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Chineseworldnet.com (Chineseworldnet.com) Debt-to-Equity : -1.83 (As of Dec. 2023)


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What is Chineseworldnet.com Debt-to-Equity?

Chineseworldnet.com's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.22 Mil. Chineseworldnet.com's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil. Chineseworldnet.com's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $-0.12 Mil. Chineseworldnet.com's debt to equity for the quarter that ended in Dec. 2023 was -1.83.

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 Chineseworldnet.com's Debt-to-Equity or its related term are showing as below:

CWNOF' s Debt-to-Equity Range Over the Past 10 Years
Min: -4.62   Med: 0.11   Max: 0.69
Current: -1.83

During the past 13 years, the highest Debt-to-Equity Ratio of Chineseworldnet.com was 0.69. The lowest was -4.62. And the median was 0.11.

CWNOF's Debt-to-Equity is not ranked
in the Diversified Financial Services industry.
Industry Median: 0.13 vs CWNOF: -1.83

Chineseworldnet.com Debt-to-Equity Historical Data

The historical data trend for Chineseworldnet.com'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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Chineseworldnet.com Debt-to-Equity Chart

Chineseworldnet.com Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.24 0.44 0.69 -4.62 -1.83

Chineseworldnet.com Semi-Annual Data
Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.24 0.44 0.69 -4.62 -1.83

Competitive Comparison of Chineseworldnet.com's Debt-to-Equity

For the Shell Companies subindustry, Chineseworldnet.com'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.


Chineseworldnet.com's Debt-to-Equity Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Chineseworldnet.com's Debt-to-Equity distribution charts can be found below:

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



Chineseworldnet.com Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Chineseworldnet.com's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Chineseworldnet.com's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

* 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.


Chineseworldnet.com  (OTCPK:CWNOF) 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.


Chineseworldnet.com Debt-to-Equity Related Terms

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


Chineseworldnet.com (Chineseworldnet.com) Business Description

Traded in Other Exchanges
N/A
Address
75 Fort Street, P.O. Box 190, Appleby, Clifton House, Grand Cayman, CYM, KY1-1104
Chineseworldnet.com Inc is a shell company.

Chineseworldnet.com (Chineseworldnet.com) Headlines

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