Currency Exchange International (Currency Exchange International) Debt-to-Equity : 0.09 (As of Jan. 2024)

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What is Currency Exchange International Debt-to-Equity?

Currency Exchange International's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was $5.22 Mil. Currency Exchange International's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was $1.78 Mil. Currency Exchange International's Total Stockholders Equity for the quarter that ended in Jan. 2024 was $80.52 Mil. Currency Exchange International's debt to equity for the quarter that ended in Jan. 2024 was 0.09.

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 Currency Exchange International's Debt-to-Equity or its related term are showing as below:

CURN' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.14 Max: 0.53
Current: 0.09

During the past 13 years, the highest Debt-to-Equity Ratio of Currency Exchange International was 0.53. The lowest was 0.01. And the median was 0.14.

CURN's Debt-to-Equity is ranked better than
72.25% of 609 companies
in the Capital Markets industry
Industry Median: 0.37 vs CURN: 0.09

Currency Exchange International Debt-to-Equity Historical Data

The historical data trend for Currency Exchange International'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.

Currency Exchange International Debt-to-Equity Chart

Currency Exchange International Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Debt-to-Equity

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0.01

0.15

0.14

0.15

0.22

Currency Exchange International Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Debt-to-Equity	Get a 7-Day Free Trial															0.41	0.26	0.13	0.22	0.09

Competitive Comparison of Currency Exchange International's Debt-to-Equity

For the Capital Markets subindustry, Currency Exchange International'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.

Currency Exchange International's Debt-to-Equity Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Currency Exchange International's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Currency Exchange International's Debt-to-Equity falls into.

Currency Exchange International Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Currency Exchange International's Debt to Equity Ratio for the fiscal year that ended in Oct. 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
	=	(16.258	+	1.389)	/	79.233
	=	0.22

Currency Exchange International's Debt to Equity Ratio for the quarter that ended in Jan. 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
	=	(5.224	+	1.779)	/	80.521
	=	0.09

Currency Exchange International (OTCPK:CURN) 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.

Currency Exchange International Debt-to-Equity Related Terms

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Currency Exchange International (Currency Exchange International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Currency Exchange International Corp (OTCPK:CURN) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

CXI:Canada

Address

6675 Westwood Boulevard, Suite 300, Orlando, FL, USA, 32821

Website

https://www.ceifx.com

Currency Exchange International Corp operates as a money service and payments business and provides currency exchange, wire transfer, and cheque cashing services at its locations in the United States and Canada. The company earns maximum revenue from the United States of America. The company earns revenue in the form of Commission and Fee income.