Athena Bitcoin Global (Athena Bitcoin Global) Debt-to-Equity : 3.04 (As of Sep. 2023)

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What is Athena Bitcoin Global Debt-to-Equity?

Athena Bitcoin Global's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $10.33 Mil. Athena Bitcoin Global's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $13.75 Mil. Athena Bitcoin Global's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $7.93 Mil. Athena Bitcoin Global's debt to equity for the quarter that ended in Sep. 2023 was 3.04.

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 Athena Bitcoin Global's Debt-to-Equity or its related term are showing as below:

ABIT' s Debt-to-Equity Range Over the Past 10 Years
Min: 3.04 Med: 3.04 Max: 3.04
Current: 3.04

During the past 11 years, the highest Debt-to-Equity Ratio of Athena Bitcoin Global was 3.04. The lowest was 3.04. And the median was 3.04.

ABIT's Debt-to-Equity is ranked worse than
92.6% of 608 companies
in the Capital Markets industry
Industry Median: 0.38 vs ABIT: 3.04

Athena Bitcoin Global Debt-to-Equity Historical Data

The historical data trend for Athena Bitcoin Global'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.

Athena Bitcoin Global Debt-to-Equity Chart

Athena Bitcoin Global Annual Data

Trend

Dec04

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Debt-to-Equity

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Athena Bitcoin Global Quarterly Data
	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Sep22	Sep23
Debt-to-Equity	Get a 7-Day Free Trial															-	-	-	N/A	3.04

Competitive Comparison of Athena Bitcoin Global's Debt-to-Equity

For the Capital Markets subindustry, Athena Bitcoin Global'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.

Athena Bitcoin Global's Debt-to-Equity Distribution in the Capital Markets Industry

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

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

Athena Bitcoin Global Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Athena Bitcoin Global's Debt to Equity Ratio for the fiscal year that ended in Dec. 2013 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	+	0)	/	-1.414
	=	0.00

Athena Bitcoin Global'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
	=	(10.333	+	13.752)	/	7.928
	=	3.04

Athena Bitcoin Global (OTCPK:ABIT) 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.

Athena Bitcoin Global Debt-to-Equity Related Terms

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Athena Bitcoin Global (Athena Bitcoin Global) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Athena Bitcoin Global (OTCPK:ABIT) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

1332 N Halsted Street, Suite 403, Chicago, IL, USA, 60642

Website

https://www.athenabitcoin.com

Athena Bitcoin Global is engaged in the cryptocurrency business. The company operates Bitcoin and other crypto ATMs throughout North and South America.

Athena Bitcoin Global (Athena Bitcoin Global) Headlines

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