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ShiftPixy Inc Debt/Equity

What is the Debt/Equity of ShiftPixy Inc?

The Debt/Equity of ShiftPixy Inc is -1.13

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 Industrials sector on NASDAQ compared to ShiftPixy Inc

What does ShiftPixy Inc do?

shiftpixy is enabling gig economy participation and engagement for your business designed to sync work opportunities from job providers with the open time slots of available shift workers. shiftpixy manages relationships with job providers to take open shift opportunities that are filling their schedules and offer them as work opportunities to qualified workers without the formal job interview and commitments. the shiftpixy app allows shift workers to enroll, profile and prequalify based on their work and training experience for open shift opportunities. “shifters” can earn provider specific qualifications to boost their score and access to more shift opportunities.

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