ZeU Technologies (XCNQ:ZEU) Debt-to-Equity : -0.77 (As of Dec. 2023)

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What is ZeU Technologies Debt-to-Equity?

ZeU Technologies's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$4.53 Mil. ZeU Technologies's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$1.10 Mil. ZeU Technologies's Total Stockholders Equity for the quarter that ended in Dec. 2023 was C$-7.28 Mil. ZeU Technologies's debt to equity for the quarter that ended in Dec. 2023 was -0.77.

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

XCNQ:ZEU' s Debt-to-Equity Range Over the Past 10 Years
Min: -11.12 Med: -0.85 Max: 156.29
Current: -0.77

During the past 5 years, the highest Debt-to-Equity Ratio of ZeU Technologies was 156.29. The lowest was -11.12. And the median was -0.85.

XCNQ:ZEU's Debt-to-Equity is not ranked
in the Software industry.
Industry Median: 0.21 vs XCNQ:ZEU: -0.77

ZeU Technologies Debt-to-Equity Historical Data

The historical data trend for ZeU Technologies'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.

ZeU Technologies Debt-to-Equity Chart

ZeU Technologies Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Mar23

Debt-to-Equity

-1.26

-7.29

-0.86

-7.68

-0.78

ZeU Technologies Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															-0.82	-0.78	-0.78	-0.77	-0.77

Competitive Comparison of ZeU Technologies's Debt-to-Equity

For the Software - Application subindustry, ZeU Technologies'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.

ZeU Technologies's Debt-to-Equity Distribution in the Software Industry

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

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

ZeU Technologies Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

ZeU Technologies's Debt to Equity Ratio for the fiscal year that ended in Mar. 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
	=	(4.336	+	0.967)	/	-6.789
	=	-0.78

ZeU Technologies's Debt to Equity Ratio for the quarter that ended in Dec. 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
	=	(4.528	+	1.096)	/	-7.278
	=	-0.77

ZeU Technologies (XCNQ:ZEU) 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.

ZeU Technologies Debt-to-Equity Related Terms

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ZeU Technologies (XCNQ:ZEU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » ZeU Technologies Inc (XCNQ:ZEU) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

ZEUCF:USA

Address

1000 Rue Sherbrooke Street West, Suite 2700, Montreal, QC, CAN, H3A 3G4

Website

https://www.zeuniverse.com

ZeU Technologies Inc is a Canada-based technology company. The company is engaged in developing its distributed ledger technologies (DLT), such as blockchain. The company's product development is driven by industry-specific needs, thus enabling the smooth integration of legacy systems into the new digital economy.

Executives

St-georges Eco-mining Corp.

10% Security Holder

ZeU Technologies (XCNQ:ZEU) Headlines

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