Inverite Insights (XCNQ:INVR) Debt-to-Equity : -1.02 (As of Sep. 2024)

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What is Inverite Insights Debt-to-Equity?

Inverite Insights's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was C$1.63 Mil. Inverite Insights's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was C$0.00 Mil. Inverite Insights's Total Stockholders Equity for the quarter that ended in Sep. 2024 was C$-1.60 Mil. Inverite Insights's debt to equity for the quarter that ended in Sep. 2024 was -1.02.

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 Inverite Insights's Debt-to-Equity or its related term are showing as below:

XCNQ:INVR' s Debt-to-Equity Range Over the Past 10 Years
Min: -5.78 Med: -1.8 Max: 134.42
Current: -1.02

During the past 5 years, the highest Debt-to-Equity Ratio of Inverite Insights was 134.42. The lowest was -5.78. And the median was -1.80.

XCNQ:INVR's Debt-to-Equity is not ranked
in the Credit Services industry.
Industry Median: 1.1 vs XCNQ:INVR: -1.02

Inverite Insights Debt-to-Equity Historical Data

The historical data trend for Inverite Insights'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.

Inverite Insights Debt-to-Equity Chart

Inverite Insights Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Debt-to-Equity

-5.78

-3.70

-5.04

-2.74

-2.23

Inverite Insights Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Jun24	Sep24
Debt-to-Equity	Get a 7-Day Free Trial															-1.05	-1.48	-2.18	-1.07	-1.02

Competitive Comparison of Inverite Insights's Debt-to-Equity

For the Credit Services subindustry, Inverite Insights'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.

Inverite Insights's Debt-to-Equity Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Inverite Insights's Debt-to-Equity distribution charts can be found below:

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

Inverite Insights Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Inverite Insights's Debt to Equity Ratio for the fiscal year that ended in Dec. 2021 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
	=	(1.424	+	5.179)	/	-2.964
	=	-2.23

Inverite Insights'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
	=	(1.63	+	0)	/	-1.602
	=	-1.02

Inverite Insights (XCNQ:INVR) 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.

Inverite Insights Debt-to-Equity Related Terms

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Inverite Insights Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Inverite Insights Inc (XCNQ:INVR) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

INVRF:USA 2V00:Germany

Address

999 Canada Place, Suite 404, Vancouver, BC, CAN, V6C 3E2.

Website

https://www.inverite.com

Inverite Insights Inc provides AI-driven software focusing on real-time financial data, which empowers business lenders and financial institutions to transact effectively for data enrichment, identify-KYC, risk management, and compliance. The company operates a cloud-based transactional and Risk Model as a Service (RMaaS) platform; and offers open banking and consumer-directed finance solutions, including banking verification solutions to the financial services industry for income verification, credit decisioning, fraud reduction, and know-your-client/anti-money laundering purposes.

Executives

Bradley Nixon Scharfe	10% Security Holder
Michele Marrandino	10% Security Holder, Director, Senior Officer

Inverite Insights Headlines

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