Armada Data (TSXV:ARD) Debt-to-Equity : 1.50 (As of Nov. 2023)

Armada Data Debt-to-Equity Chart

Armada Data Annual Data
	Trend	May14	May15	May16	May17	May18	May19	May20	May21	May22	May23
Debt-to-Equity		Get a 7-Day Free Trial					-	0.18	0.28	0.29	0.79

Armada Data Quarterly Data
	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23
Debt-to-Equity	Get a 7-Day Free Trial															0.31	0.37	0.79	1.47	1.50

Competitive Comparison of Armada Data's Debt-to-Equity

For the Internet Content & Information subindustry, Armada Data'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.

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

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

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

Armada Data Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Armada Data's Debt to Equity Ratio for the fiscal year that ended in May. 2023 is calculated as

Armada Data's Debt to Equity Ratio for the quarter that ended in Nov. 2023 is calculated as

* 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.

Armada Data  (TSXV:ARD) 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.

Armada Data Debt-to-Equity Related Terms

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Armada Data (TSXV:ARD) Business Description