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Token Communities (Token Communities) Debt-to-Equity : 0.00 (As of Dec. 2023)


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What is Token Communities Debt-to-Equity?

Token Communities's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil. Token Communities's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil. Token Communities's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $-1.50 Mil. Token Communities's debt to equity for the quarter that ended in Dec. 2023 was 0.00.

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

TKCM' s Debt-to-Equity Range Over the Past 10 Years
Min: -1.2   Med: -0.93   Max: -0.65
Current: -0.92

During the past 7 years, the highest Debt-to-Equity Ratio of Token Communities was -0.65. The lowest was -1.20. And the median was -0.93.

TKCM's Debt-to-Equity is not ranked
in the Capital Markets industry.
Industry Median: 0.37 vs TKCM: -0.92

Token Communities Debt-to-Equity Historical Data

The historical data trend for Token Communities'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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Token Communities Debt-to-Equity Chart

Token Communities Annual Data
Trend Jun16 Jun17 Jun18 Jun20 Jun21 Jun22 Jun23
Debt-to-Equity
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Token Communities Quarterly Data
Mar18 Jun18 Sep18 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 -0.65 -0.96 - - -

Competitive Comparison of Token Communities's Debt-to-Equity

For the Capital Markets subindustry, Token Communities'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.


Token Communities's Debt-to-Equity Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Token Communities's Debt-to-Equity distribution charts can be found below:

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



Token Communities Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Token Communities's Debt to Equity Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Token Communities'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.


Token Communities  (OTCPK:TKCM) 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.


Token Communities Debt-to-Equity Related Terms

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


Token Communities (Token Communities) Business Description

Traded in Other Exchanges
N/A
Address
850 Tidewater Shore Loop, Suite 402, Bradenton, FL, USA, 34208
Token Communities Ltd is the United States based development stage company. Token Communities researches and creates a white paper analysis for companies regarding blockchain technology.

Token Communities (Token Communities) Headlines