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Lever Global (Lever Global) Debt-to-Equity : 0.37 (As of Mar. 2024)


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What is Lever Global Debt-to-Equity?

Lever Global's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.33 Mil. Lever Global's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.00 Mil. Lever Global's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $0.91 Mil. Lever Global's debt to equity for the quarter that ended in Mar. 2024 was 0.37.

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

LVER' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.04   Med: 0.28   Max: 0.74
Current: 0.37

During the past 2 years, the highest Debt-to-Equity Ratio of Lever Global was 0.74. The lowest was 0.04. And the median was 0.28.

LVER's Debt-to-Equity is not ranked
in the Software industry.
Industry Median: 0.21 vs LVER: 0.37

Lever Global Debt-to-Equity Historical Data

The historical data trend for Lever Global'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.

Lever Global Debt-to-Equity Chart

Lever Global Annual Data
Trend Dec22 Dec23
Debt-to-Equity
0.17 0.28

Lever Global Quarterly Data
Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Debt-to-Equity Get a 7-Day Free Trial N/A 0.74 0.04 0.28 0.37

Competitive Comparison of Lever Global's Debt-to-Equity

For the Software - Application subindustry, Lever Global'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.

Lever Global's Debt-to-Equity Distribution in the Software Industry

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

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


Lever Global Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Lever Global'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
=(0.313 + 0) / 1.117
=0.28

Lever Global'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
=(0.332 + 0) / 0.909
=0.37

* 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.

Lever Global  (OTCPK:LVER) 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.

Lever Global Debt-to-Equity Related Terms

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

Lever Global (Lever Global) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Lever Global Corp (OTCPK:LVER) » Definitions » Debt-to-Equity
Comparable Companies
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Traded in Other Exchanges
N/A
Address
Level 11, 9255 West Sunset Boulevard, West Hollywood, CA, USA, 90069
Website
Lever Global Corp is a fintech-driven consumer liabilities and debt management company. Its App allows the subscribers to analyze their existing student loans and recommend programs the US Department of Education offers after the initial assessment and processes enrolments into these programs. The App provides a list of qualified federal programs. The subscribers can digitally enroll in these programs by uploading or self-declaring their W-2, wage, or tax statements through the App.