Ault Disruptive Technologies (Ault Disruptive Technologies) Debt-to-Equity : -0.17 (As of Dec. 2023)

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What is Ault Disruptive Technologies Debt-to-Equity?

Ault Disruptive Technologies's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.55 Mil. Ault Disruptive Technologies's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil. Ault Disruptive Technologies's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $-3.27 Mil. Ault Disruptive Technologies's debt to equity for the quarter that ended in Dec. 2023 was -0.17.

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

ADRT' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.17 Med: -0.17 Max: -0.17
Current: -0.17

During the past 3 years, the highest Debt-to-Equity Ratio of Ault Disruptive Technologies was -0.17. The lowest was -0.17. And the median was -0.17.

ADRT's Debt-to-Equity is not ranked
in the Diversified Financial Services industry.
Industry Median: 0.12 vs ADRT: -0.17

Ault Disruptive Technologies Debt-to-Equity Historical Data

The historical data trend for Ault Disruptive 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.

Ault Disruptive Technologies Debt-to-Equity Chart

Ault Disruptive Technologies Annual Data

Trend

Dec21

Dec22

Dec23

Debt-to-Equity

-0.17

Ault Disruptive Technologies Quarterly Data
	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial							-	-	-	-0.11	-0.17

Competitive Comparison of Ault Disruptive Technologies's Debt-to-Equity

For the Shell Companies subindustry, Ault Disruptive 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.

Ault Disruptive Technologies's Debt-to-Equity Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Ault Disruptive Technologies's Debt-to-Equity distribution charts can be found below:

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

Ault Disruptive Technologies Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Ault Disruptive Technologies'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
	=	(0.55	+	0)	/	-3.265
	=	-0.17

Ault Disruptive Technologies'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
	=	(0.55	+	0)	/	-3.265
	=	-0.17

Ault Disruptive Technologies (AMEX:ADRT) 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.

Ault Disruptive Technologies Debt-to-Equity Related Terms

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Ault Disruptive Technologies (Ault Disruptive Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Ault Disruptive Technologies Corp (AMEX:ADRT) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

11411 Southern Highlands Parkway, Suite 240, Las Vegas, NV, USA, 89141

Website

https://www.aultdisruptive.com/

Ault Disruptive Technologies Corp is a blank check company.

Executives

Ault Milton C Iii	director	11411 SOUTHERN HIGHLANDS PARKWAY, SUITE 240, LAS VEGAS NV 89141
Robert O Smith	director	DIGITAL POWER CORPORATION, 41920 CHRISTY STREET, FREMONT CA 94538
William B. Horne	director, officer: Chief Executive Officer	C/O AULT ALLIANCE, INC., 940 SOUTH COAST DRIVE, SUITE 200, COSTA MESA CA 92626
Jeffrey Allen Bentz	director	107 E BONITA WAY, TEMPE AZ 85281
Henry Carl Nisser	director, officer: President and General Counsel	100 PARK AVENUE, SUITE 1658A, NEW YORK NY 10017
Kenneth S Cragun	officer: Chief Financial Officer	3775 CHIPPEWA CIRCLE, CORONA CA 92881
David J Katzoff	officer: Vice President - Finance	201 SHIPYARD WAY, NEWPORT BEACH CA 92663
Mark Gustafson	director	10691 ROSECROFT CRESCENT, RICHMOND A1 V7A 2H9
Ault Disruptive Technologies Company, Llc	10 percent owner	11411 SOUTHERN HIGHLANDS PKWY, SUITE 240, LAS VEGAS NV 89141
Mark Christian Nelson	director	C/O AULT DISRUPTIVE TECHNOLOGIES CORP, 11411 SOUTHERN HIGHLANDS, PKWY 240, LAS VEGAS NV 89141

Ault Disruptive Technologies (Ault Disruptive Technologies) Headlines

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