KWESST Micro Systems (TSXV:KWE) Debt-to-Equity : 0.52 (As of Mar. 2024)

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What is KWESST Micro Systems Debt-to-Equity?

KWESST Micro Systems's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was C$0.14 Mil. KWESST Micro Systems's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was C$0.23 Mil. KWESST Micro Systems's Total Stockholders Equity for the quarter that ended in Mar. 2024 was C$0.71 Mil. KWESST Micro Systems's debt to equity for the quarter that ended in Mar. 2024 was 0.52.

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 KWESST Micro Systems's Debt-to-Equity or its related term are showing as below:

TSXV:KWE' s Debt-to-Equity Range Over the Past 10 Years
Min: -2.55 Med: 0.1 Max: 2.06
Current: 0.52

During the past 3 years, the highest Debt-to-Equity Ratio of KWESST Micro Systems was 2.06. The lowest was -2.55. And the median was 0.10.

TSXV:KWE's Debt-to-Equity is ranked worse than
58.14% of 258 companies
in the Aerospace & Defense industry
Industry Median: 0.425 vs TSXV:KWE: 0.52

KWESST Micro Systems Debt-to-Equity Historical Data

The historical data trend for KWESST Micro Systems'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.

KWESST Micro Systems Debt-to-Equity Chart

KWESST Micro Systems Annual Data

Trend

Sep21

Sep22

Sep23

Debt-to-Equity

0.06

-2.55

0.11

KWESST Micro Systems Quarterly Data
	Aug19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial													0.03	0.09	0.11	0.11	0.52

Competitive Comparison of KWESST Micro Systems's Debt-to-Equity

For the Aerospace & Defense subindustry, KWESST Micro Systems'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.

KWESST Micro Systems's Debt-to-Equity Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, KWESST Micro Systems's Debt-to-Equity distribution charts can be found below:

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

KWESST Micro Systems Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

KWESST Micro Systems's Debt to Equity Ratio for the fiscal year 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
	=	(0.127	+	0.302)	/	3.936
	=	0.11

KWESST Micro Systems'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
	=	(0.14	+	0.228)	/	0.712
	=	0.52

KWESST Micro Systems (TSXV:KWE) 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.

KWESST Micro Systems Debt-to-Equity Related Terms

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KWESST Micro Systems (TSXV:KWE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » KWESST Micro Systems Inc (TSXV:KWE) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

KWE:USA

Address

155 Terence Matthews Crescent, Unit No. 1, Ottawa, ON, CAN, K2M 2A8

Website

https://www.kwesst.com

KWESST Micro Systems Inc develops and commercializes next-generation tactical systems. The company offers breakthrough technology in lethal and non-lethal systems with broad application, including law enforcement and personal defence, modernized digitization of tactical forces for shared situational awareness and targeting, and counter-measures against threats such as drones, lasers and electronic detection.

Executives

David Luxton

Director, Senior Officer