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Blockmate Ventures (TSXV:MATE) Debt-to-Equity : -0.95 (As of Sep. 2024)


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What is Blockmate Ventures Debt-to-Equity?

Blockmate Ventures's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was C$3.44 Mil. Blockmate Ventures's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was C$0.00 Mil. Blockmate Ventures's Total Stockholders Equity for the quarter that ended in Sep. 2024 was C$-3.62 Mil. Blockmate Ventures's debt to equity for the quarter that ended in Sep. 2024 was -0.95.

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

TSXV:MATE' s Debt-to-Equity Range Over the Past 10 Years
Min: -2.78   Med: -0.71   Max: 2.45
Current: -0.95

During the past 13 years, the highest Debt-to-Equity Ratio of Blockmate Ventures was 2.45. The lowest was -2.78. And the median was -0.71.

TSXV:MATE's Debt-to-Equity is not ranked
in the Capital Markets industry.
Industry Median: 0.3 vs TSXV:MATE: -0.95

Blockmate Ventures Debt-to-Equity Historical Data

The historical data trend for Blockmate Ventures'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.

Blockmate Ventures Debt-to-Equity Chart

Blockmate Ventures Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - -0.31 -1.38

Blockmate Ventures Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.15 -1.92 -2.78 -1.38 -0.95

Competitive Comparison of Blockmate Ventures's Debt-to-Equity

For the Capital Markets subindustry, Blockmate Ventures'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.


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

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

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



Blockmate Ventures Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Blockmate Ventures's Debt to Equity Ratio for the fiscal year that ended in Jun. 2024 is calculated as

Blockmate Ventures's Debt to Equity Ratio for the quarter that ended in Sep. 2024 is calculated as

* 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.


Blockmate Ventures  (TSXV:MATE) 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.


Blockmate Ventures Debt-to-Equity Related Terms

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


Blockmate Ventures Business Description

Traded in Other Exchanges
Address
505 Kootenay Street, Nelson, BC, CAN, V1L 1K9
Blockmate Ventures Inc is a Web3 incubator/venture creator focusing on clean energy and blockchain technology and decentralization businesses to provide greater utility, accessibility, and sustainability around everyday services.
Executives
Domenico Carosa Director

Blockmate Ventures Headlines

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