QuoteMedia (QuoteMedia) Debt-to-Equity : -0.46 (As of Dec. 2023)

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What is QuoteMedia Debt-to-Equity?

QuoteMedia's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.21 Mil. QuoteMedia's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.19 Mil. QuoteMedia's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $-0.86 Mil. QuoteMedia's debt to equity for the quarter that ended in Dec. 2023 was -0.46.

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

QMCI' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.58 Med: -0.44 Max: -0.04
Current: -0.46

During the past 13 years, the highest Debt-to-Equity Ratio of QuoteMedia was -0.04. The lowest was -0.58. And the median was -0.44.

QMCI's Debt-to-Equity is not ranked
in the Capital Markets industry.
Industry Median: 0.37 vs QMCI: -0.46

QuoteMedia Debt-to-Equity Historical Data

The historical data trend for QuoteMedia'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.

QuoteMedia Debt-to-Equity Chart

QuoteMedia Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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-0.48

-0.58

-0.42

-0.41

-0.46

QuoteMedia 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															-0.41	-0.41	-0.40	-0.48	-0.46

Competitive Comparison of QuoteMedia's Debt-to-Equity

For the Financial Data & Stock Exchanges subindustry, QuoteMedia'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.

QuoteMedia's Debt-to-Equity Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, QuoteMedia's Debt-to-Equity distribution charts can be found below:

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

QuoteMedia Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

QuoteMedia'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
	=	(0.206	+	0.192)	/	-0.86
	=	-0.46

QuoteMedia'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
	=	(0.206	+	0.192)	/	-0.86
	=	-0.46

QuoteMedia (OTCPK:QMCI) 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.

QuoteMedia Debt-to-Equity Related Terms

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

QuoteMedia (QuoteMedia) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » QuoteMedia Inc (OTCPK:QMCI) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

17100 East Shea Boulevard, Suite 230, Fountain Hills, AZ, USA, 85268

Website

https://www.quotemedia.com

QuoteMedia Inc is a provider of financial data, news feeds, market research information, and financial software solutions to online brokerages, clearing firms, banks, financial service companies, media portals, and public corporations. It is a single source for a wide array of market information and services, including streaming stock market data feeds, research and analysis information, content applications, portfolio management systems, software products, corporate investor relations provisioning, news services, wireless applications, and custom development. The company has three general product lines: Interactive Content and Data Applications, Data Feed Services, and Portfolio Management Systems.

Executives

David Shworan	director, officer: CEO	17100 SHEA BLVD STE 230, FOUNTAIN HILLS CA 85268
Keith J Randall	officer: CFO	11909 E BECKER LANE, SCOTTSDALE AZ 85259
Robert James Thompson	director
R Keith Guelpa	director, officer: Chief Executive Officer	17100 SHEA BLVD, SUITE 230, FOUNTAIN HILLS AZ 85268