VS (Versus Systems) Debt-to-Equity : 0.00 (As of Sep. 2024)

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What is Versus Systems Debt-to-Equity?

Versus Systems's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $0.00 Mil. Versus Systems's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $0.00 Mil. Versus Systems's Total Stockholders Equity for the quarter that ended in Sep. 2024 was $8.90 Mil. Versus Systems's debt to equity for the quarter that ended in Sep. 2024 was 0.00.

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

During the past 13 years, the highest Debt-to-Equity Ratio of Versus Systems was 4.19. The lowest was -0.66. And the median was 0.19.

VS's Debt-to-Equity is not ranked ^*
in the Software industry.
Industry Median: 0.205
* Ranked among companies with meaningful Debt-to-Equity only.

Versus Systems Debt-to-Equity Historical Data

The historical data trend for Versus 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.

Versus Systems Debt-to-Equity Chart

Versus Systems Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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3.01

1.28

0.14

0.25

Versus Systems 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															0.14	-	-	-	-

Competitive Comparison of Versus Systems's Debt-to-Equity

For the Software - Application subindustry, Versus 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.

Versus Systems's Debt-to-Equity Distribution in the Software Industry

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

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

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Versus Systems Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Versus Systems'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
	=	(0	+	0)	/	11.944
	=	0.00

Versus Systems's Debt to Equity Ratio for the quarter that ended in Sep. 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	+	0)	/	8.901
	=	0.00

Versus Systems (NAS:VS) 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.

Versus Systems Debt-to-Equity Related Terms

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

Versus Systems Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Versus Systems Inc (NAS:VS) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

1558 West Hastings Street, Vancouver, BC, CAN, V6G 3J4

Website

https://www.versussystems.com

Versus Systems Inc offers a suite of proprietary business-to-business software tools that are meant to drive user engagement through gamification and rewards. These tools allow its partners to offer in-game prizes and rewards, including merchandise, coupons, digital goods, and sweepstakes entries - inside their websites, their venues, or their streaming media content. Its customers are mostly sports teams, venues, and advertising agencies, which typically use its products as part of their live events or as part of an advertising campaign with the goal of engaging fans, increasing consented first-party data, and increasing sales. The company operates in Canada and the USA.