SoLVBL Solutions (SoLVBL Solutions) Debt-to-Equity : -0.02 (As of Jun. 2023)

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What is SoLVBL Solutions Debt-to-Equity?

SoLVBL Solutions's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $0.00 Mil. SoLVBL Solutions's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $0.04 Mil. SoLVBL Solutions's Total Stockholders Equity for the quarter that ended in Jun. 2023 was $-2.36 Mil. SoLVBL Solutions's debt to equity for the quarter that ended in Jun. 2023 was -0.02.

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 SoLVBL Solutions's Debt-to-Equity or its related term are showing as below:

SOLBF' s Debt-to-Equity Range Over the Past 10 Years
Min: -1.68 Med: -0.02 Max: 0.09
Current: -0.02

During the past 4 years, the highest Debt-to-Equity Ratio of SoLVBL Solutions was 0.09. The lowest was -1.68. And the median was -0.02.

SOLBF's Debt-to-Equity is not ranked
in the Software industry.
Industry Median: 0.21 vs SOLBF: -0.02

SoLVBL Solutions Debt-to-Equity Historical Data

The historical data trend for SoLVBL Solutions'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.

SoLVBL Solutions Debt-to-Equity Chart

SoLVBL Solutions Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

-0.45

-1.68

0.06

-0.04

SoLVBL Solutions Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
Debt-to-Equity	Get a 7-Day Free Trial													0.05	0.09	-0.04	-0.03	-0.02

Competitive Comparison of SoLVBL Solutions's Debt-to-Equity

For the Software - Application subindustry, SoLVBL Solutions'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.

SoLVBL Solutions's Debt-to-Equity Distribution in the Software Industry

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

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

SoLVBL Solutions Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

SoLVBL Solutions'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	+	0.042)	/	-1.042
	=	-0.04

SoLVBL Solutions'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	+	0.044)	/	-2.355
	=	-0.02

SoLVBL Solutions (OTCPK:SOLBF) 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.

SoLVBL Solutions Debt-to-Equity Related Terms

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SoLVBL Solutions (SoLVBL Solutions) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » SoLVBL Solutions Inc (OTCPK:SOLBF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

SOLV:Canada

Address

100 King Street West, First Canadian Place, Suite 5700, Toronto, ON, CAN, M5X 1C7

Website

https://www.solvbl.com

SoLVBL Solutions Inc is a solution engineering company specializing in applications that address critical data integrity problems. Its products and services include a Supply-chain ecosystem, which enables a single entity to monitor, measure, and manage its inventory and supply management; and a Tracking system that provides a level of security by registering tracker profiles on the ledger using a 256-bit hash. It generates revenue through the sale of services for Blockchain software products.

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