VSST (Voice Assist) Debt-to-Equity: -0.51 (As of Sep. 2013)

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What is Voice Assist Debt-to-Equity?

Voice Assist VSST +9.02% Debt-to-Equity is -0.51 as of Sep. 2013.

Voice Assist's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2013 was $0.76 Mil. Voice Assist's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2013 was $0.00 Mil. Voice Assist's Total Stockholders Equity for the quarter that ended in Sep. 2013 was $-1.51 Mil. Voice Assist's debt to equity for the quarter that ended in Sep. 2013 was -0.51.

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

VSST's Debt-to-Equity is not ranked *
in the Software industry.
Industry Median: 0.19
* Ranked among companies with meaningful Debt-to-Equity only.

Voice Assist  (OTCPK:VSST) 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.

Voice Assist Debt-to-Equity Related Terms

Voice Assist Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Voice Assist'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.

Voice Assist Debt-to-Equity Chart

Voice Assist Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12
Debt-to-Equity
-0.07 -0.01 2.33 0.00 0.00

Voice Assist Quarterly Data
Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.01 0.00 -0.10 -0.33 -0.51

VSST vs FULO, DIRV, TOWTF: Debt-to-Equity Comparison

For the Software - Application subindustry, Voice Assist'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.

Voice Assist Debt-to-Equity vs Software Industry

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

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


Voice Assist Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Voice Assist's Debt to Equity Ratio for the fiscal year that ended in Dec. 2012 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) / -0.368
=0.00

Voice Assist's Debt to Equity Ratio for the quarter that ended in Sep. 2013 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
=(0.762 + 0) / -1.507
=-0.51

* 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of -0.51 mean?
Voice Assist (VSST) has a Debt-to-Equity of -0.51 as of Sep. 2013. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Voice Assist and its competitors.
Is Voice Assist's Debt-to-Equity too high?
Voice Assist's current Debt-to-Equity is -0.51.
How does Voice Assist's Debt-to-Equity compare to FULO and DIRV?
Voice Assist's Debt-to-Equity of -0.51 can be compared against companies in the Software industry. The industry median Debt-to-Equity is 0.19. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Software company?
The median Debt-to-Equity among Software companies is 0.19, based on 2,245 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Voice Assist and its competitors. For the Software industry, the median Debt-to-Equity is 0.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Voice Assist's current Debt-to-Equity is -0.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Voice Assist stock overvalued right now?
Voice Assist (VSST) has a current Debt-to-Equity of -0.51. The current Debt-to-Equity is -0.51. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Voice Assist (VSST), the current Debt-to-Equity is -0.51 as of Sep. 2013. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Voice Assist Business Description

Address Raoul Wallenberg Street 20, Tel Aviv, ISR, 6971916
Voice Assist Inc provides hosted software services used by small business clients and individual salespeople and/or mobile professionals. Its technology originally focused on the use of voice commands to text, email, tweet, post, call, retrieve messages, manage communications and interact with CRM services by allowing them to read, write to databases by voice. The company is currently considering the completion and distribution of a music composition app. In addition, the company also holds an option to purchase 3 placer gold mining claims in the Spring Valley Mining District, Pershing County, Nevada.