KwikClick (KwikClick) Debt-to-Equity : -1.37 (As of Dec. 2023)

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What is KwikClick Debt-to-Equity?

KwikClick's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1.74 Mil. KwikClick's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.01 Mil. KwikClick's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $-1.27 Mil. KwikClick's debt to equity for the quarter that ended in Dec. 2023 was -1.37.

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

KWIK' s Debt-to-Equity Range Over the Past 10 Years
Min: -1.37 Med: 0 Max: 0.28
Current: -1.37

During the past 4 years, the highest Debt-to-Equity Ratio of KwikClick was 0.28. The lowest was -1.37. And the median was 0.00.

KWIK's Debt-to-Equity is not ranked
in the Software industry.
Industry Median: 0.21 vs KWIK: -1.37

KwikClick Debt-to-Equity Historical Data

The historical data trend for KwikClick'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.

KwikClick Debt-to-Equity Chart

KwikClick Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

0.04

-0.04

0.28

-1.37

KwikClick Quarterly Data
	Mar99	Jun99	Sep99	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial										0.28	1.55	-1.59	-1.18	-1.37

Competitive Comparison of KwikClick's Debt-to-Equity

For the Software - Application subindustry, KwikClick'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.

KwikClick's Debt-to-Equity Distribution in the Software Industry

For the Software industry and Technology sector, KwikClick's Debt-to-Equity distribution charts can be found below:

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

KwikClick Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

KwikClick'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
	=	(1.736	+	0.01)	/	-1.274
	=	-1.37

KwikClick'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
	=	(1.736	+	0.01)	/	-1.274
	=	-1.37

KwikClick (OTCPK:KWIK) 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.

KwikClick Debt-to-Equity Related Terms

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

KwikClick (KwikClick) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » KwikClick Inc (OTCPK:KWIK) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

585 West 500 South, Suite 130, Bountiful, UT, USA, 84010

Website

https://www.kwikclick.com

KwikClick Inc is a SaaS (software as a service) platform developed to connect sellers with buyers (participants) while merging the benefits of social media marketing with the intense power of individual affiliate marketing typically associated only with network marketing organizations. Its app allows participants to be compensated for all sales that occur as a result of referring any product or service, participants wish to promote actively or passively as participants correspond socially, through mobile devices or online.

Executives

David Hunt

director

66 EXCHANGE PL, STE 201, SALT LAKE CITY UT 84111