PowerTap Hydrogen Capital (PowerTap Hydrogen Capital) Debt-to-Equity : -0.06 (As of Dec. 2023)

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What is PowerTap Hydrogen Capital Debt-to-Equity?

PowerTap Hydrogen Capital's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.14 Mil. PowerTap Hydrogen Capital's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil. PowerTap Hydrogen Capital's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $-2.48 Mil. PowerTap Hydrogen Capital's debt to equity for the quarter that ended in Dec. 2023 was -0.06.

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 PowerTap Hydrogen Capital's Debt-to-Equity or its related term are showing as below:

MOTNF' s Debt-to-Equity Range Over the Past 10 Years
Min: -28.48 Med: -0.06 Max: 3.46
Current: -0.06

During the past 13 years, the highest Debt-to-Equity Ratio of PowerTap Hydrogen Capital was 3.46. The lowest was -28.48. And the median was -0.06.

MOTNF's Debt-to-Equity is not ranked
in the Utilities - Independent Power Producers industry.
Industry Median: 0.845 vs MOTNF: -0.06

PowerTap Hydrogen Capital Debt-to-Equity Historical Data

The historical data trend for PowerTap Hydrogen Capital'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.

PowerTap Hydrogen Capital Debt-to-Equity Chart

PowerTap Hydrogen Capital Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Debt-to-Equity

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0.01

0.02

-0.13

PowerTap Hydrogen Capital Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.01	0.03	-0.13	-0.06	-0.06

Competitive Comparison of PowerTap Hydrogen Capital's Debt-to-Equity

For the Utilities - Renewable subindustry, PowerTap Hydrogen Capital'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.

PowerTap Hydrogen Capital's Debt-to-Equity Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, PowerTap Hydrogen Capital's Debt-to-Equity distribution charts can be found below:

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

PowerTap Hydrogen Capital Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

PowerTap Hydrogen Capital's Debt to Equity Ratio for the fiscal year that ended in Jun. 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
	=	(0.208	+	0)	/	-1.656
	=	-0.13

PowerTap Hydrogen Capital'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
	=	(0.142	+	0)	/	-2.482
	=	-0.06

PowerTap Hydrogen Capital (OTCPK:MOTNF) 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.

PowerTap Hydrogen Capital Debt-to-Equity Related Terms

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