i(x) Net Zero (i(x) Net Zero) Debt-to-Equity : 0.01 (As of Jun. 2023)

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What is i(x) Net Zero Debt-to-Equity?

i(x) Net Zero's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $0.19 Mil. i(x) Net Zero's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $0.83 Mil. i(x) Net Zero's Total Stockholders Equity for the quarter that ended in Jun. 2023 was $120.77 Mil. i(x) Net Zero's debt to equity for the quarter that ended in Jun. 2023 was 0.01.

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 i(x) Net Zero's Debt-to-Equity or its related term are showing as below:

IXNZF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.01 Max: 0.2
Current: 0.01

During the past 5 years, the highest Debt-to-Equity Ratio of i(x) Net Zero was 0.20. The lowest was 0.01. And the median was 0.01.

IXNZF's Debt-to-Equity is ranked better than
99.9% of 1015 companies
in the Asset Management industry
Industry Median: 0.19 vs IXNZF: 0.01

i(x) Net Zero Debt-to-Equity Historical Data

The historical data trend for i(x) Net Zero'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.

i(x) Net Zero Debt-to-Equity Chart

i(x) Net Zero Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

0.20

0.10

0.04

0.01

i(x) Net Zero Quarterly Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Debt-to-Equity	Get a 7-Day Free Trial				N/A	0.01	0.01	0.01	0.01

Competitive Comparison of i(x) Net Zero's Debt-to-Equity

For the Asset Management subindustry, i(x) Net Zero'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.

i(x) Net Zero's Debt-to-Equity Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, i(x) Net Zero's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where i(x) Net Zero's Debt-to-Equity falls into.

i(x) Net Zero Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

i(x) Net Zero'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
	=	(0.364	+	0.032)	/	59.652
	=	0.01

i(x) Net Zero'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
	=	(0.185	+	0.832)	/	120.767
	=	0.01

i(x) Net Zero (OTCPK:IXNZF) 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.

i(x) Net Zero Debt-to-Equity Related Terms

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i(x) Net Zero (i(x) Net Zero) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » i(x) Net Zero PLC (OTCPK:IXNZF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

IX.:UK

Address

44 Esplanade Street, 3rd Floor, St Helier, JEY, JE4 9WG

Website

https://www.ixnetzero.com

i(x) Net Zero PLC is an investment company that focuses on Energy Transition and Sustainability in the Built Environment. It provides its shareholders with the opportunity to create long-term capital growth with a positive, scalable, measurable, and sustainable impact on the environment and on the communities it serves.

i(x) Net Zero (i(x) Net Zero) Headlines

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