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Ngen Technologies Holdings (Ngen Technologies Holdings) Debt-to-Equity : -0.28 (As of Sep. 2019)


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What is Ngen Technologies Holdings Debt-to-Equity?

Ngen Technologies Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2019 was $16.27 Mil. Ngen Technologies Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2019 was $0.00 Mil. Ngen Technologies Holdings's Total Stockholders Equity for the quarter that ended in Sep. 2019 was $-58.84 Mil. Ngen Technologies Holdings's debt to equity for the quarter that ended in Sep. 2019 was -0.28.

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

NGRP's Debt-to-Equity is not ranked *
in the Hardware industry.
Industry Median: 0.29
* Ranked among companies with meaningful Debt-to-Equity only.

Ngen Technologies Holdings Debt-to-Equity Historical Data

The historical data trend for Ngen Technologies 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.

* Premium members only.

Ngen Technologies Holdings Debt-to-Equity Chart

Ngen Technologies Holdings Annual Data
Trend Sep10 Sep11 Sep12 Sep13 Sep14 Sep15 Sep16 Sep17 Sep18
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only -1.18 -0.88 -0.92 -0.94 -0.87

Ngen Technologies Holdings Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
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 -0.87 -0.86 -0.87 -0.77 -0.28

Competitive Comparison of Ngen Technologies Holdings's Debt-to-Equity

For the Electronic Components subindustry, Ngen Technologies 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.


Ngen Technologies Holdings's Debt-to-Equity Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Ngen Technologies Holdings's Debt-to-Equity distribution charts can be found below:

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



Ngen Technologies Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Ngen Technologies Holdings's Debt to Equity Ratio for the fiscal year that ended in Sep. 2018 is calculated as

Ngen Technologies Holdings's Debt to Equity Ratio for the quarter that ended in Sep. 2019 is calculated as

* 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.


Ngen Technologies Holdings  (GREY:NGRP) 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.


Ngen Technologies Holdings Debt-to-Equity Related Terms

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


Ngen Technologies Holdings (Ngen Technologies Holdings) Business Description

Traded in Other Exchanges
N/A
Address
5430 Lyndon B Johnson Freeway, Suite 1200, Dallas, TX, USA, 75240
Ngen Technologies Holdings Corp is engaged in the business of research, design, and manufacturing of proprietary 3D mobile display modules for smartphones and other telecom OEMs.
Executives
Richard James Lund 10 percent owner 6192 N. 28TH PLACE PHOENIX AZ 85016
Robin Ann Lund 10 percent owner 6192 N. 28TH PLACE PHOENIX AZ 85016

Ngen Technologies Holdings (Ngen Technologies Holdings) Headlines

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