2023 was C$5.68 Mil. Interfield Global Software's debt to equity for the quarter that ended in Sep. 2023 was 0.02.

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 Interfield Global Software's Debt-to-Equity or its related term are showing as below:

NEOE:IFSS' s Debt-to-Equity Range Over the Past 10 Years
Min: -1.4 Med: -0.96 Max: 9147
Current: 0.02

During the past 5 years, the highest Debt-to-Equity Ratio of Interfield Global Software was 9147.00. The lowest was -1.40. And the median was -0.96.

NEOE:IFSS's Debt-to-Equity is ranked better than
92.18% of 2211 companies
in the Software industry
Industry Median: 0.21 vs NEOE:IFSS: 0.02

Interfield Global Software Debt-to-Equity Historical Data

The historical data trend for Interfield Global Software'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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Interfield Global Software Debt-to-Equity Chart

Interfield Global Software Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

-1.05

-1.40

9,147.00

-0.87

Interfield Global Software Quarterly Data
	Dec18	Dec19	Dec20	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial						-1.25	-0.87	1.35	-	0.02

Competitive Comparison of Interfield Global Software's Debt-to-Equity

For the Software - Application subindustry, Interfield Global Software'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.

Interfield Global Software's Debt-to-Equity Distribution in the Software Industry

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

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

Interfield Global Software Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Interfield Global Software's Debt to Equity Ratio for the fiscal year that ended in Dec. 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
	=	(0.098	+	0)	/	-0.113
	=	-0.87

Interfield Global Software's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(0	+	0.091)	/	5.675
	=	0.02

Interfield Global Software (NEOE:IFSS) 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.

Interfield Global Software Debt-to-Equity Related Terms

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

Interfield Global Software (NEOE:IFSS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Interfield Global Software Inc (NEOE:IFSS) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

The Yes Business Centre, Office 910, PO Box 78020, Al Barsha 1 Dubai, Dubai, ARE

Website

https://www.interfieldsolutions.com

Interfield Global Software Inc is a software company that services numerous industrial segments including oil and gas, mining, and renewables. It has two operating divisions, E-commerce and Software as a Service. The E-commerce division is an industrial equipment marketplace that connects buyers and suppliers around the globe. ToolSuite, the company's flagship product of its Software as a Service division, is a cloud-based data collection and management platform that digitizes industrial processes and provides real-time auditable data for clients.

Interfield Global Software (NEOE:IFSS) Headlines

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