Vertiqal Studios (TSX:VRTS) Debt-to-Equity : -1.41 (As of Dec. 2024)

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What is Vertiqal Studios Debt-to-Equity?

Vertiqal Studios's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was C$4.76 Mil. Vertiqal Studios's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was C$0.88 Mil. Vertiqal Studios's Total Stockholders Equity for the quarter that ended in Dec. 2024 was C$-4.00 Mil. Vertiqal Studios's debt to equity for the quarter that ended in Dec. 2024 was -1.41.

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

TSX:VRTS' s Debt-to-Equity Range Over the Past 10 Years
Min: -2.8 Med: -0.76 Max: 0.12
Current: -1.41

During the past 6 years, the highest Debt-to-Equity Ratio of Vertiqal Studios was 0.12. The lowest was -2.80. And the median was -0.76.

TSX:VRTS's Debt-to-Equity is not ranked
in the Interactive Media industry.
Industry Median: 0.13 vs TSX:VRTS: -1.41

Vertiqal Studios Debt-to-Equity Historical Data

The historical data trend for Vertiqal Studios'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.

Vertiqal Studios Debt-to-Equity Chart

Vertiqal Studios Annual Data

Trend

Nov19

Nov20

Dec21

Dec22

Dec23

Dec24

Debt-to-Equity

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0.12

-2.80

-1.41

Vertiqal Studios Quarterly Data
	Feb20	May20	Aug20	Nov20	Feb21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Debt-to-Equity	Get a 7-Day Free Trial															-2.80	-2.27	-1.90	-1.58	-1.41

Competitive Comparison of Vertiqal Studios's Debt-to-Equity

For the Electronic Gaming & Multimedia subindustry, Vertiqal Studios'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.

Vertiqal Studios's Debt-to-Equity Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Vertiqal Studios's Debt-to-Equity distribution charts can be found below:

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

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Vertiqal Studios Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Vertiqal Studios's Debt to Equity Ratio for the fiscal year that ended in Dec. 2024 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
	=	(4.764	+	0.876)	/	-3.997
	=	-1.41

Vertiqal Studios's Debt to Equity Ratio for the quarter that ended in Dec. 2024 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
	=	(4.764	+	0.876)	/	-3.997
	=	-1.41

Vertiqal Studios (TSX:VRTS) 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.

Vertiqal Studios Debt-to-Equity Related Terms

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Vertiqal Studios Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Vertiqal Studios Corp (TSX:VRTS) » Definitions » Debt-to-Equity

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VERTF:USA

Address

120 Carlton Street, Suite 405, Toronto, ON, CAN, M5A 4K2

Website

https://www.vertiqalstudios.com

Vertiqal Studios Corp is an owned and operated digital-channel network and video-production studio. Specializing in the creation of viral videos, Vertiqal produces and distributes 100+ videos daily across 66 owned-and-operated channels, utilizing TV economics to monetize TikTok and Instagram, and revenue-share with OTT platforms such as Snapchat. Its strategic focus is producing high-performing organic (not paid) video across its channels in order to continue building its audience.

Executives

Carriage House Wealth Ltd.	10% Security Holder
Maximilien Desmarais	Senior Officer
Kevin David Cooper	Director, Director or Senior Officer of 10% Security Holder