ProStar Holdings (TSXV:MAPS) Debt-to-Equity : -0.25 (As of Dec. 2023)

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What is ProStar Holdings Debt-to-Equity?

ProStar Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$0.16 Mil. ProStar Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$0.00 Mil. ProStar Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was C$-0.64 Mil. ProStar Holdings's debt to equity for the quarter that ended in Dec. 2023 was -0.25.

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

TSXV:MAPS' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.25 Med: -0.07 Max: 0.05
Current: -0.25

During the past 5 years, the highest Debt-to-Equity Ratio of ProStar Holdings was 0.05. The lowest was -0.25. And the median was -0.07.

TSXV:MAPS's Debt-to-Equity is not ranked
in the Software industry.
Industry Median: 0.21 vs TSXV:MAPS: -0.25

ProStar Holdings Debt-to-Equity Historical Data

The historical data trend for ProStar Holdings'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.

ProStar Holdings Debt-to-Equity Chart

ProStar Holdings Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

-0.16

0.05

0.02

-0.25

ProStar Holdings Quarterly Data
	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												-	0.20	-0.39	0.20	-0.25

Competitive Comparison of ProStar Holdings's Debt-to-Equity

For the Software - Application subindustry, ProStar Holdings'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.

ProStar Holdings's Debt-to-Equity Distribution in the Software Industry

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

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

ProStar Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

ProStar Holdings's Debt to Equity Ratio for the fiscal year that ended in Dec. 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
	=	(0.158	+	0)	/	-0.639
	=	-0.25

ProStar Holdings's Debt to Equity Ratio for the quarter that ended in Dec. 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
	=	(0.158	+	0)	/	-0.639
	=	-0.25

ProStar Holdings (TSXV:MAPS) 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.

ProStar Holdings Debt-to-Equity Related Terms

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ProStar Holdings (TSXV:MAPS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » ProStar Holdings Inc (TSXV:MAPS) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

MAPPF:USA

Address

760 Horizon Drive, Suite 200, Grand Junction, CO, USA, 81506

Website

https://www.prostarcorp.com

ProStar Holdings Inc specializes in the development of patented mapping software. ProStar's Precision Mapping Solutions are natively cloud and mobile and offered as Software as a Service. The company's Software as a Service provides the ability to capture, record, and display the precise location of critical infrastructure such as buried utilities and pipelines; which is all accomplished in real time through ProStar's patented geospatial intelligence software. The Company operates in one reportable segment, providing Geospatial Intelligence Software for asset-centric industries, and earns revenue in one region, North America.

Executives