Apple iSports Group (Apple iSports Group) Debt-to-Equity : -0.53 (As of Dec. 2023)

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What is Apple iSports Group Debt-to-Equity?

Apple iSports Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $2.80 Mil. Apple iSports Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil. Apple iSports Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $-5.31 Mil. Apple iSports Group's debt to equity for the quarter that ended in Dec. 2023 was -0.53.

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 Apple iSports Group's Debt-to-Equity or its related term are showing as below:

AAPI' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.53 Med: -0.53 Max: -0.53
Current: -0.53

During the past 13 years, the highest Debt-to-Equity Ratio of Apple iSports Group was -0.53. The lowest was -0.53. And the median was -0.53.

AAPI's Debt-to-Equity is not ranked
in the Travel & Leisure industry.
Industry Median: 0.46 vs AAPI: -0.53

Apple iSports Group Debt-to-Equity Historical Data

The historical data trend for Apple iSports Group'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.

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Apple iSports Group Debt-to-Equity Chart

Apple iSports Group Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Dec23

Debt-to-Equity

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-0.53

Apple iSports Group Quarterly Data
	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															-	-	-0.74	-0.76	-0.53

Competitive Comparison of Apple iSports Group's Debt-to-Equity

For the Gambling subindustry, Apple iSports Group'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.

Apple iSports Group's Debt-to-Equity Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Apple iSports Group's Debt-to-Equity distribution charts can be found below:

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

Apple iSports Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Apple iSports Group'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
	=	(2.799	+	0)	/	-5.307
	=	-0.53

Apple iSports Group'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
	=	(2.799	+	0)	/	-5.307
	=	-0.53

Apple iSports Group (OTCPK:AAPI) 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.

Apple iSports Group Debt-to-Equity Related Terms

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Apple iSports Group (Apple iSports Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Apple iSports Group Inc (OTCPK:AAPI) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

552 Lonsdale Street, Level 7, Melbourne, VIC, AUS, 3000

Website

http://www.preventioninsurance.com

Prevention Insurance.com is a shell company. Its business is to pursue a business combination through acquisition, or merger with, an existing company.

Executives

Antonio Lococo	director, 10 percent owner, officer: CEO/CFO	113 ESPLANADE, ALTONA C3 3018
Copper Hill Assets, Inc.	10 percent owner	GROUND FLOOR COASTAL BUILDING, PO BOX 3169 ROAD TOEN, TORTOLA D8 VG1110
Metroworks Equity Sdn. Bdh.	10 percent owner	UNIT 604, UPTOWN 1, NO. 1, JALAN SS21/58, DAMANSARA, PETALING JAYA, SELANGAOR N8 47400
Chee Chau Ng	director, officer: Chief Executive Officer	LEVEL U1 BLOCK D2, UNIT D2-1-1 TO D2-1-9, SOLARIS DUTAMAS, JALAN DUTAMAS 1, KUALA LUMPUR N8 50480
Chee Chow Teow	10 percent owner	K1-G08 KENARI COURT, JALAN PANDAN INDAH 6/1, PANDAH INDAH, KUALA LUMPUR N8 55100
Ee Meng Teow	10 percent owner	K1-G08 KENARI COURT, JALAN PANDAN INDAH 6/1, PANDAH INDAH, KUALA LUMPUR N8 55100
Wooi Huat Teow	10 percent owner	K1-G08 KENARI COURT, JALAN PANDAN INDAH 6/1, PANDAH INDAH, KUALA LUMPUR N8 55100
Alan P Donenfeld	director, 10 percent owner, officer: President and Secretary	C/O PARAGON CAPITAL LP, 110 EAST 59TH STREET, 29TH FL, NEW YORK NY 10022
Paragon Capital Lp	10 percent owner	110 EAST 59TH ST 22ND FL, NEW YORK NY 10022

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