Openn Negotiation (ASX:OPN) Debt-to-Equity : 0.05 (As of Dec. 2023)

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What is Openn Negotiation Debt-to-Equity?

Openn Negotiation's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$0.04 Mil. Openn Negotiation's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$0.00 Mil. Openn Negotiation's Total Stockholders Equity for the quarter that ended in Dec. 2023 was A$0.79 Mil. Openn Negotiation's debt to equity for the quarter that ended in Dec. 2023 was 0.05.

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 Openn Negotiation's Debt-to-Equity or its related term are showing as below:

ASX:OPN' s Debt-to-Equity Range Over the Past 10 Years
Min: -1 Med: 0.01 Max: 0.11
Current: 0.05

During the past 1 years, the highest Debt-to-Equity Ratio of Openn Negotiation was 0.11. The lowest was -1.00. And the median was 0.01.

ASX:OPN's Debt-to-Equity is ranked better than
91.74% of 1586 companies
in the Real Estate industry
Industry Median: 0.76 vs ASX:OPN: 0.05

Openn Negotiation Debt-to-Equity Historical Data

The historical data trend for Openn Negotiation'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.

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Openn Negotiation Debt-to-Equity Chart

Openn Negotiation Annual Data

Trend

Jun22

Debt-to-Equity

Openn Negotiation Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial			0.01	-	0.11	-1.00	0.05

Competitive Comparison of Openn Negotiation's Debt-to-Equity

For the Real Estate Services subindustry, Openn Negotiation'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.

Openn Negotiation's Debt-to-Equity Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Openn Negotiation's Debt-to-Equity distribution charts can be found below:

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

Openn Negotiation Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Openn Negotiation's Debt to Equity Ratio for the fiscal year 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
	=	(0.015	+	0)	/	3.813
	=	0.00

Openn Negotiation'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
	=	(0.041	+	0)	/	0.788
	=	0.05

Openn Negotiation (ASX:OPN) 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.

Openn Negotiation Debt-to-Equity Related Terms

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Openn Negotiation (ASX:OPN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Openn Negotiation Ltd (ASX:OPN) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

4 Stirling Road, Level 1, PO Box 896, Claremont, WA, AUS, 6910

Website

https://www.openn.com.au

Openn Negotiation Ltd operates a property technology business providing a proprietary cloud-based software platform to support real estate agents in selling property online with greater transparency. Its revenues are majorly driven by the number of agents certified to use the Openn platform and the number of properties uploaded for sale through the Openn platform each month. Geographically company derives key revenue from Australia and includes The USA.

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