Corporate Universe (Corporate Universe) Debt-to-Equity : -1.35 (As of Sep. 2023)

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What is Corporate Universe Debt-to-Equity?

Corporate Universe's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $3.28 Mil. Corporate Universe's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.18 Mil. Corporate Universe's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $-2.57 Mil. Corporate Universe's debt to equity for the quarter that ended in Sep. 2023 was -1.35.

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 Corporate Universe's Debt-to-Equity or its related term are showing as below:

COUV' s Debt-to-Equity Range Over the Past 10 Years
Min: -9.44 Med: -1.42 Max: -1.01
Current: -1.35

During the past 5 years, the highest Debt-to-Equity Ratio of Corporate Universe was -1.01. The lowest was -9.44. And the median was -1.42.

COUV's Debt-to-Equity is not ranked
in the Industrial Products industry.
Industry Median: 0.29 vs COUV: -1.35

Corporate Universe Debt-to-Equity Historical Data

The historical data trend for Corporate Universe'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.

Corporate Universe Debt-to-Equity Chart

Corporate Universe Annual Data

Trend

Mar00

Mar01

Dec20

Dec21

Dec22

Debt-to-Equity

-0.81

-0.13

-9.44

-1.91

-1.42

Corporate Universe Quarterly Data
	Mar00	Jun00	Sep00	Dec00	Mar01	Jun01	Sep01	Dec01	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial															-1.01	-1.42	-1.14	-1.02	-1.35

Competitive Comparison of Corporate Universe's Debt-to-Equity

For the Electrical Equipment & Parts subindustry, Corporate Universe'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.

Corporate Universe's Debt-to-Equity Distribution in the Industrial Products Industry

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

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

Corporate Universe Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Corporate Universe's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 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
	=	(1.773	+	0.272)	/	-1.442
	=	-1.42

Corporate Universe'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
	=	(3.277	+	0.184)	/	-2.569
	=	-1.35

Corporate Universe (OTCPK:COUV) 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.

Corporate Universe Debt-to-Equity Related Terms

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Corporate Universe (Corporate Universe) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Corporate Universe Inc (OTCPK:COUV) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

2093 Philadelphia Pike, Suite 8334, Claymont, DE, USA, 33431

Website

http://www.corpuniverse.com

Corporate Universe Inc along with its subsidiaries is engaged in developing next generation supercapacitor technology aimed at the grid and other energy storage applications.