GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Evergreen Corp (NAS:EVGRU) » Definitions » Debt-to-Equity

Evergreen (Evergreen) Debt-to-Equity : 0.05 (As of Feb. 2024)


View and export this data going back to 2022. Start your Free Trial

What is Evergreen Debt-to-Equity?

Evergreen's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was $4.03 Mil. Evergreen's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was $0.00 Mil. Evergreen's Total Stockholders Equity for the quarter that ended in Feb. 2024 was $75.87 Mil. Evergreen's debt to equity for the quarter that ended in Feb. 2024 was 0.05.

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

EVGRU' s Debt-to-Equity Range Over the Past 10 Years
Min: -21.2   Med: 0.03   Max: 0.05
Current: 0.05

During the past 3 years, the highest Debt-to-Equity Ratio of Evergreen was 0.05. The lowest was -21.20. And the median was 0.03.

EVGRU's Debt-to-Equity is ranked better than
72.54% of 295 companies
in the Diversified Financial Services industry
Industry Median: 0.13 vs EVGRU: 0.05

Evergreen Debt-to-Equity Historical Data

The historical data trend for Evergreen'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.

Evergreen Debt-to-Equity Chart

Evergreen Annual Data
Trend Nov21 Nov22 Nov23
Debt-to-Equity
-21.20 - 0.05

Evergreen Quarterly Data
Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 0.02 0.04 0.05 0.05

Competitive Comparison of Evergreen's Debt-to-Equity

For the Shell Companies subindustry, Evergreen'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.

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

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

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


Evergreen Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Evergreen's Debt to Equity Ratio for the fiscal year that ended in Nov. 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
=(3.59 + 0) / 75.033
=0.05

Evergreen's Debt to Equity Ratio for the quarter that ended in Feb. 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
=(4.029 + 0) / 75.867
=0.05

* 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.

Evergreen  (NAS:EVGRU) 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.

Evergreen Debt-to-Equity Related Terms

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

Evergreen (Evergreen) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Evergreen Corp (NAS:EVGRU) » Definitions » Debt-to-Equity
Comparable Companies
APXI BYN DECA ARRW NPAB DSAQ NSTB CPTK TBCP OPA PBAJ SVMB SCRM CVII AAC GHIX ALCC AACT DWAC SAGA
Traded in Other Exchanges
EVGR:USA
Address
Glo Damansara, 699, Lot 1.02, Level 1, Jalan Damansara, Taman Tun Dr Ismail, Kuala Lumpur, SGR, MYS, 60000
Website
Evergreen Corp is a blank check company.
Executives
Evergreen Llc 10 percent owner 78 SW 7TH STREET, SUITE 500, MIAMI FL 33130
Choon Lian Liew director, 10 percent owner, officer: Chief Executive Officer 78 SW 7TH STREET, SUITE 500, MIAMI FL 33130
Lim Wai Loong director 15-04, THE PINNACLE, PERSIARAN LAGOON, BANDAR SUNWAY, PETALING JAYA, SELANGOR N8 46150
Santos Alberto Coronado director 15-04, THE PINNACLE, PERSIARAN LAGOON, BANDAR SUNWAY, PETALING JAYA, SELANGOR N8 46150
Bin Mohd Ramli Izmet Iskandar director, officer: Chief Financial Officer 15-04, THE PINNACLE, PERSIARAN LAGOON, BANDAR SUNWAY, PETALING JAYA, SELANGOR N8 46150
Bin Ahmad Mohamad Zabidi director 15-04, THE PINNACLE, PERSIARAN LAGOON, BANDAR SUNWAY, PETALING JAYA, SELANGOR N8 46150