ARGC (Arion Group) Debt-to-Equity : -1.44 (As of Oct. 2023)

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What is Arion Group Debt-to-Equity?

Arion Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2023 was $0.38 Mil. Arion Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2023 was $0.00 Mil. Arion Group's Total Stockholders Equity for the quarter that ended in Oct. 2023 was $-0.26 Mil. Arion Group's debt to equity for the quarter that ended in Oct. 2023 was -1.44.

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

ARGC' s Debt-to-Equity Range Over the Past 10 Years
Min: -1.54 Med: -0.98 Max: 3
Current: -1.44

During the past 7 years, the highest Debt-to-Equity Ratio of Arion Group was 3.00. The lowest was -1.54. And the median was -0.98.

ARGC's Debt-to-Equity is not ranked
in the Diversified Financial Services industry.
Industry Median: 0.14 vs ARGC: -1.44

Arion Group Debt-to-Equity Historical Data

The historical data trend for Arion 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.

Arion Group Debt-to-Equity Chart

Arion Group Annual Data

Trend

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Debt-to-Equity

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-1.54

-0.90

-1.13

-0.98

-1.15

Arion Group Quarterly Data
	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23
Debt-to-Equity	Get a 7-Day Free Trial															-1.00	-1.15	-1.12	-1.30	-1.44

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

For the Shell Companies subindustry, Arion 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.

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

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

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

Arion Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Arion Group's Debt to Equity Ratio for the fiscal year that ended in Jan. 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
	=	(0.26	+	0)	/	-0.226
	=	-1.15

Arion Group's Debt to Equity Ratio for the quarter that ended in Oct. 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
	=	(0.379	+	0)	/	-0.263
	=	-1.44

Arion Group (OTCPK:ARGC) 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.

Arion Group Debt-to-Equity Related Terms

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Arion Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Arion Group Corp (OTCPK:ARGC) » Definitions » Debt-to-Equity

Comparable Companies

LSE:DRV MIL:FTC OSTO:TRG HKSE:08173 HKSE:08501 TSE:4422 TSE:3719 OHEL:TRH1V IST:IDEAS TSE:6578

Traded in Other Exchanges

N/A

Address

11268 Rush Street, South El Monte, CA, USA, 91733

Website

Arion Group Corp is currently a start-up company exploring various manufacturing and distribution business opportunities in the dietary ingredient and nutritional supplement industry.

Arion Group Headlines

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