Coin Citadel (Coin Citadel) Debt-to-Equity : 60.00 (As of Jun. 2023)

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What is Coin Citadel Debt-to-Equity?

Coin Citadel's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $0.00 Mil. Coin Citadel's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $0.06 Mil. Coin Citadel's Total Stockholders Equity for the quarter that ended in Jun. 2023 was $0.00 Mil. Coin Citadel's debt to equity for the quarter that ended in Jun. 2023 was 60.00.

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 Coin Citadel's Debt-to-Equity or its related term are showing as below:

CCTL' s Debt-to-Equity Range Over the Past 10 Years
Min: 60 Med: 60 Max: 60
Current: 60

During the past 0 years, the highest Debt-to-Equity Ratio of Coin Citadel was 60.00. The lowest was 60.00. And the median was 60.00.

CCTL's Debt-to-Equity is ranked worse than
99.84% of 609 companies
in the Capital Markets industry
Industry Median: 0.38 vs CCTL: 60.00

Coin Citadel Debt-to-Equity Historical Data

The historical data trend for Coin Citadel'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.

Coin Citadel Debt-to-Equity Chart

Coin Citadel Annual Data

Trend

Debt-to-Equity

Coin Citadel Semi-Annual Data
	Jun23
Debt-to-Equity	60.00

Competitive Comparison of Coin Citadel's Debt-to-Equity

For the Capital Markets subindustry, Coin Citadel'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.

Coin Citadel's Debt-to-Equity Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Coin Citadel's Debt-to-Equity distribution charts can be found below:

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

Coin Citadel Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Coin Citadel's Debt to Equity Ratio for the fiscal year that ended in . 20 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
	=	(	+	)	/	N/A
	=	N/A

Coin Citadel's Debt to Equity Ratio for the quarter 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	+	0.06)	/	0.001
	=	60.00

Coin Citadel (OTCPK:CCTL) 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.

Coin Citadel Debt-to-Equity Related Terms

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

Coin Citadel (Coin Citadel) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Coin Citadel (OTCPK:CCTL) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

401 Ryland Street, Reno, NV, USA, 89502

Website

https://www.coincitadel.net

Coin Citadel is a Fintech company. The company is engaged in the bitcoin, blockchain, and digital currency industries. Coin Citadel mines Bitcoin Cash (BCH), Bitcoin Satoshi Vision (BSV), and other Secure Hash Algorithm (SHA) 256 based protocol cryptocurrencies. Coin Citadel also owns additional miners from other manufacturers which mine Litecoin (LTC), Zcash (ZEC), and Ethereum (ETH).

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