OLB Group, Inc. Debt/Equity

Debt/Equity of OLB for past 10 years: annual, quarterly and twelve month trailing (TTM) including Debt/Equity growth rates and interactive chart. The debt-to-equity (D/E) ratio is calculated by dividing a company's total interest-bearing liabilities by its shareholder equity. These numbers are available on the balance sheet of a company's financial statements. The ratio is used to evaluate a company's financial leverage. The debt/equity ratio can be compared to a company's historical average or to peers. A ratio above 1 indicates the company has more debt than equity and a ratio above 3 is considered high. Below 0.5 means the company has little debt and significant capacity to expand it.

Highlights and Quick Summary

  • Debt/Equity for the quarter ending December 30, 2020 was 1.42 (a -6.54% decrease compared to previous quarter)
  • Year-over-year quarterly Debt/Equity decreased by -135.98%
  • Annual Debt/Equity for 2020 was 1.42 (a -130.83% decrease from previous year)
  • Annual Debt/Equity for 2019 was -4.6 (a -36.73% decrease from previous year)
  • Annual Debt/Equity for 2018 was -7.27 (a -Infinity% decrease from previous year)
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Historical Debt/Equity of OLB Group, Inc.

Most recent Debt/Equityof OLB including historical data for past 10 years.

Interactive Chart of Debt/Equity of OLB Group, Inc.

OLB Group, Inc. Debt/Equity for the past 10 Years (both Annual and Quarterly)

Year Q1 Q2 Q3 Q4 Fiscal Year
2020 1.42 1.52 -3.5 -3.94 1.42
2019 -4.6 -4.6
2018 -7.26 -7.27
2017 0.0
2016 -0.5

Business Profile of OLB Group, Inc.

Sector: Technology
Industry: Software—Application
The OLB Group, Inc. operates as a FinTech and payment facilitator company in the United States. It offers OmniSoft, a cloud-based business management platform that provides turnkey solutions for merchants to enable them to build and manage their retail businesses; eVance, a payment processing solution; SecurePay, a payment gateway and virtual terminal with proprietary business management tools; and CrowdPay.us, a white label capital raising platform. The company also operates ShopFast, a cloud-based omni-channel softwares. In addition, it provides ecommerce development and consulting services. The company was incorporated in 1993 and is headquartered in New York, New York.