Integrated Cyber Solutions (XCNQ:ICS) Debt-to-Equity : -0.27 (As of Mar. 2024)

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What is Integrated Cyber Solutions Debt-to-Equity?

Integrated Cyber Solutions's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was C$0.32 Mil. Integrated Cyber Solutions's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was C$0.02 Mil. Integrated Cyber Solutions's Total Stockholders Equity for the quarter that ended in Mar. 2024 was C$-1.25 Mil. Integrated Cyber Solutions's debt to equity for the quarter that ended in Mar. 2024 was -0.27.

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 Integrated Cyber Solutions's Debt-to-Equity or its related term are showing as below:

XCNQ:ICS' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.48 Med: -0.27 Max: 0.27
Current: -0.27

During the past 2 years, the highest Debt-to-Equity Ratio of Integrated Cyber Solutions was 0.27. The lowest was -0.48. And the median was -0.27.

XCNQ:ICS's Debt-to-Equity is not ranked
in the Software industry.
Industry Median: 0.22 vs XCNQ:ICS: -0.27

Integrated Cyber Solutions Debt-to-Equity Historical Data

The historical data trend for Integrated Cyber Solutions'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.

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Integrated Cyber Solutions Debt-to-Equity Chart

Integrated Cyber Solutions Annual Data

Trend

Jun22

Jun23

Debt-to-Equity

7.62

-0.46

Integrated Cyber Solutions Quarterly Data
	Mar22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial			0.25	0.27	-0.46	-0.48	-0.27

Competitive Comparison of Integrated Cyber Solutions's Debt-to-Equity

For the Software - Infrastructure subindustry, Integrated Cyber Solutions'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.

Integrated Cyber Solutions's Debt-to-Equity Distribution in the Software Industry

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

* The bar in red indicates where Integrated Cyber Solutions's Debt-to-Equity falls into.

Integrated Cyber Solutions Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Integrated Cyber Solutions's Debt to Equity Ratio for the fiscal year that ended in Jun. 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
	=	(0.066	+	0.28)	/	-0.752
	=	-0.46

Integrated Cyber Solutions'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
	=	(0.315	+	0.018)	/	-1.249
	=	-0.27

Integrated Cyber Solutions (XCNQ:ICS) 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.

Integrated Cyber Solutions Debt-to-Equity Related Terms

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Integrated Cyber Solutions Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Integrated Cyber Solutions Inc (XCNQ:ICS) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

IGCRF:USA

Address

1 Stiles Road, Salem, NH, USA, 03079

Website

https://www.integrated-cyber.com

Integrated Cyber Solutions Inc delivers cyber services to small-to-medium businesses by integrating various third-party security service providers into the IC360 operating system. In addition to providing key cybersecurity services, Integrated Cyber correlates information across multiple siloed platforms in their customers' environments to help them understand and manage their environments with simple, understandable, and actionable insights. The company emphasizes the human side of cybersecurity management, simplifying cyber concepts, and focusing on the critical role employee behavior plays in a company's cyber defenses. Its services include Vulnerability Management, MDR/XDR, and Cyber Training and awareness.

Integrated Cyber Solutions Headlines

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