Nextech3d AI (Nextech3d AI) Debt-to-Equity : -0.11 (As of Dec. 2023)

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What is Nextech3d AI Debt-to-Equity?

Nextech3d AI's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.11 Mil. Nextech3d AI's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.35 Mil. Nextech3d AI's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $-4.07 Mil. Nextech3d AI's debt to equity for the quarter that ended in Dec. 2023 was -0.11.

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 Nextech3d AI's Debt-to-Equity or its related term are showing as below:

NEXCF' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.11 Med: 0.05 Max: 0.07
Current: -0.11

During the past 6 years, the highest Debt-to-Equity Ratio of Nextech3d AI was 0.07. The lowest was -0.11. And the median was 0.05.

NEXCF's Debt-to-Equity is not ranked
in the Retail - Cyclical industry.
Industry Median: 0.62 vs NEXCF: -0.11

Nextech3d AI Debt-to-Equity Historical Data

The historical data trend for Nextech3d AI'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.

Nextech3d AI Debt-to-Equity Chart

Nextech3d AI Annual Data

Trend

May18

May19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.05

0.07

-0.11

Nextech3d AI Quarterly Data
	Feb19	May19	Aug19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.07	0.07	0.10	0.13	-0.11

Competitive Comparison of Nextech3d AI's Debt-to-Equity

For the Internet Retail subindustry, Nextech3d AI'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.

Nextech3d AI's Debt-to-Equity Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Nextech3d AI's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Nextech3d AI's Debt-to-Equity falls into.

Nextech3d AI Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Nextech3d AI'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
	=	(0.107	+	0.35)	/	-4.068
	=	-0.11

Nextech3d AI's Debt to Equity Ratio for the quarter 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
	=	(0.107	+	0.35)	/	-4.068
	=	-0.11

Nextech3d AI (OTCPK:NEXCF) 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.

Nextech3d AI Debt-to-Equity Related Terms

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Nextech3d AI (Nextech3d AI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Nextech3d AI Corp (OTCPK:NEXCF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

1SS:Germany NTAR:Canada

Address

Toronto Rpo Royal Bank Plaza, Po Box 64039, Toronto, ON, CAN, M5J 2T6

Website

https://www.nextechar.com

Nextech3d AI Corp is a diversified technology company that leverages proprietary artificial intelligence (AI) to create 3D models and experiences. Its main businesses are creating 3D models for Amazon as well as many other e-commerce retailers. The company develops and acquires disruptive technologies and once commercialized, spins them out as stand-alone public companies issuing a stock dividend to shareholders while retaining a ownership stake in the public spin-out.