Bullfrog AI Holdings (Bullfrog AI Holdings) Debt-to-Equity : 0.08 (As of Mar. 2024)

View and export this data going back to 2023. Start your Free Trial

What is Bullfrog AI Holdings Debt-to-Equity?

Bullfrog AI Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.51 Mil. Bullfrog AI Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.00 Mil. Bullfrog AI Holdings's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $6.80 Mil. Bullfrog AI Holdings's debt to equity for the quarter that ended in Mar. 2024 was 0.07.

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 Bullfrog AI Holdings's Debt-to-Equity or its related term are showing as below:

BFRG' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.7 Med: -0.39 Max: 0.14
Current: 0.08

During the past 4 years, the highest Debt-to-Equity Ratio of Bullfrog AI Holdings was 0.14. The lowest was -0.70. And the median was -0.39.

BFRG's Debt-to-Equity is ranked better than
81.54% of 547 companies
in the Healthcare Providers & Services industry
Industry Median: 0.48 vs BFRG: 0.08

Bullfrog AI Holdings Debt-to-Equity Historical Data

The historical data trend for Bullfrog AI Holdings'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.

Bullfrog AI Holdings Debt-to-Equity Chart

Bullfrog AI Holdings Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

-0.39

-0.58

-0.52

Bullfrog AI Holdings Quarterly Data
	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial								0.14	0.09	0.06	-	0.08

Competitive Comparison of Bullfrog AI Holdings's Debt-to-Equity

For the Health Information Services subindustry, Bullfrog AI Holdings'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.

Bullfrog AI Holdings's Debt-to-Equity Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Bullfrog AI Holdings's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Bullfrog AI Holdings's Debt-to-Equity falls into.

Bullfrog AI Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Bullfrog AI Holdings'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	+	0)	/	2.592
	=	0.00

Bullfrog AI Holdings's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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
	=	(0.507	+	0)	/	6.804
	=	0.07

Bullfrog AI Holdings (NAS:BFRG) 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.

Bullfrog AI Holdings Debt-to-Equity Related Terms

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

Bullfrog AI Holdings (Bullfrog AI Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Bullfrog AI Holdings Inc (NAS:BFRG) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

325 Ellington Boulevard, Unit 317, Gaithersburg, MD, USA, 20878

Website

https://www.bullfrogai.com

Bullfrog AI Holdings Inc is a clinical-phase Biotechnology company using machine learning to advance medicine and improve human health. It uses artificial intelligence and machine learning to advance medicines for both internal and external projects. Its platform technology, named, bfLEAP, is an analytical AI/ML platform that is able to surmount the challenges of scalability and flexibility currently hindering researchers and clinicians by providing a more precise1, multi-dimensional understanding of its data.

Executives

William Enright	director	910 CLOPPER ROAD, SUITE 201S, GAITHERSBURG MD 20878
R Don Elsey	director	2273 RESEARCH BLVD, SUITE 400, ROCKVILLE MD 20850
Dane R Saglio	officer: Chief Financial Officer
Jason David Hanson	director	8125 NORTH HAYDEN ROAD, SCOTTSDALE AZ 85258-2463
Vininder Singh	director, 10 percent owner, officer: Chief Executive Officer	4 BLACK KETTLE COURT, BOYDS MD 20841