Smart Card Marketing Systems (Smart Card Marketing Systems) Debt-to-Equity : -0.08 (As of Jun. 2023)

View and export this data going back to . Start your Free Trial

What is Smart Card Marketing Systems Debt-to-Equity?

Smart Card Marketing Systems's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $0.14 Mil. Smart Card Marketing Systems's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $0.00 Mil. Smart Card Marketing Systems's Total Stockholders Equity for the quarter that ended in Jun. 2023 was $-1.70 Mil. Smart Card Marketing Systems's debt to equity for the quarter that ended in Jun. 2023 was -0.08.

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 Smart Card Marketing Systems's Debt-to-Equity or its related term are showing as below:

SMKG' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.34 Med: -0.26 Max: -0.06
Current: -0.08

During the past 2 years, the highest Debt-to-Equity Ratio of Smart Card Marketing Systems was -0.06. The lowest was -0.34. And the median was -0.26.

SMKG's Debt-to-Equity is not ranked
in the Software industry.
Industry Median: 0.2 vs SMKG: -0.08

Smart Card Marketing Systems Debt-to-Equity Historical Data

The historical data trend for Smart Card Marketing Systems'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.

Smart Card Marketing Systems Debt-to-Equity Chart

Smart Card Marketing Systems Annual Data

Trend

Dec20

Dec21

Debt-to-Equity

-0.30

-0.21

Smart Card Marketing Systems Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Mar23	Jun23
Debt-to-Equity	Get a 7-Day Free Trial							-0.28	-0.25	-0.26	-0.06	-0.08

Competitive Comparison of Smart Card Marketing Systems's Debt-to-Equity

For the Software - Infrastructure subindustry, Smart Card Marketing Systems'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.

Smart Card Marketing Systems's Debt-to-Equity Distribution in the Software Industry

For the Software industry and Technology sector, Smart Card Marketing Systems's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Smart Card Marketing Systems's Debt-to-Equity falls into.

Smart Card Marketing Systems Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Smart Card Marketing Systems's Debt to Equity Ratio for the fiscal year that ended in Dec. 2021 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
	=	(0.471	+	0)	/	-2.256
	=	-0.21

Smart Card Marketing Systems's Debt to Equity Ratio for the quarter that ended in Jun. 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
	=	(0.136	+	0)	/	-1.701
	=	-0.08

Smart Card Marketing Systems (OTCPK:SMKG) 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.

Smart Card Marketing Systems Debt-to-Equity Related Terms

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

Smart Card Marketing Systems (Smart Card Marketing Systems) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Smart Card Marketing Systems Inc (OTCPK:SMKG) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

20c Trolley Square, Wilmington, DE, USA, 19806

Website

https://www.smartcardmarketingsystems.com

Smart Card Marketing Systems Inc is a fintech and paytech company in specialized ecommerce, cloud and mobility marketplace and applications to the global banking, telecom, retail and digital realm markets. It is an entrepreneurial boutique technology company, providing business intelligence and digital transformation strategies with a proprietary portfolio of commercial strategies and wireframes for banking, enterprises, retail e-wallets, digital id, cross-border payments, blockchain, crypto issuing, chatbot ai, nft, e-KYC, digital workforce, events & media management, edtech, tele- med and transit-booking industries.