Vocodia Holdings (Vocodia Holdings) Debt-to-Equity : 0.37 (As of Mar. 2024)

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What is Vocodia Holdings Debt-to-Equity?

Vocodia Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.11 Mil. Vocodia Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.21 Mil. Vocodia Holdings's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $0.86 Mil. Vocodia Holdings's debt to equity for the quarter that ended in Mar. 2024 was 0.37.

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

VHAI' s Debt-to-Equity Range Over the Past 10 Years
Min: -10.28 Med: 0.37 Max: 0.89
Current: 0.37

During the past 4 years, the highest Debt-to-Equity Ratio of Vocodia Holdings was 0.89. The lowest was -10.28. And the median was 0.37.

VHAI's Debt-to-Equity is ranked worse than
63.97% of 2215 companies
in the Software industry
Industry Median: 0.21 vs VHAI: 0.37

Vocodia Holdings Debt-to-Equity Historical Data

The historical data trend for Vocodia Holdings'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.

Vocodia Holdings Debt-to-Equity Chart

Vocodia Holdings Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

0.46

0.89

-1.11

Vocodia Holdings Quarterly Data
	Dec20	Sep21	Dec21	Sep22	Dec22	Mar23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial			-10.28	0.89	N/A	-1.11	0.37

Competitive Comparison of Vocodia Holdings's Debt-to-Equity

For the Software - Infrastructure subindustry, Vocodia Holdings'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.

Vocodia Holdings's Debt-to-Equity Distribution in the Software Industry

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

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

Vocodia Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Vocodia Holdings's Debt to Equity Ratio for the fiscal year 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
	=	(3.828	+	0.233)	/	-3.668
	=	-1.11

Vocodia Holdings's Debt to Equity Ratio for the quarter that ended in Mar. 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
	=	(0.107	+	0.207)	/	0.856
	=	0.37

Vocodia Holdings (BATS:VHAI) 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.

Vocodia Holdings Debt-to-Equity Related Terms

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Vocodia Holdings (Vocodia Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Vocodia Holdings Corp (BATS:VHAI) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

6401 Congress Avenue, Suite No. 160, Boca Raton, FL, USA, 33487

Website

Vocodia Holdings Corp is an AI software company that builds practical AI functions and makes them easily obtainable for businesses on cloud-based platform solutions at low costs and scalable to multiagent vast enterprise solutions..

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