ATW Tech (TSXV:ATW) Debt-to-Equity : 3.26 (As of Sep. 2023)

View and export this data going back to 2008. Start your Free Trial

What is ATW Tech Debt-to-Equity?

ATW Tech's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was C$2.51 Mil. ATW Tech's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was C$0.08 Mil. ATW Tech's Total Stockholders Equity for the quarter that ended in Sep. 2023 was C$0.80 Mil. ATW Tech's debt to equity for the quarter that ended in Sep. 2023 was 3.26.

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

TSXV:ATW' s Debt-to-Equity Range Over the Past 10 Years
Min: -2.41 Med: 0.17 Max: 4.81
Current: 3.26

During the past 13 years, the highest Debt-to-Equity Ratio of ATW Tech was 4.81. The lowest was -2.41. And the median was 0.17.

TSXV:ATW's Debt-to-Equity is ranked worse than
96.39% of 2218 companies
in the Software industry
Industry Median: 0.21 vs TSXV:ATW: 3.26

ATW Tech Debt-to-Equity Historical Data

The historical data trend for ATW Tech'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.

ATW Tech Debt-to-Equity Chart

ATW Tech Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

Get a 7-Day Free Trial

1.37

-1.43

0.16

1.61

-0.99

ATW Tech Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial															-1.01	-0.99	-0.85	-1.21	3.26

Competitive Comparison of ATW Tech's Debt-to-Equity

For the Software - Infrastructure subindustry, ATW Tech'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.

ATW Tech's Debt-to-Equity Distribution in the Software Industry

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

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

ATW Tech Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

ATW Tech's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 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
	=	(1.262	+	0)	/	-1.28
	=	-0.99

ATW Tech's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(2.509	+	0.084)	/	0.795
	=	3.26

ATW Tech (TSXV:ATW) 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.

ATW Tech Debt-to-Equity Related Terms

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

ATW Tech (TSXV:ATW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » ATW Tech Inc (TSXV:ATW) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

1050 de la Montagne Street, Suite 400, Montreal, QC, CAN, H3G 1Y8

Website

https://www.atwtech.com

ATW Tech Inc is a financial technology company owning several web platforms including VoxTel, VuduMobile, Option.vote and Bloomed. The Communication segment offers various interactive communication and payment solutions, including carrier billing. Its Psychometric assessment segment offered assistance to businesses and mass markets in talent optimization and human capital development. Geographic segments include Canada, the United States, Europe, and other countries of which Europe region generates maximum revenue.