Ultrack Systems (Ultrack Systems) Debt-to-Equity : 0.00 (As of . 20)

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What is Ultrack Systems Debt-to-Equity?

Ultrack Systems's Short-Term Debt & Capital Lease Obligation for the quarter that ended in . 20 was $0.00 Mil. Ultrack Systems's Long-Term Debt & Capital Lease Obligation for the quarter that ended in . 20 was $0.00 Mil. Ultrack Systems's Total Stockholders Equity for the quarter that ended in . 20 was $0.00 Mil.

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

MJLB's Debt-to-Equity is not ranked ^*
in the Hardware industry.
Industry Median: 0.29
* Ranked among companies with meaningful Debt-to-Equity only.

Ultrack Systems Debt-to-Equity Historical Data

The historical data trend for Ultrack Systems'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.

Ultrack Systems Debt-to-Equity Chart

Ultrack Systems Annual Data

Trend

Debt-to-Equity

Ultrack Systems Quarterly Data

Debt-to-Equity

Competitive Comparison of Ultrack Systems's Debt-to-Equity

For the Scientific & Technical Instruments subindustry, Ultrack Systems'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.

Ultrack Systems's Debt-to-Equity Distribution in the Hardware Industry

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

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

Ultrack Systems Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Ultrack Systems'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

Ultrack Systems's Debt to Equity Ratio for the quarter 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

Ultrack Systems (OTCPK:MJLB) 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.

Ultrack Systems Debt-to-Equity Related Terms

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Ultrack Systems (Ultrack Systems) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Ultrack Systems Inc (OTCPK:MJLB) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

11 Buttermill Avenue, Concord, ON, CAN, L4K 3X1

Website

https://www.ultrack.ca

Ultrack Systems Inc helps its clients locate, track, and manage their assets using wireless and GPS-based technologies. It provides an accurate and affordable means of tracking moving assets. Its compact trackers and easy-to-use tracking software allow the monitor or track any asset virtually anywhere in the world. This kind of application results in improved security, productivity, and customer service. Each vehicle outfitted with a unit can be seen from a virtual map platform and managing a fleet of vehicles becomes easy, efficient, and effortless. This tool is useful in determining the quality of the driver behind the wheel and who is an asset or a liability to the company.

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