AGBA Group Holding (AGBA Group Holding) Debt-to-Equity : 2.31 (As of Dec. 2023)

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What is AGBA Group Holding Debt-to-Equity?

AGBA Group Holding's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $8.03 Mil. AGBA Group Holding's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $10.65 Mil. AGBA Group Holding's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $8.10 Mil. AGBA Group Holding's debt to equity for the quarter that ended in Dec. 2023 was 2.31.

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

AGBAW' s Debt-to-Equity Range Over the Past 10 Years
Min: -23.42 Med: 0.17 Max: 2.31
Current: 2.31

During the past 4 years, the highest Debt-to-Equity Ratio of AGBA Group Holding was 2.31. The lowest was -23.42. And the median was 0.17.

AGBAW's Debt-to-Equity is ranked worse than
89.16% of 609 companies
in the Capital Markets industry
Industry Median: 0.38 vs AGBAW: 2.31

AGBA Group Holding Debt-to-Equity Historical Data

The historical data trend for AGBA Group Holding'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.

AGBA Group Holding Debt-to-Equity Chart

AGBA Group Holding Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

-23.42

0.17

2.31

AGBA Group Holding Quarterly Data
	Dec20	Mar21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial							0.17	2.19	7.46	-6.42	2.31

Competitive Comparison of AGBA Group Holding's Debt-to-Equity

For the Capital Markets subindustry, AGBA Group Holding'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.

AGBA Group Holding's Debt-to-Equity Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, AGBA Group Holding's Debt-to-Equity distribution charts can be found below:

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

AGBA Group Holding Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

AGBA Group Holding's Debt to Equity Ratio for the fiscal year 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
	=	(8.034	+	10.646)	/	8.103
	=	2.31

AGBA Group Holding'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
	=	(8.034	+	10.646)	/	8.103
	=	2.31

AGBA Group Holding (NAS:AGBAW) 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.

AGBA Group Holding Debt-to-Equity Related Terms

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AGBA Group Holding (AGBA Group Holding) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » AGBA Group Holding Ltd (NAS:AGBAW) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

AGBA:USA D6D:Germany

Address

68 Johnston Road, AGBA Tower, Wan Chai, Hong Kong, HKG

Website

https://www.agba.com

AGBA Group Holding Ltd provides healthcare, wellness, financial advisory, and fintech services. The group is organized into four divisions: Platform, Distribution, Healthcare, and Fintech. The AGBA platform helps individual and corporate customers with better financial, medical, and healthcare service options. The AGBA is a unique omnichannel one-stop financial business solution platform that offers financial services, expands business opportunities, and enhances business productivity to licensed financial advisors, licensed brokers, and licensed financial institutions.