Cyngn (CYN) Debt-to-Equity : 0.09 (As of Dec. 2023)

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What is Cyngn Debt-to-Equity?

Cyngn's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.68 Mil. Cyngn's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.32 Mil. Cyngn's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $10.64 Mil. Cyngn's debt to equity for the quarter that ended in Dec. 2023 was 0.09.

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

CYN' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02 Med: 0.09 Max: 0.12
Current: 0.09

During the past 5 years, the highest Debt-to-Equity Ratio of Cyngn was 0.12. The lowest was 0.02. And the median was 0.09.

CYN's Debt-to-Equity is ranked better than
67.63% of 2224 companies
in the Software industry
Industry Median: 0.21 vs CYN: 0.09

Cyngn Debt-to-Equity Historical Data

The historical data trend for Cyngn'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.

Cyngn Debt-to-Equity Chart

Cyngn Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

0.12

0.02

0.09

Cyngn Quarterly Data
	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial											0.02	0.01	0.04	0.04	0.09

Competitive Comparison of Cyngn's Debt-to-Equity

For the Software - Application subindustry, Cyngn'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.

Cyngn's Debt-to-Equity Distribution in the Software Industry

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

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

Cyngn Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Cyngn's Debt to Equity Ratio for the fiscal year that ended in Dec. 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
	=	(0.683	+	0.317)	/	10.635
	=	0.09

Cyngn's Debt to Equity Ratio for the quarter that ended in Dec. 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
	=	(0.683	+	0.317)	/	10.635
	=	0.09

Cyngn (NAS:CYN) 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.

Cyngn Debt-to-Equity Related Terms

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

Cyngn (CYN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Cyngn Inc (NAS:CYN) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

1015 O’Brien Drive, Menlo Park, CA, USA, 94025

Website

https://www.cyngn.com

Cyngn Inc an industrial autonomous vehicle technology company. Its flagship innovation is DriveMod, an autonomous driving solution that can be flexibly deployed on multiple vehicle types in various environments.

Executives

Karen M Macleod	director	C/O TRACK GROUP, INC., 200 E 5TH AVENUE STE 100, NAPERVILLE IL 60563
Redpoint Associates Iv, Llc	10 percent owner	3000 SAND HILL ROAD, BUILDING 2, SUITE 290, MENLO PARK CA 94025
Andreessen Horowitz Fund Iii-q, L.p.	10 percent owner	2865 SAND HILL ROAD, SUITE 101, MENLO PARK CA 94025
Andreessen Horowitz Fund Iii, L.p.	10 percent owner	2865 SAND HILL ROAD, SUITE 101, MENLO PARK CA 94025
Andreessen Horowitz Fund Iii-b, L.p.	10 percent owner	2865 SAND HILL ROAD, SUITE 101, MENLO PARK CA 94025
Andreessen Horowitz Fund Iii-a, L.p.	10 percent owner	2865 SAND HILL ROAD, SUITE 101, MENLO PARK CA 94025
Ah Equity Partners Iii, L.l.c.	10 percent owner	2865 SAND HILL ROAD, SUITE 101, MENLO PARK CA 94025
Redpoint Ventures Iv, Llc	10 percent owner	3000 SAND HILL ROAD, BUILDING 2, SUITE 290, MENLO PARK CA 94025
Redpoint Ventures Iv, L.p.	10 percent owner	3000 SAND HILL ROAD, BUILDING 2, SUITE 290, MENLO PARK CA 94025
Benchmark Capital Partners Vii, L.p.	10 percent owner	2480 SAND HILL ROAD, SUITE 200, MENLO PARK CA 94025
Benchmark Founders' Fund Vii, L.p.	10 percent owner	2480 SAND HILL ROAD, SUITE 200, MENLO PARK CA 94025
Benchmark Founders' Fund Vii-b, L.p.	10 percent owner	2480 SAND HILL ROAD, SUITE 200, MENLO PARK CA 94025
James Mcdonnell	director	6001 36TH AVE WEST, EVERETT WA 98203-1264
Donald Alvarez	officer: Chief Financial Officer	1015 O'BRIEN DRIVE, MENLO PARK CA 94025
Cunningham Colleen	director	1015 O'BRIEN DRIVE, MENLO PARK CA 94025