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Ameritek Ventures (Ameritek Ventures) Debt-to-Equity : 12.53 (As of Dec. 2023)


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What is Ameritek Ventures Debt-to-Equity?

Ameritek Ventures's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.02 Mil. Ameritek Ventures's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1.93 Mil. Ameritek Ventures's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $0.16 Mil. Ameritek Ventures's debt to equity for the quarter that ended in Dec. 2023 was 12.53.

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

ATVK' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.85   Med: 5.96   Max: 12.53
Current: 12.53

During the past 10 years, the highest Debt-to-Equity Ratio of Ameritek Ventures was 12.53. The lowest was -0.85. And the median was 5.96.

ATVK's Debt-to-Equity is ranked worse than
99.43% of 2629 companies
in the Industrial Products industry
Industry Median: 0.29 vs ATVK: 12.53

Ameritek Ventures Debt-to-Equity Historical Data

The historical data trend for Ameritek Ventures'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.

Ameritek Ventures Debt-to-Equity Chart

Ameritek Ventures Annual Data
Trend May11 May12 May13 May14 May15 May16 May17 May18 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - -0.85 5.96 12.53

Ameritek Ventures Quarterly Data
May16 Aug16 Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.96 5.80 6.37 7.45 12.53

Competitive Comparison of Ameritek Ventures's Debt-to-Equity

For the Specialty Industrial Machinery subindustry, Ameritek Ventures'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.


Ameritek Ventures's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Ameritek Ventures's Debt-to-Equity distribution charts can be found below:

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



Ameritek Ventures Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Ameritek Ventures's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Ameritek Ventures's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

* 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.


Ameritek Ventures  (OTCPK:ATVK) 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.


Ameritek Ventures Debt-to-Equity Related Terms

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


Ameritek Ventures (Ameritek Ventures) Business Description

Traded in Other Exchanges
N/A
Address
401 Ryland Street, Suite 200A, Reno, NV, USA, 89502
Ameritek Ventures manufactures machinery that is used to manufacture optical fiber preforms. These preforms are then used to produce commercial grade optical fiber. The company's products can be used in the telecommunication industry. Ameritek's equipment provides the preforms that can be used to manufacture fiber optic cables.
Executives
Shaun Passley officer: Chairman, CEO and CFO 201 W. LAKE ST. 135, CH IL 60606

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