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Mobilum Technologies (XCNQ:MBLM) Debt-to-Equity : -0.11 (As of Nov. 2023)


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What is Mobilum Technologies Debt-to-Equity?

Mobilum Technologies's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2023 was C$0.00 Mil. Mobilum Technologies's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2023 was C$0.18 Mil. Mobilum Technologies's Total Stockholders Equity for the quarter that ended in Nov. 2023 was C$-1.68 Mil. Mobilum Technologies's debt to equity for the quarter that ended in Nov. 2023 was -0.11.

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

XCNQ:MBLM' s Debt-to-Equity Range Over the Past 10 Years
Min: -3.7   Med: -0.04   Max: 0.06
Current: -0.11

During the past 12 years, the highest Debt-to-Equity Ratio of Mobilum Technologies was 0.06. The lowest was -3.70. And the median was -0.04.

XCNQ:MBLM's Debt-to-Equity is not ranked
in the Software industry.
Industry Median: 0.21 vs XCNQ:MBLM: -0.11

Mobilum Technologies Debt-to-Equity Historical Data

The historical data trend for Mobilum Technologies'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.

Mobilum Technologies Debt-to-Equity Chart

Mobilum Technologies Annual Data
Trend May13 May14 May15 May16 May17 Nov18 Feb20 Feb21 Feb22 Feb23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only - -1.30 -0.42 0.01 -0.16

Mobilum Technologies Quarterly Data
Nov18 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 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 - -0.16 -3.70 -0.13 -0.11

Competitive Comparison of Mobilum Technologies's Debt-to-Equity

For the Software - Infrastructure subindustry, Mobilum Technologies'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.


Mobilum Technologies's Debt-to-Equity Distribution in the Software Industry

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

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



Mobilum Technologies Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Mobilum Technologies's Debt to Equity Ratio for the fiscal year that ended in Feb. 2023 is calculated as

Mobilum Technologies'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.


Mobilum Technologies  (XCNQ:MBLM) 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.


Mobilum Technologies Debt-to-Equity Related Terms

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


Mobilum Technologies (XCNQ:MBLM) Business Description

Traded in Other Exchanges
Address
700-838 W Hastings Street, Vancouver, BC, CAN, V6C 0A6
Mobilum Technologies Inc is a fintech company that builds powerful yet simple integrations for small and large businesses to accept payments and manage their cryptocurrency businesses online.
Executives
Wojciech Kaszycki 10% Security Holder, Director

Mobilum Technologies (XCNQ:MBLM) Headlines

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