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WNFT (Worldwide NFT) Debt-to-Equity : 0.00 (As of Dec. 2023)


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What is Worldwide NFT Debt-to-Equity?

Worldwide NFT's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil. Worldwide NFT's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil. Worldwide NFT's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $-0.39 Mil. Worldwide NFT's debt to equity for the quarter that ended in Dec. 2023 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 Worldwide NFT's Debt-to-Equity or its related term are showing as below:

WNFT's Debt-to-Equity is not ranked *
in the Diversified Financial Services industry.
Industry Median: 0.15
* Ranked among companies with meaningful Debt-to-Equity only.

Worldwide NFT Debt-to-Equity Historical Data

The historical data trend for Worldwide NFT'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.

Worldwide NFT Debt-to-Equity Chart

Worldwide NFT Annual Data
Trend Jun12 Jun21 Jun22 Jun23
Debt-to-Equity
- - - -

Worldwide NFT Quarterly Data
Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - - - - -

Competitive Comparison of Worldwide NFT's Debt-to-Equity

For the Shell Companies subindustry, Worldwide NFT'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.


Worldwide NFT's Debt-to-Equity Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Worldwide NFT's Debt-to-Equity distribution charts can be found below:

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



Worldwide NFT Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Worldwide NFT's Debt to Equity Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Worldwide NFT's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

* 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.


Worldwide NFT  (OTCPK:WNFT) 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.


Worldwide NFT Debt-to-Equity Related Terms

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


Worldwide NFT Business Description

Traded in Other Exchanges
N/A
Address
3535 Executive Terminal Drive, Suite 150, Henderson, NV, USA, 89052
Website
Worldwide NFT Inc is a shell company.
Executives
Vasquez Serna Manuel Hernando director CARRERA 58, NO.75 - 159 OF #7, BARRANQUILLA F8 0000
Warwick Adam Calasse director, 10 percent owner, officer: Pres/CEO/Treas/Sec/CFO 24 GARDENER ROAD, ARCTURUS, RUWA Y5 0000

Worldwide NFT Headlines

No Headlines