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ePlus (PLUS) Liabilities-to-Assets : 0.45 (As of Dec. 2023)


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What is ePlus Liabilities-to-Assets?

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. ePlus's Total Liabilities for the quarter that ended in Dec. 2023 was $718 Mil. ePlus's Total Assets for the quarter that ended in Dec. 2023 was $1,596 Mil. Therefore, ePlus's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 0.45.


ePlus Liabilities-to-Assets Historical Data

The historical data trend for ePlus's Liabilities-to-Assets 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 Liabilities-to-Assets Chart

ePlus Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.46 0.47 0.48 0.43 0.45

ePlus Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Liabilities-to-Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.53 0.45 0.52 0.48 0.45

Competitive Comparison of ePlus's Liabilities-to-Assets

For the Software - Application subindustry, ePlus's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets 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 Liabilities-to-Assets Distribution in the Software Industry

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

* The bar in red indicates where ePlus's Liabilities-to-Assets falls into.



ePlus Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

ePlus's Liabilities-to-Assets Ratio for the fiscal year that ended in Mar. 2023 is calculated as:

Liabilities-to-Assets (A: Mar. 2023 )=Total Liabilities/Total Assets
=632.561/1414.826
=0.45

ePlus's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 is calculated as

Liabilities-to-Assets (Q: Dec. 2023 )=Total Liabilities/Total Assets
=717.844/1595.597
=0.45

* 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.


ePlus  (NAS:PLUS) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


ePlus Liabilities-to-Assets Related Terms

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ePlus (PLUS) Business Description

Industry
Traded in Other Exchanges
Address
13595 Dulles Technology Drive, Herndon, VA, USA, 20171-3413
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