Clear Blue Technologies International (Clear Blue Technologies International) Debt-to-Equity : -2.68 (As of Sep. 2023)

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What is Clear Blue Technologies International Debt-to-Equity?

Clear Blue Technologies International's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $1.31 Mil. Clear Blue Technologies International's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $6.81 Mil. Clear Blue Technologies International's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $-3.03 Mil. Clear Blue Technologies International's debt to equity for the quarter that ended in Sep. 2023 was -2.68.

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

CBUTF' s Debt-to-Equity Range Over the Past 10 Years
Min: -38.38 Med: -1.26 Max: 35.26
Current: -2.68

During the past 7 years, the highest Debt-to-Equity Ratio of Clear Blue Technologies International was 35.26. The lowest was -38.38. And the median was -1.26.

CBUTF's Debt-to-Equity is not ranked
in the Semiconductors industry.
Industry Median: 0.27 vs CBUTF: -2.68

Clear Blue Technologies International Debt-to-Equity Historical Data

The historical data trend for Clear Blue Technologies International'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.

Clear Blue Technologies International Debt-to-Equity Chart

Clear Blue Technologies International Annual Data

Trend

Dec16

Apr17

Apr18

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

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-9.82

3.40

-38.37

-3.59

Clear Blue Technologies International Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial															-4.44	-3.59	-5.68	N/A	-2.68

Competitive Comparison of Clear Blue Technologies International's Debt-to-Equity

For the Solar subindustry, Clear Blue Technologies International'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.

Clear Blue Technologies International's Debt-to-Equity Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Clear Blue Technologies International's Debt-to-Equity distribution charts can be found below:

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

Clear Blue Technologies International Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Clear Blue Technologies International's Debt to Equity Ratio for the fiscal year that ended in Dec. 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
	=	(1.074	+	6.267)	/	-2.045
	=	-3.59

Clear Blue Technologies International's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(1.309	+	6.808)	/	-3.025
	=	-2.68

Clear Blue Technologies International (OTCPK:CBUTF) 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.

Clear Blue Technologies International Debt-to-Equity Related Terms

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Clear Blue Technologies International (Clear Blue Technologies International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Clear Blue Technologies International Inc (OTCPK:CBUTF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

0YA:Germany CBLU:Canada

Address

30 Lesmill Road, Unit 7, Toronto, ON, CAN, M3B 2T6

Website

https://www.clearbluetechnologies.com

Clear Blue Technologies International Inc is engaged in the business of developing and selling Smart Off-Grid power solutions and management services to the power, control, monitor, manage, and proactively service solar and hybrid-powered systems such as street lights, security systems, telecommunications systems, emergency power, and Internet of Things (IoT) devices. The Company operates in three geographical areas: Canada, the United States of America, and the Middle East, and Africa.