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EHGO (Eshallgo) Debt-to-Equity : 0.04 (As of Mar. 2024)


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What is Eshallgo Debt-to-Equity?

Eshallgo's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.25 Mil. Eshallgo's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.19 Mil. Eshallgo's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $10.74 Mil. Eshallgo's debt to equity for the quarter that ended in Mar. 2024 was 0.04.

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

EHGO' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.04   Med: 0.06   Max: 0.1
Current: 0.04

During the past 5 years, the highest Debt-to-Equity Ratio of Eshallgo was 0.10. The lowest was 0.04. And the median was 0.06.

EHGO's Debt-to-Equity is ranked better than
86.92% of 2615 companies
in the Industrial Products industry
Industry Median: 0.29 vs EHGO: 0.04

Eshallgo Debt-to-Equity Historical Data

The historical data trend for Eshallgo'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.

Eshallgo Debt-to-Equity Chart

Eshallgo Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
Debt-to-Equity
0.09 0.10 0.05 0.06 0.04

Eshallgo Semi-Annual Data
Mar20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
Debt-to-Equity Get a 7-Day Free Trial 0.05 0.04 0.06 0.04 0.04

Competitive Comparison of Eshallgo's Debt-to-Equity

For the Business Equipment & Supplies subindustry, Eshallgo'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.

Eshallgo's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Eshallgo's Debt-to-Equity distribution charts can be found below:

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


Eshallgo Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Eshallgo'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
=(0.249 + 0.187) / 10.742
=0.04

Eshallgo's Debt to Equity Ratio for the quarter 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
=(0.249 + 0.187) / 10.742
=0.04

* 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.

Eshallgo  (NAS:EHGO) 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.

Eshallgo Debt-to-Equity Related Terms

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

Eshallgo Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Eshallgo Inc (NAS:EHGO) » Definitions » Debt-to-Equity
Comparable Companies
Traded in Other Exchanges
N/A
Address
No. 70, Lane 818, Xianing Road, Room 2554, Jinshan Industrial Zone, Pudong New District, Shanghai, CHN, 201506
Website
http://www.eshallgo.com
Eshallgo Inc. focuses on two distinct market sectors: office supply sale and leasing, and after-sale maintenance and repair. It is an authorized distributor of brands of office equipment, including HP, Epson, Xerox, Sharp, Toshiba, Konica, Kyocera, and other brands.

Eshallgo Headlines

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