DataMetrex AI (TSXV:DM) Debt-to-Equity : 2.05 (As of Sep. 2024)

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What is DataMetrex AI Debt-to-Equity?

DataMetrex AI's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was C$1.13 Mil. DataMetrex AI's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was C$3.72 Mil. DataMetrex AI's Total Stockholders Equity for the quarter that ended in Sep. 2024 was C$2.36 Mil. DataMetrex AI's debt to equity for the quarter that ended in Sep. 2024 was 2.05.

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

TSXV:DM' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.11 Max: 5.55
Current: 2.05

During the past 11 years, the highest Debt-to-Equity Ratio of DataMetrex AI was 5.55. The lowest was 0.00. And the median was 0.11.

TSXV:DM's Debt-to-Equity is ranked worse than
93.62% of 2210 companies
in the Software industry
Industry Median: 0.22 vs TSXV:DM: 2.05

DataMetrex AI Debt-to-Equity Historical Data

The historical data trend for DataMetrex AI'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.

DataMetrex AI Debt-to-Equity Chart

DataMetrex AI Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Debt-to-Equity

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0.06

0.10

0.16

0.01

DataMetrex AI Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Jun24	Sep24
Debt-to-Equity	Get a 7-Day Free Trial															0.22	0.22	0.24	5.55	2.05

Competitive Comparison of DataMetrex AI's Debt-to-Equity

For the Information Technology Services subindustry, DataMetrex AI'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.

DataMetrex AI's Debt-to-Equity Distribution in the Software Industry

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

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

DataMetrex AI Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

DataMetrex AI'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
	=	(0.134	+	0.12)	/	32.489
	=	0.01

DataMetrex AI's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(1.131	+	3.723)	/	2.363
	=	2.05

DataMetrex AI (TSXV:DM) 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.

DataMetrex AI Debt-to-Equity Related Terms

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DataMetrex AI Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » DataMetrex AI Ltd (TSXV:DM) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

DTMXF:USA D4G:Germany

Address

2300 Yonge Street, Suite 2802, Toronto, ON, CAN, M4P 1E4

Website

https://www.datametrex.com

DataMetrex AI Ltd is a information technology company. The Company focuses on collecting, analyzing, and presenting structured and unstructured data using machine learning and artificial intelligence. The company is also engaged in blockchain technology for the collection, storage, transfer, analysis, and presentation of data. Its operating segments are AI & technology and Health Security segment. Its geographical segments are Canada and South Korea.

Executives

Chan Park	Director
Omar Sharif	Senior Officer
Paul Haber	Director
Andrew Jong Soo Ryu	10% Security Holder, Director, Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6), Senior Officer
Jerry Marshall Gunter	Senior Officer
Benjamin Gallander	Director
James Scott Peterson	Director
Dong Hyun Shim	Senior Officer
John A. D. Mcmullen	Director
Todd Michael Shapiro	Director
Byungjoo (steve) Kang	Senior Officer
Jeff Stevens	Senior Officer
Michael Frank	Senior Officer