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Debt / Tangible Equity for POSaBIT Systems Corp

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POSA.F: POSaBIT Systems Corp

POSaBIT Systems Corporation operates as a financial infrastructure provider in the United States. It provides point-of-sale (POS) software as a service and cashless payment services for cannabis retai...

0.07 USD
Price
USD
Fair Value
Upside
0.04 - 0.16
52-week range

Analysis

Fiscal Years
Trailing Twelve Months
Fiscal Halfs
Fiscal Quarters
Daily
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The following section summarizes insights on POSaBIT Systems Corp's Debt / Tangible Equity:

Dec 2015Dec 2017Dec 2019Dec 2021Dec 2023-100.0%-50.0%0.0%50.0%100.0%

Performance Summary
  • POSaBIT Systems's debt / tangible equity last quarter was 261.2%
  • POSaBIT Systems's debt / tangible equity for fiscal years ending December 2019 to 2023 averaged 11.7%.
  • POSaBIT Systems's operated at median debt / tangible equity of -1.5% from fiscal years ending December 2019 to 2023.
  • Looking back at the last 5 years, POSaBIT Systems's debt / tangible equity peaked in September 2024 at 261.2%.
  • POSaBIT Systems's debt / tangible equity hit its 5-year low in December 2019 of -20.0%.
  • POSaBIT Systems's debt / tangible equity decreased in 2019 (-20.0%, +518.3%) and increased in 2020 (-11.8%, -41.0%), 2021 (-1.5%, -87.0%), 2022 (5.6%, -462.7%), and 2023 (86.3%, +1,440.0%).

How does POSaBIT Systems's Debt / Tangible Equity benchmark against competitors?

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We've identified the following companies as similar to POSaBIT Systems Corp because they operate in a related industry or sector. We also considered size, growth, and various financial metrics to narrow down the list to the ones listed below.

Metric Usage: Debt / Tangible Equity

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debt_to_equity_tangible
Slug
number
Datatype
text
Format
current
Default Period
FY, Q
Periods Supported
Free
Plan

To view the full list of supported financial metrics please see Complete Metrics Listing.

Similar Metrics

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Metrics similar to Debt / Tangible Equity in the risk category include:

  • Beta (5 Year) - A ratio that measures the risk or volatility of a company's share price in comparison to the market as a whole. A beta of 1.0 means that the company rises and falls in direct relationship to the movement of the benchmark index. A beta that is less than 1 indicates a stock that is less volatile than the overall market and a beta greater than 1 indicates that the stock is more volatile.
  • Altman Z-Score - A formula used to predict the probability that a firm will go into bankruptcy within two years.
  • Interest Coverage Ratio - A ratio used to assess a firm's ability to pay interest expenses based on operating profits (EBIT).
  • Sloan Ratio - A formula developed by Richard Sloan in 1996 that measures the degree of accruals versus reported earnings.
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Debt / Tangible Equity

A ratio that measures the level of the debt relative to the book value of tangible common equity.

Definition of Debt / Tangible Equity

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A ratio that measures the level of the debt relative to the book value of tangible common equity.

Sector Benchmark Analysis

Sector
Industry Group
Industry
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-357.4%42.6%442.6%1,127.1%04008001,200

The chart above depicts the distribution of debt / tangible equity for companies operating in the Financials sector in the Developed economic region. Over 2,870 companies were considered in this analysis, and 2,760 had meaningful values. The average debt / tangible equity of companies in the sector is 74.5% with a standard deviation of 168.9%.

POSaBIT Systems Corp's Debt / Tangible Equity of 261.2% ranks in the 90.3% percentile for the sector. The following table provides additional summary stats:

Debt / Tangible Equity In The Financials Sector
Economic Risk RegionDeveloped
Total Constituents2,874
Included Constituents2,760
Min-384.3%
Max1,100.0%
Median14.5%
Mean74.5%
Standard Deviation168.9%

You can find companies with similar debt / tangible equity using this stock screener.

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