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Mike The Pike Productions (Mike The Pike Productions) Debt-to-Equity : -0.26 (As of Sep. 2023)


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What is Mike The Pike Productions Debt-to-Equity?

Mike The Pike Productions's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.05 Mil. Mike The Pike Productions's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.00 Mil. Mike The Pike Productions's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $-0.19 Mil. Mike The Pike Productions's debt to equity for the quarter that ended in Sep. 2023 was -0.26.

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 Mike The Pike Productions's Debt-to-Equity or its related term are showing as below:

MIKP' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.26   Med: -0.26   Max: -0.26
Current: -0.26

During the past 0 years, the highest Debt-to-Equity Ratio of Mike The Pike Productions was -0.26. The lowest was -0.26. And the median was -0.26.

MIKP's Debt-to-Equity is not ranked
in the Media - Diversified industry.
Industry Median: 0.285 vs MIKP: -0.26

Mike The Pike Productions Debt-to-Equity Historical Data

The historical data trend for Mike The Pike Productions'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.

Mike The Pike Productions Debt-to-Equity Chart

Mike The Pike Productions Annual Data
Trend
Debt-to-Equity

Mike The Pike Productions Quarterly Data
Mar22 Jun22 Sep22 Mar23 Jun23 Sep23
Debt-to-Equity Get a 7-Day Free Trial N/A N/A - - -0.26

Competitive Comparison of Mike The Pike Productions's Debt-to-Equity

For the Entertainment subindustry, Mike The Pike Productions'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.

Mike The Pike Productions's Debt-to-Equity Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Mike The Pike Productions's Debt-to-Equity distribution charts can be found below:

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


Mike The Pike Productions Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Mike The Pike Productions's Debt to Equity Ratio for the fiscal year that ended in . 20 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
=( + ) / N/A
=N/A

Mike The Pike Productions's Debt to Equity Ratio for the quarter that ended in Sep. 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
=(0.05 + 0) / -0.194
=-0.26

* 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.

Mike The Pike Productions  (OTCPK:MIKP) 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.

Mike The Pike Productions Debt-to-Equity Related Terms

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Mike The Pike Productions (Mike The Pike Productions) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Mike The Pike Productions Inc (OTCPK:MIKP) » Definitions » Debt-to-Equity
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Traded in Other Exchanges
N/A
Address
20860 N Tatum Boulevard, Suite 300, Phoenix, AZ, USA, 85050
Website
http://www.mikethepike.com
Mike The Pike Productions Inc operates as a media holdings company with focus in the entertainment industry, including motion picture/entertainment content development, production & distribution, graphic novels, and literary assets.