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Innovative Holdings Alliance (Innovative Holdings Alliance) Debt-to-Equity : -1.04 (As of Aug. 2023)


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What is Innovative Holdings Alliance Debt-to-Equity?

Innovative Holdings Alliance's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Aug. 2023 was $0.36 Mil. Innovative Holdings Alliance's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Aug. 2023 was $0.00 Mil. Innovative Holdings Alliance's Total Stockholders Equity for the quarter that ended in Aug. 2023 was $-0.34 Mil. Innovative Holdings Alliance's debt to equity for the quarter that ended in Aug. 2023 was -1.04.

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 Innovative Holdings Alliance's Debt-to-Equity or its related term are showing as below:

IHAI' s Debt-to-Equity Range Over the Past 10 Years
Min: -1.04   Med: -1.04   Max: -1.04
Current: -1.04

During the past 0 years, the highest Debt-to-Equity Ratio of Innovative Holdings Alliance was -1.04. The lowest was -1.04. And the median was -1.04.

IHAI's Debt-to-Equity is not ranked
in the Diversified Financial Services industry.
Industry Median: 0.13 vs IHAI: -1.04

Innovative Holdings Alliance Debt-to-Equity Historical Data

The historical data trend for Innovative Holdings Alliance'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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Innovative Holdings Alliance Debt-to-Equity Chart

Innovative Holdings Alliance Annual Data
Trend
Debt-to-Equity

Innovative Holdings Alliance Semi-Annual Data
Aug22 Aug23
Debt-to-Equity N/A -1.04

Competitive Comparison of Innovative Holdings Alliance's Debt-to-Equity

For the Shell Companies subindustry, Innovative Holdings Alliance'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.


Innovative Holdings Alliance's Debt-to-Equity Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Innovative Holdings Alliance's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Innovative Holdings Alliance's Debt-to-Equity falls into.



Innovative Holdings Alliance Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Innovative Holdings Alliance's Debt to Equity Ratio for the fiscal year that ended in . 20 is calculated as

Innovative Holdings Alliance's Debt to Equity Ratio for the quarter that ended in Aug. 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.


Innovative Holdings Alliance  (OTCPK:IHAI) 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.


Innovative Holdings Alliance Debt-to-Equity Related Terms

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


Innovative Holdings Alliance (Innovative Holdings Alliance) Business Description

Traded in Other Exchanges
N/A
Address
12850 Hwy 9 North, Suite 600-462, Alpharetta, GA, USA, 30004
Innovative Holdings Alliance Inc plans to participate in and acquire interests that are edge in their respective market niches and have expectations of enhancing shareholder value.

Innovative Holdings Alliance (Innovative Holdings Alliance) Headlines