RSCZF (Polaris Northstar Capital) Debt-to-Equity: -0.11 (As of Sep. 2023)


RSCZF Polaris Northstar Capital Corp RSCZF
12 GF Score
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What is Polaris Northstar Capital Debt-to-Equity?

Polaris Northstar Capital RSCZF -99.86% 12 Debt-to-Equity is -0.11 as of Sep. 2023. GuruFocus rates RSCZF with a GF Score™ of 12/100.

Polaris Northstar Capital's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.13 Mil. Polaris Northstar Capital's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.00 Mil. Polaris Northstar Capital's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $-1.14 Mil. Polaris Northstar Capital's debt to equity for the quarter that ended in Sep. 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 Polaris Northstar Capital's Debt-to-Equity or its related term are showing as below:

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

Polaris Northstar Capital  (OTCPK:RSCZF) 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.

Polaris Northstar Capital Debt-to-Equity Related Terms

Polaris Northstar Capital Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Polaris Northstar Capital'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.

Polaris Northstar Capital Debt-to-Equity Chart

Polaris Northstar Capital Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 -0.88

Polaris Northstar Capital Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 0.36 -0.88 0.01 0.01 -0.11

RSCZF vs BLK, KKR, BX: Debt-to-Equity Comparison

For the Asset Management subindustry, Polaris Northstar Capital'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.

Polaris Northstar Capital Debt-to-Equity vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Polaris Northstar Capital's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Polaris Northstar Capital's Debt-to-Equity falls into.


RSCZF
12GF Score
Polaris Northstar Capital Corp RSCZF
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Polaris Northstar Capital Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Polaris Northstar Capital's Debt to Equity Ratio for the fiscal year that ended in Dec. 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
=(0.391 + 0) / -0.446
=-0.88

Polaris Northstar Capital's Debt to Equity Ratio for the quarter that ended in Sep. 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
=(0.129 + 0) / -1.143
=-0.11

* 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 -0.11 mean?
Polaris Northstar Capital (RSCZF) has a Debt-to-Equity of -0.11 as of Sep. 2023. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Polaris Northstar Capital and its competitors.
Is Polaris Northstar Capital's Debt-to-Equity too high?
Polaris Northstar Capital's current Debt-to-Equity is -0.11. Overall, Polaris Northstar Capital has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Polaris Northstar Capital's Debt-to-Equity compare to BLK and KKR?
Polaris Northstar Capital's Debt-to-Equity of -0.11 can be compared against companies in the Asset Management industry. The industry median Debt-to-Equity is 0.21. 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 Asset Management company?
The median Debt-to-Equity among Asset Management companies is 0.21, based on 963 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 Polaris Northstar Capital and its competitors. For the Asset Management industry, the median Debt-to-Equity is 0.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Polaris Northstar Capital's current Debt-to-Equity is -0.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Polaris Northstar Capital stock overvalued right now?
Polaris Northstar Capital (RSCZF) has a current Debt-to-Equity of -0.11. The current Debt-to-Equity is -0.11. Polaris Northstar Capital's overall GF Score™ is 12/100. 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 Polaris Northstar Capital (RSCZF), the current Debt-to-Equity is -0.11 as of Sep. 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.

Polaris Northstar Capital Business Description

Address 595 Howe Street, Suite 303, Vancouver, BC, CAN, V6C 2T5
Polaris Northstar Capital Corp is an investment company. The company specializes in providing early-stage financing to private and public companies in the cryptocurrency, blockchain, healthcare and resource sectors.
12GF Score

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