Tap Global Group (AQSE:TAP) Debt-to-Equity : 0.00 (As of Jun. 2022)

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What is Tap Global Group Debt-to-Equity?

Tap Global Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2022 was £0.00 Mil. Tap Global Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2022 was £0.00 Mil. Tap Global Group's Total Stockholders Equity for the quarter that ended in Jun. 2022 was £2.86 Mil. Tap Global Group's debt to equity for the quarter that ended in Jun. 2022 was 0.00.

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 Tap Global Group's Debt-to-Equity or its related term are showing as below:

AQSE:TAP's Debt-to-Equity is not ranked ^*
in the Software industry.
Industry Median: 0.21
* Ranked among companies with meaningful Debt-to-Equity only.

Tap Global Group Debt-to-Equity Historical Data

The historical data trend for Tap Global Group'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.

Tap Global Group Debt-to-Equity Chart

Tap Global Group Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Debt-to-Equity

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-0.58

-0.05

Tap Global Group Semi-Annual Data
	Jun15	Jun16	Jun17	Jun18	Jun19	Jun20	Jun21	Jun22	Jun23
Debt-to-Equity	Get a 7-Day Free Trial				-0.58	-0.05	-	-	-

Competitive Comparison of Tap Global Group's Debt-to-Equity

For the Software - Application subindustry, Tap Global Group'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.

Tap Global Group's Debt-to-Equity Distribution in the Software Industry

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

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

Tap Global Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Tap Global Group's Debt to Equity Ratio for the fiscal year that ended in Jun. 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
	=	(0.032	+	0.062)	/	25.683
	=	0.00

Tap Global Group's Debt to Equity Ratio for the quarter that ended in Jun. 2022 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)	/	2.859
	=	0.00

Tap Global Group (AQSE:TAP) 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.

Tap Global Group Debt-to-Equity Related Terms

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Tap Global Group (AQSE:TAP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Tap Global Group Plc (AQSE:TAP) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

8J9:Germany

Address

60 Gracechurch Street, 6th Floor, London, GBR, EC3V 0HR

Website

https://www.tap.global

Tap Global Group Plc is a regulated and fully integrated crypto-fiat exchange service provider with an associated neo banking platform. Tap's mission is to create a seamless and fully regulated bridge that links fiat banking, traditional assets and crypto markets. Built on its exchange foundation, the company also offers consumer and corporate crypto-fiat banking services and DeFi yield products.