OOOOF (OOOOO Entertainment Commerce) Debt-to-Equity: -0.65 (As of Jul. 2023)

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What is OOOOO Entertainment Commerce Debt-to-Equity?

OOOOO Entertainment Commerce OOOOF Debt-to-Equity is -0.65 as of Jul. 2023.

OOOOO Entertainment Commerce's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jul. 2023 was $0.12 Mil. OOOOO Entertainment Commerce's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jul. 2023 was $1.29 Mil. OOOOO Entertainment Commerce's Total Stockholders Equity for the quarter that ended in Jul. 2023 was $-2.16 Mil. OOOOO Entertainment Commerce's debt to equity for the quarter that ended in Jul. 2023 was -0.65.

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 OOOOO Entertainment Commerce's Debt-to-Equity or its related term are showing as below:

OOOOF's Debt-to-Equity is not ranked *
in the Interactive Media industry.
Industry Median: 0.13
* Ranked among companies with meaningful Debt-to-Equity only.

OOOOO Entertainment Commerce  (OTCPK:OOOOF) 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.

OOOOO Entertainment Commerce Debt-to-Equity Related Terms

OOOOO Entertainment Commerce Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for OOOOO Entertainment Commerce'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.

OOOOO Entertainment Commerce Debt-to-Equity Chart

OOOOO Entertainment Commerce Annual Data
Trend Jul13 Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Oct21 Oct22
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 N/A -0.90

OOOOO Entertainment Commerce Quarterly Data
Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23
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 3.89 -0.90 -0.74 -0.69 -0.65

OOOOF vs GOOGL, META, BIDU: Debt-to-Equity Comparison

For the Internet Content & Information subindustry, OOOOO Entertainment Commerce'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.

OOOOO Entertainment Commerce Debt-to-Equity vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, OOOOO Entertainment Commerce's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where OOOOO Entertainment Commerce's Debt-to-Equity falls into.


OOOOO Entertainment Commerce Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

OOOOO Entertainment Commerce's Debt to Equity Ratio for the fiscal year that ended in Oct. 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
=(0.083 + 1.196) / -1.427
=-0.90

OOOOO Entertainment Commerce's Debt to Equity Ratio for the quarter that ended in Jul. 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
=(0.116 + 1.292) / -2.161
=-0.65

* 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 -0.65 mean?
OOOOO Entertainment Commerce (OOOOF) has a Debt-to-Equity of -0.65 as of Jul. 2023. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on OOOOO Entertainment Commerce and its competitors.
Is OOOOO Entertainment Commerce's Debt-to-Equity too high?
OOOOO Entertainment Commerce's current Debt-to-Equity is -0.65.
How does OOOOO Entertainment Commerce's Debt-to-Equity compare to GOOGL and META?
OOOOO Entertainment Commerce's Debt-to-Equity of -0.65 can be compared against companies in the Interactive Media industry. The industry median Debt-to-Equity is 0.13. 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 an Interactive Media company?
The median Debt-to-Equity among Interactive Media companies is 0.13, based on 410 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. 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 OOOOO Entertainment Commerce and its competitors. For the Interactive Media industry, the median Debt-to-Equity is 0.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. OOOOO Entertainment Commerce's current Debt-to-Equity is -0.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is OOOOO Entertainment Commerce stock overvalued right now?
OOOOO Entertainment Commerce (OOOOF) has a current Debt-to-Equity of -0.65. The current Debt-to-Equity is -0.65. 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 OOOOO Entertainment Commerce (OOOOF), the current Debt-to-Equity is -0.65 as of Jul. 2023. 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.

OOOOO Entertainment Commerce Business Description

Address C/O 1000 - 925 West Georgia Street, Vancouver, BC, CAN, V6C 3L2
OOOOO Entertainment Commerce Ltd operates a technology platform that enables retailers, brands, and entrepreneurs to share product-based opinions directly to consumers through live, interactive, shoppable videos. The platform also offers gamification and social features which reward the community for helping to grow the user base, reducing the need for traditional ad networks.