Veea (VEEA) Debt-to-Equity : -0.76 (As of Dec. 2024)

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What is Veea Debt-to-Equity?

Veea's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was $12.82 Mil. Veea's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was $0.10 Mil. Veea's Total Stockholders Equity for the quarter that ended in Dec. 2024 was $-17.02 Mil. Veea's debt to equity for the quarter that ended in Dec. 2024 was -0.76.

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

VEEA' s Debt-to-Equity Range Over the Past 10 Years
Min: -1.93 Med: -1.35 Max: -0.76
Current: -0.76

During the past 2 years, the highest Debt-to-Equity Ratio of Veea was -0.76. The lowest was -1.93. And the median was -1.35.

VEEA's Debt-to-Equity is not ranked
in the Software industry.
Industry Median: 0.2 vs VEEA: -0.76

Veea Debt-to-Equity Historical Data

The historical data trend for Veea'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.

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Veea Debt-to-Equity Chart

Veea Annual Data

Trend

Dec23

Dec24

Debt-to-Equity

-1.93

-0.76

Veea Quarterly Data
	Sep23	Dec23	Jun24	Sep24	Dec24
Debt-to-Equity	N/A	-1.93	-1.87	-1.66	-0.76

Competitive Comparison of Veea's Debt-to-Equity

For the Information Technology Services subindustry, Veea'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.

Veea's Debt-to-Equity Distribution in the Software Industry

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

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

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Veea Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Veea'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
	=	(12.822	+	0.097)	/	-17.024
	=	-0.76

Veea'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
	=	(12.822	+	0.097)	/	-17.024
	=	-0.76

Veea (NAS:VEEA) 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.

Veea Debt-to-Equity Related Terms

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Veea Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Veea Inc (NAS:VEEA) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

164 East 83rd Street, New York, NY, USA, 10028

Website

https://www.veea.com

Veea Inc is a company providing edge platform having extensive knowledge and expertise on content delivery and edge computing, and has brought a broad range of Wi-Fi, 4G/5G mobile wireless, and IoT products to market over the past two decades. It has first-in-class VeeaHub smart computing hubs integrate a full range of connectivity options, application processing power, and a full security stack to form an elastic edge computing platform with a dynamic connectivity and application mesh that can easily be deployed and centrally managed from the cloud.