Starguide Group (Starguide Group) Debt-to-Equity : -1.03 (As of Jan. 2024)

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What is Starguide Group Debt-to-Equity?

Starguide Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was $0.23 Mil. Starguide Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was $0.00 Mil. Starguide Group's Total Stockholders Equity for the quarter that ended in Jan. 2024 was $-0.22 Mil. Starguide Group's debt to equity for the quarter that ended in Jan. 2024 was -1.03.

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 Starguide Group's Debt-to-Equity or its related term are showing as below:

STRG' s Debt-to-Equity Range Over the Past 10 Years
Min: -8 Med: -1 Max: 0.67
Current: -0.36

During the past 5 years, the highest Debt-to-Equity Ratio of Starguide Group was 0.67. The lowest was -8.00. And the median was -1.00.

STRG's Debt-to-Equity is not ranked
in the Diversified Financial Services industry.
Industry Median: 0.13 vs STRG: -0.36

Starguide Group Debt-to-Equity Historical Data

The historical data trend for Starguide Group'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.

Starguide Group Debt-to-Equity Chart

Starguide Group Annual Data

Trend

Jan20

Jan21

Jan22

Jan23

Jan24

Debt-to-Equity

-2.00

0.57

-1.38

-3.80

-1.03

Starguide Group Quarterly Data
	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Debt-to-Equity	Get a 7-Day Free Trial														-3.80	-	-0.36	-0.36	-1.03

Competitive Comparison of Starguide Group's Debt-to-Equity

For the Shell Companies subindustry, Starguide Group'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.

Starguide Group's Debt-to-Equity Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Starguide Group's Debt-to-Equity distribution charts can be found below:

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

Starguide Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Starguide Group's Debt to Equity Ratio for the fiscal year that ended in Jan. 2024 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
	=	(0.229	+	0)	/	-0.223
	=	-1.03

Starguide Group's Debt to Equity Ratio for the quarter that ended in Jan. 2024 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
	=	(0.229	+	0)	/	-0.223
	=	-1.03

Starguide Group (OTCPK:STRG) 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.

Starguide Group Debt-to-Equity Related Terms

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Starguide Group (Starguide Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Starguide Group Inc (OTCPK:STRG) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

300 East, 2nd Street, Ste 1510 PMB 5010, Reno, NV, USA, 89501

Website

Starguide Group Inc is a development stage company formed to engage in the distribution of Indian traditional art and crafts from India to individuals and wholesalers.

Starguide Group (Starguide Group) Headlines

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