NXTP (NextPlay Technologies) Debt-to-Equity: 0.18 (As of Nov. 2022)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NXTP NextPlay Technologies Inc NXTP
14 GF Score
Price $0.00
View Full Analysis

What is NextPlay Technologies Debt-to-Equity?

NextPlay Technologies NXTP 14 Debt-to-Equity is 0.18 as of Nov. 2022. GuruFocus rates NXTP with a GF Score™ of 14/100.

NextPlay Technologies's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2022 was $6.67 Mil. NextPlay Technologies's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2022 was $0.34 Mil. NextPlay Technologies's Total Stockholders Equity for the quarter that ended in Nov. 2022 was $39.19 Mil. NextPlay Technologies's debt to equity for the quarter that ended in Nov. 2022 was 0.18.

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 NextPlay Technologies's Debt-to-Equity or its related term are showing as below:

NXTP's Debt-to-Equity is not ranked *
in the Software industry.
Industry Median: 0.2
* Ranked among companies with meaningful Debt-to-Equity only.

NextPlay Technologies  (OTCPK:NXTP) 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.

NextPlay Technologies Debt-to-Equity Related Terms

NextPlay Technologies Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for NextPlay Technologies'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.

NextPlay Technologies Debt-to-Equity Chart

NextPlay Technologies Annual Data
Trend Feb21 Feb22
Debt-to-Equity
0.10 0.21

NextPlay Technologies Quarterly Data
Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22
Debt-to-Equity Get a 7-Day Free Trial N/A 0.21 0.13 0.16 0.18

NXTP vs TAOP, CETX, IPSI: Debt-to-Equity Comparison

For the Software - Infrastructure subindustry, NextPlay Technologies'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.

NextPlay Technologies Debt-to-Equity vs Software Industry

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

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


NXTP
14GF Score
NextPlay Technologies Inc NXTP
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

NextPlay Technologies Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

NextPlay Technologies's Debt to Equity Ratio for the fiscal year that ended in Feb. 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
=(8.819 + 4.355) / 64.231
=0.21

NextPlay Technologies's Debt to Equity Ratio for the quarter that ended in Nov. 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
=(6.667 + 0.337) / 39.193
=0.18

* 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 0.18 mean?
NextPlay Technologies (NXTP) has a Debt-to-Equity of 0.18 as of Nov. 2022. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on NextPlay Technologies and its competitors.
Is NextPlay Technologies' Debt-to-Equity too high?
NextPlay Technologies' current Debt-to-Equity is 0.18. The Software industry median Debt-to-Equity is 0.20. NextPlay Technologies' value of 0.18 is 10% below this industry median. Overall, NextPlay Technologies has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does NextPlay Technologies' Debt-to-Equity compare to TAOP and CETX?
NextPlay Technologies' Debt-to-Equity of 0.18 can be compared against companies in the Software industry. The industry median Debt-to-Equity is 0.20. NextPlay Technologies' value of 0.18 is 10% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Software company?
The median Debt-to-Equity among Software companies is 0.20, based on 2,238 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. NextPlay Technologies's current Debt-to-Equity of 0.18 is 10% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on NextPlay Technologies and its competitors. For the Software industry, the median Debt-to-Equity is 0.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NextPlay Technologies's current Debt-to-Equity is 0.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NextPlay Technologies stock overvalued right now?
NextPlay Technologies (NXTP) has a current Debt-to-Equity of 0.18. The current Debt-to-Equity is 0.18 and 10% below the Software industry median of 0.20. NextPlay Technologies' overall GF Score™ is 14/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For NextPlay Technologies (NXTP), the current Debt-to-Equity is 0.18 as of Nov. 2022. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

NextPlay Technologies Business Description

Address 1560 Sawgrass Corporate Parkway, Suite 130, Sunrise, FL, USA, 33323
NextPlay Technologies Inc is building a technology solutions company, offering games, in-game advertising, digital asset products and services, connected TV and travel booking services to consumers and corporations within a growing digital ecosystem. Its engaging products and services utilize advertising technology, Artificial Intelligence, and financial technology (FinTech) solutions to leverage the strengths and channels of its existing and acquired technologies. NextPlay is organized into 3 divisions NextMedia, its Interactive Digital Media Division (the Media Division); NextFinTech, its Finance and Technology (FinTech) Division; and NextTrip, its Travel Division.
14GF Score

Get the complete analysis for NXTP

Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.00
Price