InsuraGuest Technologies (TSXV:ISGI) Debt-to-Equity : -0.07 (As of Dec. 2023)

View and export this data going back to 2012. Start your Free Trial

What is InsuraGuest Technologies Debt-to-Equity?

InsuraGuest Technologies's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$0.05 Mil. InsuraGuest Technologies's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$0.00 Mil. InsuraGuest Technologies's Total Stockholders Equity for the quarter that ended in Dec. 2023 was C$-0.76 Mil. InsuraGuest Technologies's debt to equity for the quarter that ended in Dec. 2023 was -0.07.

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

TSXV:ISGI' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.08 Med: -0.07 Max: -0.03
Current: -0.07

During the past 12 years, the highest Debt-to-Equity Ratio of InsuraGuest Technologies was -0.03. The lowest was -0.08. And the median was -0.07.

TSXV:ISGI's Debt-to-Equity is not ranked
in the Software industry.
Industry Median: 0.21 vs TSXV:ISGI: -0.07

InsuraGuest Technologies Debt-to-Equity Historical Data

The historical data trend for InsuraGuest Technologies'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.

InsuraGuest Technologies Debt-to-Equity Chart

InsuraGuest Technologies Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Debt-to-Equity

Get a 7-Day Free Trial

InsuraGuest Technologies 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															-	-	-	-0.08	-0.07

Competitive Comparison of InsuraGuest Technologies's Debt-to-Equity

For the Software - Application subindustry, InsuraGuest Technologies'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.

InsuraGuest Technologies's Debt-to-Equity Distribution in the Software Industry

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

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

InsuraGuest Technologies Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

InsuraGuest Technologies's Debt to Equity Ratio for the fiscal year 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)	/	-0.355
	=	0.00

InsuraGuest Technologies'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
	=	(0.054	+	0)	/	-0.757
	=	-0.07

InsuraGuest Technologies (TSXV:ISGI) 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.

InsuraGuest Technologies Debt-to-Equity Related Terms

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

InsuraGuest Technologies (TSXV:ISGI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » InsuraGuest Technologies Inc (TSXV:ISGI) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

ISGIF:USA

Address

625 Howe Street, Suite 1140, Vancouver, BC, CAN, V6C 2T6

Website

https://www.insuraguest.com

InsuraGuest Technologies Inc is an insurtech (insurance + technology) company disrupting the insurance landscape by utilizing its proprietary software platform to deliver digital insurance to multiple sectors. Its products include InsuraGuest Hospitality and InsuraGuest Technologies' Insurtech Platform. It is a SaaS company utilizing proprietary insurance and technology software to integrate with hotel and vacation rental property management systems to deliver digital insurance products.

Executives

Logan Bruce Anderson

Director, Senior Officer