KonaTel (KTEL) Debt to Equity (2010 - 2023)
KonaTel (KTEL) reported Debt to Equity of -$1.21 for Q4 2023, down 117.99% on a YoY basis from $6.74 in Q4 2022, and up 46.92% quarter-over-quarter from -$2.28 in Q3 2023.
KonaTel (KTEL) Debt to Equity (2010 - 2023) Analysis & Trends
KonaTel has reported Debt to Equity for 10 years, with the latest figure at -$1.21 in Q4 2023.
- For the quarter ending Q4 2023, Debt to Equity fell 117.99% year-over-year to -$1.21; the trailing twelve-month figure through Dec 2023 stood at -$1.21 (down 117.99% YoY), and the FY2023 full-year result was -$1.21, down 117.99% from the prior year.
- Debt to Equity for Q4 2023 stood at -$1.21, up from -$2.28 in the prior quarter.
- The five-year high for Debt to Equity was $8.21 in Q3 2022, with the low at -$11.3 in Q1 2023.
- Historically, Debt to Equity has averaged $0.02 across 5 years, with a median of $0.06 in 2021.
- Annual changes were most pronounced in 2022 — Debt to Equity soared 12006.22% — and 2023, when it slumped 20559.18%.
- KonaTel's Debt to Equity stood at $0.04 in 2019, then jumped by 137.29% to $0.1 in 2020, then tumbled by 41.21% to $0.06 in 2021, then surged by 11622.5% to $6.74 in 2022, then sank by 117.99% to -$1.21 in 2023.
- The last three Debt to Equity figures came in at -$1.21 (Q4 2023), -$2.28 (Q3 2023), and -$2.72 (Q2 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Bce | 382.57 Bn | 381.58 Bn | - | 1.84 |
| 2 | T-Mobile US | 195.94 Bn | 192.42 Bn | 17.62 Bn | 1.54 |
| 3 | Verizon Communications | 190.78 Bn | 183.73 Bn | 27.94 Bn | 1.65 |
| 4 | At&T | 159.64 Bn | 149.68 Bn | 25.25 Bn | 1.10 |
| 5 | Telefonica Brasil | 146.21 Bn | 144.47 Bn | 1.32 Bn | - |
| 6 | America Movil Sab De Cv | 128.31 Bn | 126.27 Bn | 10.13 Bn | - |
| 7 | Chunghwa Telecom | 109.39 Bn | 107.21 Bn | 719.92 Mn | - |
| 8 | Millicom International Cellular | 106.22 Bn | 104.67 Bn | - | - |
| 9 | Veon | 82.81 Bn | 80.59 Bn | - | - |
| 10 | KonaTel | - | - | 805,604.00 | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2023 | -1.21 |
| Sep 30, 2023 | -2.28 |
| Jun 30, 2023 | -2.72 |
| Mar 31, 2023 | -11.30 |
| Dec 31, 2022 | 6.74 |
| Sep 30, 2022 | 8.21 |
| Jun 30, 2022 | 2.07 |
| Mar 31, 2022 | 0.06 |
| Dec 31, 2021 | 0.06 |
| Sep 30, 2021 | 0.07 |
| Jun 30, 2021 | 0.09 |
| Mar 31, 2021 | 0.11 |
| Dec 31, 2020 | 0.10 |
| Sep 30, 2020 | 0.18 |
| Jun 30, 2020 | 0.21 |
| Mar 31, 2020 | 0.01 |
| Dec 31, 2019 | 0.04 |
| Sep 30, 2019 | 0.02 |
| Jun 30, 2019 | 0.03 |
| Mar 31, 2019 | 0.03 |