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ATPC (Agape ATP) Debt-to-Equity : 0.11 (As of Jun. 2024)


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What is Agape ATP Debt-to-Equity?

Agape ATP's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $0.15 Mil. Agape ATP's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $0.21 Mil. Agape ATP's Total Stockholders Equity for the quarter that ended in Jun. 2024 was $3.22 Mil. Agape ATP's debt to equity for the quarter that ended in Jun. 2024 was 0.11.

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 Agape ATP's Debt-to-Equity or its related term are showing as below:

ATPC' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.04   Med: 0.07   Max: 0.88
Current: 0.11

During the past 7 years, the highest Debt-to-Equity Ratio of Agape ATP was 0.88. The lowest was 0.04. And the median was 0.07.

ATPC's Debt-to-Equity is ranked better than
78.7% of 1676 companies
in the Consumer Packaged Goods industry
Industry Median: 0.39 vs ATPC: 0.11

Agape ATP Debt-to-Equity Historical Data

The historical data trend for Agape ATP'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.

Agape ATP Debt-to-Equity Chart

Agape ATP Annual Data
Trend Jun17 Jun18 Jun19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial - 0.07 0.07 0.05 0.10

Agape ATP Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Debt-to-Equity 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 0.38 0.88 0.10 0.11 0.11

Competitive Comparison of Agape ATP's Debt-to-Equity

For the Packaged Foods subindustry, Agape ATP'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.

Agape ATP's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Agape ATP's Debt-to-Equity distribution charts can be found below:

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


Agape ATP Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Agape ATP'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
=(0.146 + 0.292) / 4.369
=0.10

Agape ATP's Debt to Equity Ratio for the quarter that ended in Jun. 2024 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
=(0.148 + 0.209) / 3.22
=0.11

* 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.

Agape ATP  (NAS:ATPC) 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.

Agape ATP Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Agape ATP's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Agape ATP Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Agape ATP Corp (NAS:ATPC) » Definitions » Debt-to-Equity
Comparable Companies
BFNH UMEWF FARM RGF YGF PLAG NAII ZHYBF SOWG TLCC XSWX:NESN KHC GIS XPAR:BN SHSE:603288 NSE:NESTLEIND SZSE:300999 SHSE:600887 TSE:2802 LSE:ABF
Traded in Other Exchanges
N/A
Address
Jalan Desa Bahagia, Taman Desa, Tower 2, Lot 1705-1708, 17th Floor, Faber Towers, Kuala Lumpur, SGR, MYS, 58100
Website
https://www.agapeatp.com
Agape ATP Corp through its subsidiaries is engaged in providing health and wellness products and health solution advisory services. The principal activities of the company are to supply high-quality health and wellness products, including a supplement to assist in cell metabolism, detoxification, blood circulation, anti-aging and products designed to improve the overall health system in a body. Its product portfolio includes ATP1s Survivor Select, ATP2 Energized Mineral Concentrate, ATP3 Ionized Cal-Mag, ATP4 Omega Blend, AGN-Vege Fruit Fiber and Others.