Vita Mobile Systems (Vita Mobile Systems) Debt-to-Equity : 0.00 (As of . 20)

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What is Vita Mobile Systems Debt-to-Equity?

Vita Mobile Systems's Short-Term Debt & Capital Lease Obligation for the quarter that ended in . 20 was $0.00 Mil. Vita Mobile Systems's Long-Term Debt & Capital Lease Obligation for the quarter that ended in . 20 was $0.00 Mil. Vita Mobile Systems's Total Stockholders Equity for the quarter that ended in . 20 was $0.00 Mil.

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 Vita Mobile Systems's Debt-to-Equity or its related term are showing as below:

VMSI's Debt-to-Equity is not ranked ^*
in the Interactive Media industry.
Industry Median: 0.16
* Ranked among companies with meaningful Debt-to-Equity only.

Vita Mobile Systems Debt-to-Equity Historical Data

The historical data trend for Vita Mobile Systems'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.

Vita Mobile Systems Debt-to-Equity Chart

Vita Mobile Systems Annual Data

Trend

Debt-to-Equity

Vita Mobile Systems Quarterly Data

Debt-to-Equity

Competitive Comparison of Vita Mobile Systems's Debt-to-Equity

For the Internet Content & Information subindustry, Vita Mobile Systems'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.

Vita Mobile Systems's Debt-to-Equity Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Vita Mobile Systems's Debt-to-Equity distribution charts can be found below:

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

Vita Mobile Systems Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Vita Mobile Systems's Debt to Equity Ratio for the fiscal year that ended in . 20 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
	=	(	+	)	/	N/A
	=	N/A

Vita Mobile Systems's Debt to Equity Ratio for the quarter that ended in . 20 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
	=	(	+	)	/
	=	N/A

Vita Mobile Systems (OTCPK:VMSI) 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.

Vita Mobile Systems Debt-to-Equity Related Terms

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

Vita Mobile Systems (Vita Mobile Systems) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Vita Mobile Systems Inc (OTCPK:VMSI) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

2640 Main Street, Irvine, CA, USA, 92614

Website

https://www.vitamobilesystems.com

Vita Mobile Systems Inc is an internet technology and marketing company. It focuses on digital imaging and technology in mobile devices. The company's application VITA is for iOS and Android smart mobile devices that will illustrate locations and current events. The application introduced the use of a camera and reorganizes the process for posting pictures and videos.

Vita Mobile Systems (Vita Mobile Systems) Headlines

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