Onfolio Holdings (Onfolio Holdings) Debt-to-Equity : 0.29 (As of Mar. 2024)

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What is Onfolio Holdings Debt-to-Equity?

Onfolio Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.79 Mil. Onfolio Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.69 Mil. Onfolio Holdings's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $5.11 Mil. Onfolio Holdings's debt to equity for the quarter that ended in Mar. 2024 was 0.29.

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

ONFO' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.18 Max: 0.44
Current: 0.29

During the past 4 years, the highest Debt-to-Equity Ratio of Onfolio Holdings was 0.44. The lowest was 0.00. And the median was 0.18.

ONFO's Debt-to-Equity is ranked worse than
64.51% of 417 companies
in the Interactive Media industry
Industry Median: 0.16 vs ONFO: 0.29

Onfolio Holdings Debt-to-Equity Historical Data

The historical data trend for Onfolio 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.

Onfolio Holdings Debt-to-Equity Chart

Onfolio Holdings Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

0.18

0.01

0.20

Onfolio Holdings Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial									0.22	0.24	0.44	-	0.29

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

For the Internet Content & Information subindustry, Onfolio 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.

Onfolio Holdings's Debt-to-Equity Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Onfolio Holdings's Debt-to-Equity distribution charts can be found below:

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

Onfolio Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Onfolio Holdings's Debt to Equity Ratio for the fiscal year that ended in Dec. 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
	=	(0.017	+	0)	/	5.342
	=	0.00

Onfolio Holdings'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
	=	(0.792	+	0.69)	/	5.105
	=	0.29

Onfolio Holdings (NAS:ONFO) 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.

Onfolio Holdings Debt-to-Equity Related Terms

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

Onfolio Holdings (Onfolio Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Onfolio Holdings Inc (NAS:ONFO) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

1007 North Orange Street, 4th Floor, Wilmington, DE, USA, 19801

Website

https://www.onfolio.com

Onfolio Holdings Inc acquires and manages a diversified portfolio of online businesses across a broad range of verticals, each with a niche content focus and brand identity. The company operates in the following verticals: Pets, Arts and Crafts, B2B SEO Services, Molecular Hydrogen Supplements, Computers, Graphic Design, and People Search.

Executives

Yury Byalik	officer: Head of Strategy & Acquisition	2400 S OCEAN DRIVE #728, FORT PIERCE FL 34949
Braake Robertus Te	officer: Interim CFO	RUA ANTONIO DA SILVA 127 6FRT, CASCAIS S1 2750-101
Robert J Lipstein	director	1661 WORTHINGTON ROAD, SUITE 100, WEST PALM BEACH FL 33409
Mark N Schwartz	director
Wells Dominic Benjamin James	director, 10 percent owner, officer: CEO, CRO, Chair of Board	10F NO 136, LANE 162, JINGYESAN ROAD, ZHONGSHAN DISTRICT, TAIPEI CITY F5 104
Van Heerden Esbe Louise	officer: President	12A BENTLEY STREET, CHRISTCHURCH Q2 8042
Adam Michael Trainor	officer: Chief Operations Officer	1420 RENAISSANCE DRIVE, APT P104, LONGMONT CO 80503
David Christopher Mckeegan	director	2885 SANFORD AVE SW, SW14713, GRANDVILLE MI 49418
Andrew John Lawrence	director	329 S OYSTER BAY RD. #514, PLAINVIEW NY 11803
Hawkins Jack Wayne Iii	officer: Chief Financial Officer	613 NEW NORWALK ROAD, NEW CANAAN CT 06840