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On4 Communications (On4 Communications) Debt-to-Equity : -0.20 (As of Apr. 2017)


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What is On4 Communications Debt-to-Equity?

On4 Communications's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Apr. 2017 was $0.53 Mil. On4 Communications's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Apr. 2017 was $0.00 Mil. On4 Communications's Total Stockholders Equity for the quarter that ended in Apr. 2017 was $-2.71 Mil. On4 Communications's debt to equity for the quarter that ended in Apr. 2017 was -0.20.

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 On4 Communications's Debt-to-Equity or its related term are showing as below:

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

On4 Communications Debt-to-Equity Historical Data

The historical data trend for On4 Communications'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.

On4 Communications Debt-to-Equity Chart

On4 Communications Annual Data
Trend Feb07 Feb08 Feb09 Oct10 Oct11 Oct12 Oct13 Oct14 Oct15 Oct16
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.29 -0.25 -0.23 -0.24 -0.25

On4 Communications Quarterly Data
Jul12 Oct12 Jan13 Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.27 -0.27 -0.25 -0.22 -0.20

Competitive Comparison of On4 Communications's Debt-to-Equity

For the Software - Application subindustry, On4 Communications'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.


On4 Communications's Debt-to-Equity Distribution in the Software Industry

For the Software industry and Technology sector, On4 Communications's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where On4 Communications's Debt-to-Equity falls into.



On4 Communications Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

On4 Communications's Debt to Equity Ratio for the fiscal year that ended in Oct. 2016 is calculated as

On4 Communications's Debt to Equity Ratio for the quarter that ended in Apr. 2017 is calculated as

* 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.


On4 Communications  (OTCPK:ONCI) 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.


On4 Communications Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of On4 Communications's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


On4 Communications (On4 Communications) Business Description

Traded in Other Exchanges
N/A
Address
44 West 44th Street, New York, NY, USA, 11710
On4 Communications Inc is in the business of designing, creating, and manufacturing software applications for installation in motor vehicles to automatically restrict the driver from accessing a smartphone or other social media communication while the vehicle wheels are in motion. The primary source of revenue is from the sale of the FMS safe driving App. It also has investments in the craft Cannabis company, which is based in Vancouver.

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