AGTech Holdings (AGTech Holdings) Debt-to-Equity

: N/A (As of Sep. 2023)

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AGTech Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.00 Mil. AGTech Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.00 Mil. AGTech Holdings's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $0.00 Mil.

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 AGTech Holdings's Debt-to-Equity or its related term are showing as below:

AGTEF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.03 Max: 0.61
Current: 0.03

During the past 13 years, the highest Debt-to-Equity Ratio of AGTech Holdings was 0.61. The lowest was 0.01. And the median was 0.03.

AGTEF's Debt-to-Equity is ranked better than
92.61% of 690 companies
in the Travel & Leisure industry
Industry Median: 0.47 vs AGTEF: 0.03

AGTech Holdings Debt-to-Equity Historical Data

The historical data trend for AGTech Holdings'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.

AGTech Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

0.01

0.02

0.01

0.03

AGTech Holdings 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																0.03	N/A	0.02	N/A	0.03

Competitive Comparison

For the Gambling subindustry, AGTech Holdings'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.

AGTech Holdings Debt-to-Equity Distribution

For the Travel & Leisure industry and Consumer Cyclical sector, AGTech Holdings's Debt-to-Equity distribution charts can be found below:

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

AGTech Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

AGTech Holdings'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
	=	(1.479	+	7.206)	/	339.506
	=	0.03

AGTech Holdings's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(0	+	0)	/	0
	=	N/A

AGTech Holdings (OTCPK:AGTEF) 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.

AGTech Holdings Debt-to-Equity Related Terms

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AGTech Holdings (AGTech Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » AGTech Holdings Ltd (OTCPK:AGTEF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

08279:Hong Kong

Address

Times Square, Causeway Bay, Unit 3912, 39th Floor, Tower Two, Hong Kong, HKG

Website

https://www.agtech.com

AGTech Holdings Ltd is an investment holding company that operates in two segments. The lottery operation segment includes sales and leasing of lottery hardware (including the provision of related after-sale services), provision of lottery distribution and ancillary services in Mainland China; and other related services. The electronic payment & related services segment includes the provision of payment card services and ancillary services; the provision of e-wallet services; the provision of acquiring services for other payment service providers; the sale and leasing of payment terminals and equipment; and other related services in Macau & generates the majority of revenue. Its geographical segments are Hong Kong, China, and Others, of which the majority of its revenue comes from China.

AGTech Holdings (AGTech Holdings) Headlines

From GuruFocus

AGTech Holdings Limited (HK.8279) Included in MSCI World Micro Cap Index

By ACCESSWIRE • 12-09-2023