Cymat Technologies (Cymat Technologies) Debt-to-Equity : -1.44 (As of Jan. 2024)

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What is Cymat Technologies Debt-to-Equity?

Cymat Technologies's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was $0.94 Mil. Cymat Technologies's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was $1.27 Mil. Cymat Technologies's Total Stockholders Equity for the quarter that ended in Jan. 2024 was $-1.54 Mil. Cymat Technologies's debt to equity for the quarter that ended in Jan. 2024 was -1.44.

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 Cymat Technologies's Debt-to-Equity or its related term are showing as below:

CYMHF' s Debt-to-Equity Range Over the Past 10 Years
Min: -3.72 Med: -0.94 Max: 9.03
Current: -1.44

During the past 13 years, the highest Debt-to-Equity Ratio of Cymat Technologies was 9.03. The lowest was -3.72. And the median was -0.94.

CYMHF's Debt-to-Equity is not ranked
in the Industrial Products industry.
Industry Median: 0.29 vs CYMHF: -1.44

Cymat Technologies Debt-to-Equity Historical Data

The historical data trend for Cymat Technologies'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.

Cymat Technologies Debt-to-Equity Chart

Cymat Technologies Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Debt-to-Equity

Get a 7-Day Free Trial

-1.19

0.38

0.43

-3.72

Cymat Technologies 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															9.02	-3.72	-1.89	-1.85	-1.44

Competitive Comparison of Cymat Technologies's Debt-to-Equity

For the Metal Fabrication subindustry, Cymat Technologies'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.

Cymat Technologies's Debt-to-Equity Distribution in the Industrial Products Industry

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

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

Cymat Technologies Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Cymat Technologies's Debt to Equity Ratio for the fiscal year that ended in Apr. 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
	=	(0.22	+	1.467)	/	-0.454
	=	-3.72

Cymat Technologies'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
	=	(0.94	+	1.269)	/	-1.538
	=	-1.44

Cymat Technologies (OTCPK:CYMHF) 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.

Cymat Technologies Debt-to-Equity Related Terms

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Cymat Technologies (Cymat Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Cymat Technologies Ltd (OTCPK:CYMHF) » Definitions » Debt-to-Equity

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Traded in Other Exchanges

CYM:Canada

Address

6320 Danville Road, Unit 2, Mississauga, ON, CAN, L5T 2L7

Website

https://www.cymat.com

Cymat Technologies Ltd is a manufacturing company, which holds licenses and related patents to make, use and sell Stabilized Aluminum Foam (SAF). SAF is produced utilizing a proprietary process in which gas is bubbled into molten alloyed aluminum containing a dispersion of fine ceramic particles to create foam, which is then cast into lightweight panels and shapes. The firm is manufacturing SAF for use in architectural, blast mitigation and energy absorption applications. Its products are used in the automotive and industrial markets.