Island Information & Technology (PHS:IS) Debt-to-Equity : 0.00 (As of Jan. 2024)

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What is Island Information & Technology Debt-to-Equity?

Island Information & Technology's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was ₱0.00 Mil. Island Information & Technology's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was ₱0.00 Mil. Island Information & Technology's Total Stockholders Equity for the quarter that ended in Jan. 2024 was ₱-109.16 Mil. Island Information & Technology's debt to equity for the quarter that ended in Jan. 2024 was 0.00.

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 Island Information & Technology's Debt-to-Equity or its related term are showing as below:

During the past 13 years, the highest Debt-to-Equity Ratio of Island Information & Technology was -1.04. The lowest was -1.15. And the median was -1.09.

PHS:IS's Debt-to-Equity is not ranked ^*
in the Software industry.
Industry Median: 0.21
* Ranked among companies with meaningful Debt-to-Equity only.

Island Information & Technology Debt-to-Equity Historical Data

The historical data trend for Island Information & Technology'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.

Island Information & Technology Debt-to-Equity Chart

Island Information & Technology Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Debt-to-Equity

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-1.07

-1.08

Island Information & Technology 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															-	-	-	-	-

Competitive Comparison of Island Information & Technology's Debt-to-Equity

For the Information Technology Services subindustry, Island Information & Technology'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.

Island Information & Technology's Debt-to-Equity Distribution in the Software Industry

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

* The bar in red indicates where Island Information & Technology's Debt-to-Equity falls into.

Island Information & Technology Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Island Information & Technology'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
	=	(0	+	0)	/	-108.958
	=	0.00

Island Information & Technology'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	+	0)	/	-109.159
	=	0.00

Island Information & Technology (PHS:IS) 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.

Island Information & Technology Debt-to-Equity Related Terms

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Island Information & Technology (PHS:IS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Island Information & Technology Inc (PHS:IS) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

120 Amorsolo Street, 4th Floor, 4-B Vernida 1 Condominium, Legaspi Village, Makati City, PHL, 1200

Website

http://www.iiti.ph

Island Information & Technology Inc engages in the provision of information technology services. It offers products and services such as computer hardware, software and other related products. The company provides services related to the Internet and computer networks. The company covers product development, licensing, marketing, sales and resale, distribution, operations and upgrading of and maintenance of computer software.