Tapinator (Tapinator) Debt-to-Equity : 0.23 (As of Sep. 2023)

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What is Tapinator Debt-to-Equity?

Tapinator's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.08 Mil. Tapinator's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.22 Mil. Tapinator's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $1.31 Mil. Tapinator's debt to equity for the quarter that ended in Sep. 2023 was 0.23.

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

TAPM' s Debt-to-Equity Range Over the Past 10 Years
Min: -3.51 Med: 0.4 Max: 2.85
Current: 0.23

During the past 10 years, the highest Debt-to-Equity Ratio of Tapinator was 2.85. The lowest was -3.51. And the median was 0.40.

TAPM's Debt-to-Equity is ranked worse than
60.24% of 420 companies
in the Interactive Media industry
Industry Median: 0.16 vs TAPM: 0.23

Tapinator Debt-to-Equity Historical Data

The historical data trend for Tapinator'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.

Tapinator Debt-to-Equity Chart

Tapinator Annual Data

Trend

Oct07

Oct08

Oct09

Oct12

Oct13

Dec14

Dec15

Dec16

Dec17

Dec18

Debt-to-Equity

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0.50

0.40

0.57

-3.51

Tapinator Quarterly Data
	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Sep22	Sep23
Debt-to-Equity	Get a 7-Day Free Trial															0.17	0.13	0.15	N/A	0.23

Competitive Comparison of Tapinator's Debt-to-Equity

For the Electronic Gaming & Multimedia subindustry, Tapinator'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.

Tapinator's Debt-to-Equity Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Tapinator's Debt-to-Equity distribution charts can be found below:

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

Tapinator Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Tapinator's Debt to Equity Ratio for the fiscal year that ended in Dec. 2018 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)	/	1.168
	=	0.00

Tapinator's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(0.084	+	0.218)	/	1.305
	=	0.23

Tapinator (OTCPK:TAPM) 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.

Tapinator Debt-to-Equity Related Terms

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Tapinator (Tapinator) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Tapinator Inc (OTCPK:TAPM) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

1776 Broadway, Suite 2002, New York, NY, USA, 10019

Website

https://www.tapinator.com

Tapinator Inc develops and publishes category- leading apps for mobile platforms, with a focus on social casino games. The company's library includes more than 300 titles. It offers games such as Solitaire Derby, Crypto Trillionaire, Castlebuilder, Combo Quest, and Dice Mage 2 among others. The company generates revenues through the sale of branded advertising and consumer transactions, including in-app purchases and subscriptions.