Atlas Technology Group (Atlas Technology Group) Debt-to-Equity : -0.31 (As of Dec. 2023)

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What is Atlas Technology Group Debt-to-Equity?

Atlas Technology Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.11 Mil. Atlas Technology Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil. Atlas Technology Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $-0.34 Mil. Atlas Technology Group's debt to equity for the quarter that ended in Dec. 2023 was -0.31.

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

ATYG' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.31 Med: -0.27 Max: -0.24
Current: -0.31

During the past 12 years, the highest Debt-to-Equity Ratio of Atlas Technology Group was -0.24. The lowest was -0.31. And the median was -0.27.

ATYG's Debt-to-Equity is not ranked
in the Diversified Financial Services industry.
Industry Median: 0.12 vs ATYG: -0.31

Atlas Technology Group Debt-to-Equity Historical Data

The historical data trend for Atlas Technology 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.

* Premium members only.

Atlas Technology Group Debt-to-Equity Chart

Atlas Technology Group Annual Data

Trend

Dec02

Dec03

Dec04

Dec05

Dec06

Dec07

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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1.22

-0.24

-0.27

-0.31

Atlas Technology Group Quarterly Data
	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															-0.27	-0.30	-0.30	-0.30	-0.31

Competitive Comparison of Atlas Technology Group's Debt-to-Equity

For the Shell Companies subindustry, Atlas Technology 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.

Atlas Technology Group's Debt-to-Equity Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Atlas Technology Group's Debt-to-Equity distribution charts can be found below:

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

Atlas Technology Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Atlas Technology 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
	=	(0.105	+	0)	/	-0.34
	=	-0.31

Atlas Technology 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
	=	(0.105	+	0)	/	-0.34
	=	-0.31

Atlas Technology Group (OTCPK:ATYG) 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.

Atlas Technology Group Debt-to-Equity Related Terms

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

Atlas Technology Group (Atlas Technology Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Atlas Technology Group Inc (OTCPK:ATYG) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

PO Box 147165, Lakewood, CO, USA, 80214

Website

https://www.atlasdsr.com

Atlas Technology Group, Inc., a Florida corporation, is a SEC reporting shell company.

Executives

Redgie T Green	director, officer: Chief Executive Officer	16538 W. 76TH DR., ARVADA CO 80007
David J Cutler	director, 10 percent owner, officer: Chief Financial Officer	4704 HARLEN ST STE. 420, DENVER CO 80212
Robert Blankstein	10 percent owner	SUITE 550 - 999 WEST HASTINGS STREET, VANCOUVER A1 V6C 2W2
R Atticus Lowe	10 percent owner	2151 ALESSANDRO DRIVE, SUITE 100, VENTURA CA 93001
Lance W Helfert	10 percent owner	2151 ALESSANDRO DRIVE, SUITE 100, VENTURA CA 93001
West Coast Opportunity Fund Llc	10 percent owner	C/O WEST COAST ASSET MANAGEMENT INC, 2151 ALESANDRO DRIVE, SUITE 100, VENTURA CA 93001
West Coast Asset Management Inc	10 percent owner	1205 COAST VILLAGE ROAD, MONTECITO CA 93108
Paul J Orfalea	10 percent owner	2151 ALESSANDRO DRIVE, SUITE 100, VENTURA CA 93001
Marra Byran Somervell Patrick	director, officer: Chief Financial Officer	LEVEL 12, WILLBANK HOUSE, 57 WILLIS ST, P.O. BOX 10-158, WELLINGTON Q2 #####
Robert Gardner	director	SUITE 300, 838 WEST HASTINGS STREET, VANCOUVER A1 V6C 0A6
W Gordon Blankstein	director	999 WEST HASTINGS ST, SUITE 550, VANCOUVER A1 V6C 2W2
Peter B Jacobson	director	511 36TH STREET, NEWPORT BEACH CA 92663
David C Hayes	director, officer: Chief Financial Officer	999 WEST HASTINGS STREET, SUITE 550, VANCOUVER A1 V6C 2W2

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