Blockchain Venture Capital (XCNQ:BVCI) Debt-to-Equity : -0.97 (As of Mar. 2024)

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What is Blockchain Venture Capital Debt-to-Equity?

Blockchain Venture Capital's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was C$2.17 Mil. Blockchain Venture Capital's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was C$0.06 Mil. Blockchain Venture Capital's Total Stockholders Equity for the quarter that ended in Mar. 2024 was C$-2.30 Mil. Blockchain Venture Capital's debt to equity for the quarter that ended in Mar. 2024 was -0.97.

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 Blockchain Venture Capital's Debt-to-Equity or its related term are showing as below:

XCNQ:BVCI' s Debt-to-Equity Range Over the Past 10 Years
Min: -1.71 Med: -0.9 Max: -0.56
Current: -0.97

During the past 6 years, the highest Debt-to-Equity Ratio of Blockchain Venture Capital was -0.56. The lowest was -1.71. And the median was -0.90.

XCNQ:BVCI's Debt-to-Equity is not ranked
in the Software industry.
Industry Median: 0.2 vs XCNQ:BVCI: -0.97

Blockchain Venture Capital Debt-to-Equity Historical Data

The historical data trend for Blockchain Venture Capital'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.

Blockchain Venture Capital Debt-to-Equity Chart

Blockchain Venture Capital Annual Data

Trend

Oct18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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-1.10

-0.99

-1.45

-0.56

-0.78

Blockchain Venture Capital Quarterly Data
	Oct18	Dec19	Dec20	Mar21	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial										-0.72	-0.71	-0.77	-0.78	-0.97

Competitive Comparison of Blockchain Venture Capital's Debt-to-Equity

For the Software - Infrastructure subindustry, Blockchain Venture Capital'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.

Blockchain Venture Capital's Debt-to-Equity Distribution in the Software Industry

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

* The bar in red indicates where Blockchain Venture Capital's Debt-to-Equity falls into.

Blockchain Venture Capital Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Blockchain Venture Capital'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
	=	(1.989	+	0.06)	/	-2.626
	=	-0.78

Blockchain Venture Capital'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
	=	(2.166	+	0.061)	/	-2.301
	=	-0.97

Blockchain Venture Capital (XCNQ:BVCI) 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.

Blockchain Venture Capital Debt-to-Equity Related Terms

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

Blockchain Venture Capital (XCNQ:BVCI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Blockchain Venture Capital Inc (XCNQ:BVCI) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

130 King Street West, Suite 1800, Toronto, ON, CAN, M5X 1E3

Website

https://www.bvcadt.com

Blockchain Venture Capital Inc is a financial services company. It is a provider of innovative technology infrastructure to participants in the emerging blockchain and distributed ledger technology industry.

Executives

Yongbiao Ding

Director

Blockchain Venture Capital (XCNQ:BVCI) Headlines

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