Halo Technologies Holdings (ASX:HAL) Debt-to-Equity : 0.00 (As of Dec. 2023)

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What is Halo Technologies Holdings Debt-to-Equity?

Halo Technologies Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$0.04 Mil. Halo Technologies Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$0.00 Mil. Halo Technologies Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was A$17.83 Mil. Halo Technologies Holdings's debt to equity for the quarter that ended in Dec. 2023 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 Halo Technologies Holdings's Debt-to-Equity or its related term are showing as below:

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

Halo Technologies Holdings Debt-to-Equity Historical Data

The historical data trend for Halo Technologies Holdings'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.

Halo Technologies Holdings Debt-to-Equity Chart

Halo Technologies Holdings Annual Data

Trend

Dec21

Dec22

Dec23

Debt-to-Equity

Halo Technologies Holdings Semi-Annual Data
	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	-	-	-	-

Competitive Comparison of Halo Technologies Holdings's Debt-to-Equity

For the Software - Application subindustry, Halo Technologies Holdings'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.

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

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

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

Halo Technologies Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Halo Technologies Holdings's Debt to Equity Ratio for the fiscal year 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
	=	(0.043	+	0)	/	17.833
	=	0.00

Halo Technologies Holdings'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
	=	(0.043	+	0)	/	17.833
	=	0.00

Halo Technologies Holdings (ASX:HAL) 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.

Halo Technologies Holdings Debt-to-Equity Related Terms

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Halo Technologies Holdings (ASX:HAL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Halo Technologies Holdings Ltd (ASX:HAL) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

10 Barrack Street, Level 4, Sydney, NSW, AUS, 2000

Website

https://www.halo-technologies.com

Halo Technologies Holdings Ltd is a provider and developer of financial services and technology. Halo is an online global equities research and trade execution software solution that brings sophisticated institutional-grade analytical frameworks and market insights to everyday investors. Halo includes two distinct and integrated offerings in HALO global, designed for hands on investors who want professional grade tools without the cost, and HALO Trading which offers global trade execution capability and ready-made themed investment portfolios that are ideal for low-touch and values based investors and SMSFs.