CAHO (Caro Holdings) Debt-to-Equity : -1.52 (As of Sep. 2024)

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What is Caro Holdings Debt-to-Equity?

Caro Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $0.86 Mil. Caro Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $0.00 Mil. Caro Holdings's Total Stockholders Equity for the quarter that ended in Sep. 2024 was $-0.56 Mil. Caro Holdings's debt to equity for the quarter that ended in Sep. 2024 was -1.52.

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

CAHO' s Debt-to-Equity Range Over the Past 10 Years
Min: -2.34 Med: -1.54 Max: -0.88
Current: -1.52

During the past 9 years, the highest Debt-to-Equity Ratio of Caro Holdings was -0.88. The lowest was -2.34. And the median was -1.54.

CAHO's Debt-to-Equity is not ranked
in the Business Services industry.
Industry Median: 0.38 vs CAHO: -1.52

Caro Holdings Debt-to-Equity Historical Data

The historical data trend for Caro 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.

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Caro Holdings Debt-to-Equity Chart

Caro Holdings Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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-2.34

-1.64

Caro Holdings Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Debt-to-Equity	Get a 7-Day Free Trial															-1.43	-1.83	-1.64	-1.56	-1.52

Competitive Comparison of Caro Holdings's Debt-to-Equity

For the Specialty Business Services subindustry, Caro 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.

Caro Holdings's Debt-to-Equity Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Caro Holdings's Debt-to-Equity distribution charts can be found below:

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

Caro Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Caro Holdings's Debt to Equity Ratio for the fiscal year that ended in Mar. 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
	=	(0.764	+	0)	/	-0.465
	=	-1.64

Caro Holdings's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(0.856	+	0)	/	-0.564
	=	-1.52

Caro Holdings (OTCPK:CAHO) 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.

Caro Holdings Debt-to-Equity Related Terms

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Caro Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Caro Holdings Inc (OTCPK:CAHO) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

7 Castle Street, Sheffield, GBR, S3 8LT

Website

https://www.caroholdings.com

Caro Holdings Inc is now engaged in the deployment of its B2B, B2C and Direct to Consumer (D2C) systems and methodologies where it targets specific vertical markets. It looks for small to mid-size brands that have a brick-and-mortar presence and have a desire to increase their digital presence. Its D2C system is a fully integrated 360 platform that allows marketing, analytics and e-commerce functionality wrapped around an industry-specific directory listing platform. The analytical data provides insight from multiple channels to facilitate successful marketing decisions based on a client's entire business performance.

Caro Holdings Headlines

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