Kindcard (Kindcard) Debt-to-Equity : -0.45 (As of Jan. 2024)

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What is Kindcard Debt-to-Equity?

Kindcard's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was $0.21 Mil. Kindcard's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was $0.15 Mil. Kindcard's Total Stockholders Equity for the quarter that ended in Jan. 2024 was $-0.79 Mil. Kindcard's debt to equity for the quarter that ended in Jan. 2024 was -0.45.

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

KCRD' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.46 Med: -0.45 Max: -0.32
Current: -0.45

During the past 8 years, the highest Debt-to-Equity Ratio of Kindcard was -0.32. The lowest was -0.46. And the median was -0.45.

KCRD's Debt-to-Equity is not ranked
in the Software industry.
Industry Median: 0.21 vs KCRD: -0.45

Kindcard Debt-to-Equity Historical Data

The historical data trend for Kindcard'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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Kindcard Debt-to-Equity Chart

Kindcard Annual Data

Trend

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Debt-to-Equity

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-0.32

-0.46

-0.45

Kindcard Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Debt-to-Equity	Get a 7-Day Free Trial															-0.46	-0.46	-0.51	-0.44	-0.45

Competitive Comparison of Kindcard's Debt-to-Equity

For the Software - Infrastructure subindustry, Kindcard'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.

Kindcard's Debt-to-Equity Distribution in the Software Industry

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

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

Kindcard Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Kindcard's Debt to Equity Ratio for the fiscal year that ended in Jan. 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
	=	(0.208	+	0.15)	/	-0.794
	=	-0.45

Kindcard's Debt to Equity Ratio for the quarter that ended in Jan. 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
	=	(0.208	+	0.15)	/	-0.794
	=	-0.45

Kindcard (OTCPK:KCRD) 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.

Kindcard Debt-to-Equity Related Terms

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Kindcard (Kindcard) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Kindcard Inc (OTCPK:KCRD) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

1001 Yamato Road, Suite 100, Boca Raton, FL, USA, 33496

Website

https://www.kindcard.com

Kindcard Inc is the payment platform of the future. It offers a more secure and less expensive way for businesses to accept payment for services or products, rather than using cash, conventional checks or credit cards. It is providing proprietary stored value programs to small and mid-sized entities, chain stores, and other multi-location environments via its host-capture processing system.

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