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PhoneX Holdings (PhoneX Holdings) Debt-to-Equity : 15.16 (As of Dec. 2018)


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What is PhoneX Holdings Debt-to-Equity?

PhoneX Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2018 was $0.02 Mil. PhoneX Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2018 was $5.74 Mil. PhoneX Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2018 was $0.38 Mil. PhoneX Holdings's debt to equity for the quarter that ended in Dec. 2018 was 15.16.

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 PhoneX Holdings's Debt-to-Equity or its related term are showing as below:

PXHI's Debt-to-Equity is not ranked *
in the Retail - Cyclical industry.
Industry Median: 0.61
* Ranked among companies with meaningful Debt-to-Equity only.

PhoneX Holdings Debt-to-Equity Historical Data

The historical data trend for PhoneX Holdings'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.

PhoneX Holdings Debt-to-Equity Chart

PhoneX Holdings Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.36 0.56 1.75 15.16

PhoneX Holdings Quarterly Data
Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18
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 1.75 3.40 3.21 4.66 15.16

Competitive Comparison of PhoneX Holdings's Debt-to-Equity

For the Internet Retail subindustry, PhoneX Holdings'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.


PhoneX Holdings's Debt-to-Equity Distribution in the Retail - Cyclical Industry

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

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



PhoneX Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

PhoneX Holdings's Debt to Equity Ratio for the fiscal year that ended in Dec. 2018 is calculated as

PhoneX Holdings's Debt to Equity Ratio for the quarter that ended in Dec. 2018 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.


PhoneX Holdings  (OTCPK:PXHI) 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.


PhoneX Holdings Debt-to-Equity Related Terms

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


PhoneX Holdings (PhoneX Holdings) Business Description

Traded in Other Exchanges
N/A
Address
150 Executive Dr, Suite Q, Edgewood, NY, USA, 11717
PhoneX Holdings Inc is a technology-based company engaged in creating an online marketplace for used smartphones. It operates through an e-commerce website-based service and a wholly-owned subsidiary. The web portal includes saleable items such as iPhones, iPods, tablets and other electronic devices. It derives revenue either by taking possession of devices and selling these devices for a premium or by facilitating transactions between buyers and sellers and collecting a commission.
Executives
Piton Capital Partners Llc 10 percent owner C/O NORTH BAY ASSOCIATES, 14000 QUAIL SPRINGS PARKWAY, SUITE 2200, OKLAHOMA CITY OK 73134
Daniel Brauser director 171 MADISON AVENUE, 17TH FLOOR, NEW YORK NY 10016
Leslie J Schreyer 10 percent owner C/O NORTON ROSE FULBRIGHT US LLP, 1301 AVENUE OF THE AMERICAS, NEW YORK NY 10019
Cornice Fiduciary Management Llc 10 percent owner C/O WILLOW STREET GROUP, LLC, 270 W. PEARL AVENUE, SUITE 104, JACKSON WY 83001
Peter Benz director 171 MADISON AVE., 17 FL.,, NEW YORK NY 10016
Grant Fitzwilliam director 171 MADISON AVE., 17 FL.,, NEW YORK NY 10016
Robert M Averick 10 percent owner KOKINO LLC, 201 TRESSER BOULEVARD, 3RD FLOOR, STAMFORD CT 06901
Perlus Microcap Fund L.p. 10 percent owner CRICKET SQUARE, HUTCHINS DRIVE, P.O. BOX 268, GRAND CAYMAN E9 KY1-1111
Michael Brauser director, 10 percent owner 4400 BISCAYNE BLVD., SUITE 850, MIAMI FL 33137
M3c Holdings Llc 10 percent owner C/O NORTH BAY ASSOCIATES, 14000 QUAIL SPRINGS PARKWAY, OKLAHOMA CITY OK 73134
Charles Pearlman director 1 EAST BROWARD BLVD., FORT LAUDERDALE FL 33301
Todd Oretsky 10 percent owner, other: See Remarks 330 SW 2ND STREET, SUITE 209, FORT LAUDERDALE FL 33312