ePlus (PLUS) Debt-to-Equity : 0.16 (As of Dec. 2023)

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What is ePlus Debt-to-Equity?

ePlus's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $129 Mil. ePlus's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $12 Mil. ePlus's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $878 Mil. ePlus's debt to equity for the quarter that ended in Dec. 2023 was 0.16.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for ePlus's Debt-to-Equity or its related term are showing as below:

PLUS' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.16 Med: 0.47 Max: 0.74
Current: 0.16

During the past 13 years, the highest Debt-to-Equity Ratio of ePlus was 0.74. The lowest was 0.16. And the median was 0.47.

PLUS's Debt-to-Equity is ranked better than
56.08% of 2220 companies
in the Software industry
Industry Median: 0.21 vs PLUS: 0.16

ePlus Debt-to-Equity Historical Data

The historical data trend for ePlus's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

ePlus Debt-to-Equity Chart

ePlus Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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0.39

0.44

0.31

0.27

0.22

ePlus Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.41	0.22	0.32	0.26	0.16

Competitive Comparison of ePlus's Debt-to-Equity

For the Software - Application subindustry, ePlus's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

ePlus's Debt-to-Equity Distribution in the Software Industry

For the Software industry and Technology sector, ePlus's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where ePlus's Debt-to-Equity falls into.

ePlus Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

ePlus's Debt to Equity Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(165.431	+	9.522)	/	782.265
	=	0.22

ePlus's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(128.683	+	12.233)	/	877.753
	=	0.16

ePlus (NAS:PLUS) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

ePlus Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of ePlus's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

ePlus (PLUS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » ePlus Inc (NAS:PLUS) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

MLE:Germany MLE:Germany

Address

13595 Dulles Technology Drive, Herndon, VA, USA, 20171-3413

Website

https://www.eplus.com

ePlus Inc is a holding company. ePlus through its subsidiaries provides information technology solutions. The company's technology solutions enable organizations to optimize their IT environment and supply chain processes. It also provides consulting, professional and managed services, and complete lifecycle management services including flexible financing solutions. ePlus focuses on selling to medium and large enterprises in the United States and to customers in select international markets including the United Kingdom, the European Union, India, Singapore, and Israel..

Executives

Darren S Raiguel	officer: Chief Operating Officer	25850 YELLOW BIRCH COURT, ALDIE VA 20105
Elaine D Marion	officer: Chief Financial Officer	13595 DULLES TECHNOLOGY DRIVE, HERNDON VA 20171-3413
Renee Bergeron	director	1347 PANINI DRIVE, HENDERSON NV 89052
John E Callies	director	13595 DULLES TECHNOLOGY DRIVE, HERNDON VA 20171
Ira A Hunt	director	1051 DEAD RUN DRIVE, MCLEAN VA 22101
Maureen F Morrison	director	C/O ASBURY AUTOMOTIVE GROUP, 2905 PREMIERE PKWY, STE 300, DULUTH GA 30097
Ben Xiang	director	15 MACARTHUR PLACE, UNIT 1604, SANTA ANA CA 92707
Eric D Hovde	10 percent owner	122 W. WASHINGTON AVENUE, SUITE 350, MADISON WI 53703
Bruce M Bowen	director, officer: Executive Vice President	C/O EPLUS INC., 13595 DULLES TECHNOLOGY DRIVE, HERNDON VA 20171-3413
Mark P Marron	director, officer: Chief Executive Officer
Lawrence S Herman	director	C/O EPLUS INC, 13595 DULLES TECHNOLOGY DRIVE, HERNDON VA 20171-3413
Faulders C Thomas Iii	director	13595 DULLES TECHNOLOGY DRIVE, HERNDON VA 20171-3413
Phillip G Norton	director, 10 percent owner, officer: President/CEO	C/O EPLUS INC., 13595 DULLES TECHNOLOGY DRIVE, HERNDON VA 20171-3413
Terrence Odonnell	director	13595 DULLES TECHNOLOGY DRIVE, HERNDON VA 20171-3413
Steven J Mencarini	officer: SVP/CFO	C/O EPLUS INC., 13595 DULLES TECHNOLOGY DRIVE, HERNDON VA 20171-3413