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Thirdeye Systems (XTAE:THES) Debt-to-Equity : -9.72 (As of Dec. 2023)


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What is Thirdeye Systems Debt-to-Equity?

Thirdeye Systems's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₪3.36 Mil. Thirdeye Systems's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₪4.06 Mil. Thirdeye Systems's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₪-0.76 Mil. Thirdeye Systems's debt to equity for the quarter that ended in Dec. 2023 was -9.72.

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

XTAE:THES' s Debt-to-Equity Range Over the Past 10 Years
Min: -9.72   Med: -0.01   Max: 1.94
Current: -9.72

During the past 11 years, the highest Debt-to-Equity Ratio of Thirdeye Systems was 1.94. The lowest was -9.72. And the median was -0.01.

XTAE:THES's Debt-to-Equity is not ranked
in the Business Services industry.
Industry Median: 0.37 vs XTAE:THES: -9.72

Thirdeye Systems Debt-to-Equity Historical Data

The historical data trend for Thirdeye 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.

Thirdeye Systems Debt-to-Equity Chart

Thirdeye Systems Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only - -1.38 1.94 -1.66 -9.72

Thirdeye Systems Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.94 -2.01 -1.66 -1.57 -9.72

Competitive Comparison of Thirdeye Systems's Debt-to-Equity

For the Security & Protection Services subindustry, Thirdeye 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.


Thirdeye Systems's Debt-to-Equity Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Thirdeye Systems's Debt-to-Equity distribution charts can be found below:

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



Thirdeye Systems Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Thirdeye Systems's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Thirdeye Systems's Debt to Equity Ratio for the quarter that ended in Dec. 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.


Thirdeye Systems  (XTAE:THES) 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.


Thirdeye Systems Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Thirdeye Systems's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Thirdeye Systems (XTAE:THES) Business Description

Traded in Other Exchanges
N/A
Address
12 Beni Gaon Street, Netanya, ISR
Thirdeye Systems Ltd is involved in the manufacturing and marketing of electro-optical object recognition systems for skimmers and vehicles. The product portfolio of the company includes Chimera, Meduza, Tesseract, aEYE, and Goir among others.

Thirdeye Systems (XTAE:THES) Headlines

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