Hestia Insight (Hestia Insight) Debt-to-Equity : 0.33 (As of Feb. 2024)

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What is Hestia Insight Debt-to-Equity?

Hestia Insight's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was $0.05 Mil. Hestia Insight's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was $0.00 Mil. Hestia Insight's Total Stockholders Equity for the quarter that ended in Feb. 2024 was $0.15 Mil. Hestia Insight's debt to equity for the quarter that ended in Feb. 2024 was 0.33.

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 Hestia Insight's Debt-to-Equity or its related term are showing as below:

HSTA' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.01 Max: 0.33
Current: 0.33

During the past 2 years, the highest Debt-to-Equity Ratio of Hestia Insight was 0.33. The lowest was 0.00. And the median was 0.01.

HSTA's Debt-to-Equity is ranked worse than
60.39% of 2224 companies
in the Software industry
Industry Median: 0.21 vs HSTA: 0.33

Hestia Insight Debt-to-Equity Historical Data

The historical data trend for Hestia Insight'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.

Hestia Insight Debt-to-Equity Chart

Hestia Insight Annual Data

Trend

Nov22

Nov23

Debt-to-Equity

0.01

Hestia Insight Quarterly Data
	Feb22	Aug22	Nov22	Feb23	Aug23	Nov23	Feb24
Debt-to-Equity	Get a 7-Day Free Trial			0.01	0.01	-	-	0.33

Competitive Comparison of Hestia Insight's Debt-to-Equity

For the Software - Application subindustry, Hestia Insight'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.

Hestia Insight's Debt-to-Equity Distribution in the Software Industry

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

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

Hestia Insight Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Hestia Insight's Debt to Equity Ratio for the fiscal year that ended in Nov. 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)	/	0.178
	=	0.00

Hestia Insight's Debt to Equity Ratio for the quarter that ended in Feb. 2024 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
	=	(0.05	+	0)	/	0.153
	=	0.33

Hestia Insight (OTCPK:HSTA) 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.

Hestia Insight Debt-to-Equity Related Terms

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Hestia Insight (Hestia Insight) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Hestia Insight Inc (OTCPK:HSTA) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

400 S. 4th Street, Suite 500, Las Vegas, NV, USA, 89101

Website

http://www.hestiainsight.com

Hestia Insight Inc provides strategic consulting and capital market advisory services for micro, small and medium-sized companies in the healthcare, biotech and fintech sectors. It also provides access to seed capital and mezzanine funding for qualified emerging companies in these industries. The firm derives all of its revenue from consulting services.