Mint Payments Debt/Equity
What is the Debt/Equity of Mint Payments?
The Debt/Equity of Mint Payments Limited is -5.67
What is the definition of Debt/Equity?
Debt to equity ratio is a financial ratio indicating the relative proportion of shareholders’ equity and debt used to finance a company’s assets.
lfy (last fiscal year)
The debt to equity ratio is generally calculated by dividing debt by equity. The D/E ratio is also known as risk, gearing or leverage. The two components are often taken from the firm's balance sheet or statement of financial position (so-called book value), but the ratio may also be calculated using market values for both, if the company's debt and equity are publicly traded, or using a combination of book value for debt and market value for equity financially. Preferred stock can be considered part of debt or equity. Attributing preferred shares to one or the other is partially a subjective decision but will also take into account the specific features of the preferred shares. When used to calculate a company's financial leverage, the debt usually includes only the long-term debt.
Debt/Equity of companies in the Technology sector on ASX compared to Mint Payments
What does Mint Payments do?
Mint Payments Limited provides mobile payments and transaction services in Australia. The company provides omnichannel payment processing solutions that enable businesses to process and manage their payments. Its products include Mint mPOS solution; Move 5000, a payment processing tool that accepts payments on the shop floor or at the table; Virtual Terminal, a cloud based payment processing tool; Mint Online, an online payment gateway; and Enterprise and White Label solution. It serves the travel, hospitality, and professional services sectors. The company was formerly known as Mint Wireless Limited and changed its name to Mint Payments Limited in December 2014. Mint Payments Limited was incorporated in 2006 and is based in Gladesville, Australia.
Companies with debt/equity similar to Mint Payments
- Spectra7 Microsystems Inc has Debt/Equity of -5.74
- Goldex Resources has Debt/Equity of -5.73
- Nanoveu has Debt/Equity of -5.71
- ProntoForms has Debt/Equity of -5.70
- T2 Biosystems has Debt/Equity of -5.69
- Creso Pharma has Debt/Equity of -5.69
- Mint Payments has Debt/Equity of -5.67
- Netlinkz has Debt/Equity of -5.66
- DigitalOcean has Debt/Equity of -5.66
- Faster Enterprises has Debt/Equity of -5.66
- Videocon Industries has Debt/Equity of -5.61
- Legion Capital has Debt/Equity of -5.60
- Tijaria Polypipes has Debt/Equity of -5.60