Zoomd Technologies (TSXV:ZOMD) Debt-to-Equity : 0.45 (As of Sep. 2023)

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What is Zoomd Technologies Debt-to-Equity?

Zoomd Technologies's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was C$2.78 Mil. Zoomd Technologies's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was C$2.60 Mil. Zoomd Technologies's Total Stockholders Equity for the quarter that ended in Sep. 2023 was C$11.93 Mil. Zoomd Technologies's debt to equity for the quarter that ended in Sep. 2023 was 0.45.

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

TSXV:ZOMD' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.05 Med: 0.15 Max: 0.51
Current: 0.45

During the past 9 years, the highest Debt-to-Equity Ratio of Zoomd Technologies was 0.51. The lowest was 0.05. And the median was 0.15.

TSXV:ZOMD's Debt-to-Equity is ranked worse than
75.53% of 425 companies
in the Interactive Media industry
Industry Median: 0.15 vs TSXV:ZOMD: 0.45

Zoomd Technologies Debt-to-Equity Historical Data

The historical data trend for Zoomd 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.

Zoomd Technologies Debt-to-Equity Chart

Zoomd Technologies Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

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0.10

0.12

0.19

0.36

Zoomd Technologies Quarterly Data
	Oct18	Jan19	Apr19	Jul19	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															0.25	0.36	0.49	0.51	0.45

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

For the Internet Content & Information subindustry, Zoomd 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.

Zoomd Technologies's Debt-to-Equity Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Zoomd Technologies's Debt-to-Equity distribution charts can be found below:

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

Zoomd Technologies Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Zoomd Technologies'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
	=	(3.391	+	3.085)	/	17.779
	=	0.36

Zoomd Technologies'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
	=	(2.777	+	2.597)	/	11.928
	=	0.45

Zoomd Technologies (TSXV:ZOMD) 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.

Zoomd Technologies Debt-to-Equity Related Terms

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

Zoomd Technologies (TSXV:ZOMD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Zoomd Technologies Ltd (TSXV:ZOMD) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

ZMDTF:USA 3ZD:Germany

Address

333 Bay Street, Suite 3400, Toronto, ON, CAN, V7Y 1B3

Website

https://www.zoomd.com

Zoomd Technologies Ltd has developed a proprietary patented technology that targets the needs of many segments of the digital marketing industry. It focuses on efficient user acquisition for companies and products aimed at mobile users. The Company leverages onsite search providing increased monetization and engagement for publishers as well as more efficient management of digital advertising budgets for media agencies and advertisers, targeting usually mobile app user acquisition.

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