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Numeral (XMAU:GOLI.N0000) Debt-to-Equity : -0.64 (As of Nov. 2023)


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What is Numeral Debt-to-Equity?

Numeral's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2023 was $0.16 Mil. Numeral's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2023 was $0.00 Mil. Numeral's Total Stockholders Equity for the quarter that ended in Nov. 2023 was $-0.25 Mil. Numeral's debt to equity for the quarter that ended in Nov. 2023 was -0.64.

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

XMAU:GOLI.N0000' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.64   Med: 0.11   Max: 0.28
Current: -0.64

During the past 10 years, the highest Debt-to-Equity Ratio of Numeral was 0.28. The lowest was -0.64. And the median was 0.11.

XMAU:GOLI.N0000's Debt-to-Equity is not ranked
in the Drug Manufacturers industry.
Industry Median: 0.3 vs XMAU:GOLI.N0000: -0.64

Numeral Debt-to-Equity Historical Data

The historical data trend for Numeral'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.

Numeral Debt-to-Equity Chart

Numeral Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Feb18 Feb19 Feb20 Feb21 Feb22
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.10 - - - -

Numeral Quarterly Data
May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 Nov19 Feb20 Aug20 Nov20 Feb21 Aug21 Nov21 Feb22 Aug22 Nov22 Aug23 Nov23
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 - - - - -0.64

Competitive Comparison of Numeral's Debt-to-Equity

For the Drug Manufacturers - Specialty & Generic subindustry, Numeral'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.


Numeral's Debt-to-Equity Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Numeral's Debt-to-Equity distribution charts can be found below:

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



Numeral Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Numeral's Debt to Equity Ratio for the fiscal year that ended in Feb. 2022 is calculated as

Numeral's Debt to Equity Ratio for the quarter that ended in Nov. 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.


Numeral  (XMAU:GOLI.N0000) 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.


Numeral Debt-to-Equity Related Terms

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


Numeral (XMAU:GOLI.N0000) Business Description

Traded in Other Exchanges
Address
142, Mosque Road, Midlands, MUS
Go Life International PCC is an investment holding group. It is principally engaged in the distribution of health products including natural products, supplements, and cosmeceuticals.

Numeral (XMAU:GOLI.N0000) Headlines

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