American Graphite Technologies (American Graphite Technologies) Debt-to-Equity : -0.34 (As of Jul. 2023)

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What is American Graphite Technologies Debt-to-Equity?

American Graphite Technologies's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jul. 2023 was $0.09 Mil. American Graphite Technologies's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jul. 2023 was $0.00 Mil. American Graphite Technologies's Total Stockholders Equity for the quarter that ended in Jul. 2023 was $-0.26 Mil. American Graphite Technologies's debt to equity for the quarter that ended in Jul. 2023 was -0.34.

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 American Graphite Technologies's Debt-to-Equity or its related term are showing as below:

AGIN' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.69 Med: -0.51 Max: -0.34
Current: -0.34

During the past 7 years, the highest Debt-to-Equity Ratio of American Graphite Technologies was -0.34. The lowest was -0.69. And the median was -0.51.

AGIN's Debt-to-Equity is not ranked
in the Diversified Financial Services industry.
Industry Median: 0.13 vs AGIN: -0.34

American Graphite Technologies Debt-to-Equity Historical Data

The historical data trend for American Graphite Technologies'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.

American Graphite Technologies Debt-to-Equity Chart

American Graphite Technologies Annual Data

Trend

Jun10

Jun11

Jun12

Jun13

Jun14

Jun15

Oct22

Debt-to-Equity

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-3.08

-0.69

American Graphite Technologies Quarterly Data
	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23
Debt-to-Equity	Get a 7-Day Free Trial															N/A	-0.69	-0.68	-0.34	-0.34

Competitive Comparison of American Graphite Technologies's Debt-to-Equity

For the Shell Companies subindustry, American Graphite Technologies'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.

American Graphite Technologies's Debt-to-Equity Distribution in the Diversified Financial Services Industry

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

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

American Graphite Technologies Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

American Graphite Technologies's Debt to Equity Ratio for the fiscal year that ended in Oct. 2022 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
	=	(0.175	+	0)	/	-0.254
	=	-0.69

American Graphite Technologies's Debt to Equity Ratio for the quarter that ended in Jul. 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
	=	(0.088	+	0)	/	-0.257
	=	-0.34

American Graphite Technologies (OTCPK:AGIN) 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.

American Graphite Technologies Debt-to-Equity Related Terms

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American Graphite Technologies (American Graphite Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » American Graphite Technologies Inc (OTCPK:AGIN) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

6370 Woodhaven Boulevard, Suite 2F, Rego Park, New York, NY, USA, 11374

Website

https://www.americangraphitetechnologies.com

American Graphite Technologies Inc is a mineral exploration and technology development company.

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