12 Retech (12 Retech) Debt-to-Equity : -0.13 (As of Dec. 2021)

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What is 12 Retech Debt-to-Equity?

12 Retech's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2021 was $1.67 Mil. 12 Retech's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2021 was $0.50 Mil. 12 Retech's Total Stockholders Equity for the quarter that ended in Dec. 2021 was $-16.41 Mil. 12 Retech's debt to equity for the quarter that ended in Dec. 2021 was -0.13.

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

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

12 Retech Debt-to-Equity Historical Data

The historical data trend for 12 Retech'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.

12 Retech Debt-to-Equity Chart

12 Retech Annual Data

Trend

Nov14

Nov15

Nov16

Dec17

Dec18

Dec19

Dec20

Dec21

Debt-to-Equity

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-0.39

-0.13

-0.16

-0.07

-0.13

12 Retech Quarterly Data
	Feb17	May17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21
Debt-to-Equity	Get a 7-Day Free Trial															-0.07	-0.11	-0.15	-0.12	-0.13

Competitive Comparison of 12 Retech's Debt-to-Equity

For the Software - Application subindustry, 12 Retech'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.

12 Retech's Debt-to-Equity Distribution in the Software Industry

For the Software industry and Technology sector, 12 Retech's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where 12 Retech's Debt-to-Equity falls into.

12 Retech Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

12 Retech's Debt to Equity Ratio for the fiscal year that ended in Dec. 2021 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
	=	(1.673	+	0.502)	/	-16.406
	=	-0.13

12 Retech's Debt to Equity Ratio for the quarter that ended in Dec. 2021 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
	=	(1.673	+	0.502)	/	-16.406
	=	-0.13

12 Retech (OTCPK:RETC) 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.

12 Retech Debt-to-Equity Related Terms

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12 Retech (12 Retech) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » 12 Retech Corp (OTCPK:RETC) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

2828 N. Central Avenue, Suite 831, Phoenix, AZ, USA, 85004

Website

https://www.12reTech.com

12 Retech Corp mainly engages in the creation of mobile software applications. The company, through its subsidiaries, develops, improves, acquires, and licenses technologies designed to merge between real brick and mortar stores with online retailing of transacting commerce. It develops an omnichannel solution name 12 Technology Suite, through which retailers can choose the entire suite as per their need and combines real-world shopping with online media. The company's products which are based on its 12 technology suite include 12 Mirror, 12 Kiosk, 12 in-store apps, 12 Mobile apps, and 12 ERP.