GoldMoney (STU:9BT0) Debt-to-Equity : 0.24 (As of Dec. 2023)

View and export this data going back to 2015. Start your Free Trial

What is GoldMoney Debt-to-Equity?

GoldMoney's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €1.7 Mil. GoldMoney's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €27.0 Mil. GoldMoney's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €119.1 Mil. GoldMoney's debt to equity for the quarter that ended in Dec. 2023 was 0.24.

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

STU:9BT0' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.01 Max: 0.24
Current: 0.24

During the past 11 years, the highest Debt-to-Equity Ratio of GoldMoney was 0.24. The lowest was 0.00. And the median was 0.01.

STU:9BT0's Debt-to-Equity is ranked better than
59.11% of 609 companies
in the Capital Markets industry
Industry Median: 0.38 vs STU:9BT0: 0.24

GoldMoney Debt-to-Equity Historical Data

The historical data trend for GoldMoney'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.

GoldMoney Debt-to-Equity Chart

GoldMoney Annual Data

Trend

Sep13

Sep14

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

Get a 7-Day Free Trial

0.01

GoldMoney Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															-	-	-	-	0.24

Competitive Comparison of GoldMoney's Debt-to-Equity

For the Capital Markets subindustry, GoldMoney'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.

GoldMoney's Debt-to-Equity Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, GoldMoney's Debt-to-Equity distribution charts can be found below:

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

GoldMoney Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

GoldMoney's Debt to Equity Ratio for the fiscal year that ended in Mar. 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)	/	117.778
	=	0.00

GoldMoney's Debt to Equity Ratio for the quarter that ended in Dec. 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
	=	(1.727	+	27.023)	/	119.072
	=	0.24

GoldMoney (STU:9BT0) 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.

GoldMoney Debt-to-Equity Related Terms

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

GoldMoney (STU:9BT0) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » GoldMoney Inc (STU:9BT0) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

XAUMF:USA XAU:Canada

Address

334 Adelaide Street West, Suite 307, Toronto, ON, CAN, M5V 1R4

Website

https://www.goldmoney.com

GoldMoney Inc is engaged in precious metal focused global business. It operates through subsidiaries and is engaged in precious metal sales to its clients, including arranging delivery and storage of precious metals for its clients, coin retailing, and lending. Goldmoney has a client base in more than a hundred countries and holds precious metal assets. The company's operating subsidiaries include Goldmoney.com and SchiffGold.com. In addition to the company's principal business segments, the company holds a significant interest in Mene Inc., which crafts pure 24-karat gold and platinum investment jewelry that is sold by gram weight. Through these businesses and other investment activities, the firm gains long-term exposure to precious metals.

GoldMoney (STU:9BT0) Headlines

No Headlines