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CleanGo InnovationsCLGOF -0.19%18 Debt-to-Equity is -0.36 as of Dec. 2025. GuruFocus rates CLGOF with a GF Score™ of 18/100 and a GF Value™ of $0.15 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 1,743 Consumer Packaged Goods companies, CleanGo Innovations ranks worse than 57372.29% on this metric.
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 CleanGo Innovations's Debt-to-Equity or its related term are showing as below:
CLGOF'
s Debt-to-Equity Range Over the Past 10 Years
Min: -1.53 Med: -0.39 Max: 0.04
Current: -0.36
During the past 10 years, the highest Debt-to-Equity Ratio of CleanGo Innovations was 0.04. The lowest was -1.53. And the median was -0.39.
CLGOF's Debt-to-Equity is not ranked
in the Consumer Packaged Goods industry.
Industry Median: 0.41
vs CLGOF: -0.36
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.
CleanGo Innovations Debt-to-Equity Related Terms
CleanGo Innovations Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for CleanGo Innovations'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.
For the Household & Personal Products subindustry, CleanGo Innovations'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.
CleanGo Innovations Debt-to-Equity vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, CleanGo Innovations's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where CleanGo Innovations's Debt-to-Equity falls into.
* 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.
CleanGo Innovations (CLGOF) has a Debt-to-Equity of -0.36 as of Dec. 2025. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on CleanGo Innovations and its competitors. According to the industry distribution chart, CleanGo Innovations ranks #999999 out of 1743 companies in the Consumer Packaged Goods industry.
Is CleanGo Innovations' Debt-to-Equity too high?
CleanGo Innovations' current Debt-to-Equity is -0.36. Based on the distribution chart, CleanGo Innovations ranks #999999 out of 1743 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, CleanGo Innovations has a GF Score™ of 18/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does CleanGo Innovations' Debt-to-Equity compare to PG and CL?
According to the Consumer Packaged Goods industry distribution chart, CleanGo Innovations ranks #999999 out of 1743 companies for Debt-to-Equity. This places CleanGo Innovations in the lower half of its industry. The industry median Debt-to-Equity is 0.41. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Consumer Packaged Goods company?
The median Debt-to-Equity among Consumer Packaged Goods companies is 0.41, based on 1,743 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on CleanGo Innovations and its competitors. For the Consumer Packaged Goods industry, the median Debt-to-Equity is 0.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CleanGo Innovations's current Debt-to-Equity is -0.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CleanGo Innovations stock overvalued right now?
Based on GuruFocus' analysis, CleanGo Innovations (CLGOF) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.15, compared to a current price of $0.96 — trading 540% above its estimated fair value. The current Debt-to-Equity is -0.36. CleanGo Innovations' overall GF Score™ is 18/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For CleanGo Innovations (CLGOF), the current Debt-to-Equity is -0.36 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is CleanGo Innovations (CLGOF) Overvalued in 2026?
Based on GuruFocus' analysis, CleanGo Innovations stock appears to be overvalued.
The current stock price of $0.96 is trading 540% above its estimated GF Value™ of $0.15.
GuruFocus considers CleanGo Innovations to be Significantly Overvalued.
Key valuation signals for CLGOF:
Debt-to-Equity: -0.36
GF Value™: $0.15 vs. price of $0.96 (540% above fair value)
No single metric tells the full story. See the CLGOF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CleanGo Innovations Inc principal business activity is to manufacture and sell cleaning, disinfecting and industrial solutions using a proprietary formula which is non-toxic, biodegradable and uses no harsh chemicals to provide a green cleaning, disinfecting and emulsifying solution to buyers. The Company has two reportable and operating segments which supply cleaning and disinfecting products to customers directly or through online distributers. Geographically the company has presence in Canada and USA. The company generates the majority of its revenue from Canada.
18GF Score
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