Venzee Technologies (TSXV:VENZ) Debt-to-Equity : -0.70 (As of Dec. 2023)

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What is Venzee Technologies Debt-to-Equity?

Venzee Technologies's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$0.32 Mil. Venzee Technologies's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$0.69 Mil. Venzee Technologies's Total Stockholders Equity for the quarter that ended in Dec. 2023 was C$-1.45 Mil. Venzee Technologies's debt to equity for the quarter that ended in Dec. 2023 was -0.70.

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

TSXV:VENZ' s Debt-to-Equity Range Over the Past 10 Years
Min: -2.63 Med: 0.02 Max: 0.96
Current: -0.7

During the past 13 years, the highest Debt-to-Equity Ratio of Venzee Technologies was 0.96. The lowest was -2.63. And the median was 0.02.

TSXV:VENZ's Debt-to-Equity is not ranked
in the Software industry.
Industry Median: 0.21 vs TSXV:VENZ: -0.70

Venzee Technologies Debt-to-Equity Historical Data

The historical data trend for Venzee 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.

Venzee Technologies Debt-to-Equity Chart

Venzee Technologies Annual Data

Trend

Jul12

Jul13

Jul14

Jul15

Jul16

Jul17

Dec18

Dec19

Dec20

Dec21

Debt-to-Equity

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0.05

-0.49

0.04

0.12

Venzee Technologies Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															-0.26	-0.19	-0.41	-0.68	-0.70

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

For the Software - Infrastructure subindustry, Venzee 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.

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

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

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

Venzee Technologies Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Venzee Technologies'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
	=	(0.06	+	0)	/	0.492
	=	0.12

Venzee 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
	=	(0.318	+	0.694)	/	-1.445
	=	-0.70

Venzee Technologies (TSXV:VENZ) 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.

Venzee Technologies Debt-to-Equity Related Terms

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Venzee Technologies (TSXV:VENZ) Business Description

Industry

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

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VENZF:USA

Address

422 Richards Street, Suite 170, Vancouver, BC, CAN, V6B 2Z4

Website

https://www.venzee.com

Venzee Technologies Inc is engaged in developing software infrastructure retailers. It develops and markets a cloud-based platform that suppliers and manufacturers from multiple industries use to share their product information and inventory updates, in real-time, with their retailers. The Company operates in one operating segment, which is a cloud-based platform solution targeted to online retailers and vendors. Geographically, the company generates a majority of revenue from the United States.

Executives

Darren Battersby

Senior Officer

Venzee Technologies (TSXV:VENZ) Headlines

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