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NetCents Technology (XCNQ:NC) Debt-to-Equity : 1.82 (As of Jul. 2020)


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What is NetCents Technology Debt-to-Equity?

NetCents Technology's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jul. 2020 was C$0.65 Mil. NetCents Technology's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jul. 2020 was C$1.26 Mil. NetCents Technology's Total Stockholders Equity for the quarter that ended in Jul. 2020 was C$1.05 Mil. NetCents Technology's debt to equity for the quarter that ended in Jul. 2020 was 1.82.

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 NetCents Technology's Debt-to-Equity or its related term are showing as below:

XCNQ:NC's Debt-to-Equity is not ranked *
in the Software industry.
Industry Median: 0.21
* Ranked among companies with meaningful Debt-to-Equity only.

NetCents Technology Debt-to-Equity Historical Data

The historical data trend for NetCents Technology'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.

NetCents Technology Debt-to-Equity Chart

NetCents Technology Annual Data
Trend Oct15 Oct16 Oct17 Oct18 Oct19
Debt-to-Equity
-0.23 -0.23 -0.07 -1.87 -0.01

NetCents Technology Quarterly Data
Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20
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 0.09 -0.01 -0.97 -0.82 1.82

Competitive Comparison of NetCents Technology's Debt-to-Equity

For the Software - Infrastructure subindustry, NetCents Technology'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.


NetCents Technology's Debt-to-Equity Distribution in the Software Industry

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

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



NetCents Technology Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

NetCents Technology's Debt to Equity Ratio for the fiscal year that ended in Oct. 2019 is calculated as

NetCents Technology's Debt to Equity Ratio for the quarter that ended in Jul. 2020 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.


NetCents Technology  (XCNQ:NC) 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.


NetCents Technology Debt-to-Equity Related Terms

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


NetCents Technology (XCNQ:NC) Business Description

Traded in Other Exchanges
N/A
Address
350-375 Water Street, Vancouver, BC, CAN, V6B 5C6
NetCents Technology Inc is engaged in software development for the payment processing industry. It helps in KYC, AML, IP Verification, eWallets, Merchant Gateway, Blockchain and Cryptocurrency Technology, Risk and Fraud Reduction, and Instant Settlements.