GURUFOCUS.COM » STOCK LIST » Technology » Software » OMNIQ Corp (OTCPK:OMQS) » Definitions » Debt-to-Equity

OMNIQ (OMQS) Debt-to-Equity : -0.36 (As of Dec. 2023)


View and export this data going back to . Start your Free Trial

What is OMNIQ Debt-to-Equity?

OMNIQ's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $11.32 Mil. OMNIQ's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1.28 Mil. OMNIQ's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $-35.02 Mil. OMNIQ's debt to equity for the quarter that ended in Dec. 2023 was -0.36.

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

OMQS' s Debt-to-Equity Range Over the Past 10 Years
Min: -208.25   Med: -1.87   Max: 19.55
Current: -0.36

During the past 13 years, the highest Debt-to-Equity Ratio of OMNIQ was 19.55. The lowest was -208.25. And the median was -1.87.

OMQS's Debt-to-Equity is not ranked
in the Software industry.
Industry Median: 0.21 vs OMQS: -0.36

OMNIQ Debt-to-Equity Historical Data

The historical data trend for OMNIQ'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.

OMNIQ Debt-to-Equity Chart

OMNIQ Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.72 -2.49 -208.25 -1.54 -0.36

OMNIQ Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1.54 -1.43 -0.97 -0.81 -0.36

Competitive Comparison of OMNIQ's Debt-to-Equity

For the Software - Application subindustry, OMNIQ'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.


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

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

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



OMNIQ Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

OMNIQ's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

OMNIQ's Debt to Equity Ratio for the quarter that ended in Dec. 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.


OMNIQ  (OTCPK:OMQS) 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.


OMNIQ Debt-to-Equity Related Terms

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


OMNIQ (OMQS) Business Description

Traded in Other Exchanges
N/A
Address
1865 West 2100 South, Salt Lake City, UT, USA, 84119
OMNIQ Corp provides computerized and machine vision image processing solutions that use patented and proprietary artificial intelligence (AI) technology to deliver data collection, real time surveillance and monitoring for supply chain management, homeland security, public safety, traffic and parking management and access control applications. The company provides products and solutions to two markets: supply chain management and smart/safe city.
Executives
Neev Nissenson director 42 CARRY WAY, CARSON CITY NV 89521
Mina Ayala Teicher director 22 VITKIN ST, TEL AVIV L3 63474
Guy Elhanani director 11 YOSEF NAKAR STREET, PETAH TIQVA L3 4977359
Itzhak Almog director 7/A MOLEDET ST, HOD HASHARON L3 45341
Shai Lustgarten director, officer: Chief Executive Officer 27, HAMETZUDA STREET, AZOR L3 5800171
Jason F Griffith director, officer: Chief Financial Officer 2580 ANTHEM VILLAGE DRIVE, HENDERSON NV 89052
Carlos Jaime Nissensohn 10 percent owner TRAVESA DE PRAIA 128, PRAIA DA LUZ S1 8600
Benjamin Kemper officer: Chief Financial Officer 1251 S. 1650 W, SYRACUSE UT 84075
Andrew J Macmillan director, officer: Chief Executive Officer NTS, INC., 5307 W. LOOP 289, LUBBOCK TX 79414
Yaron Shalem director 5 YISHAYAHU,, AURECH STREET,, TEL AVIV, L3 00000
Joseph Trombino officer: Chief Financial Officer 860 CONGER STREET, EUGENE OR 97402
Gilles Gaudreault director, officer: Chief Executive Officer 2580 ANTHEM VILLAGE DR., HENDERSON NV 89052
Viascan Group Inc. 10 percent owner 8102 TRANSCANADA HWY, ST-LAURENT A8 H751M5
Lewis William Austin Iv director 201 E 87TH STREET, APT 5H, NEW YORK NY 10128
Robert F. Shepard director 2580 ANTHEM VILLAGE DRIVE, HENDERSON NV 89052