XCHG (XCH) Debt-to-Equity : -0.35 (As of Jun. 2024)

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What is XCHG Debt-to-Equity?

XCHG's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $9.51 Mil. XCHG's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $1.18 Mil. XCHG's Total Stockholders Equity for the quarter that ended in Jun. 2024 was $-30.96 Mil. XCHG's debt to equity for the quarter that ended in Jun. 2024 was -0.35.

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

XCH' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.62 Med: -0.33 Max: -0.06
Current: -0.35

During the past 3 years, the highest Debt-to-Equity Ratio of XCHG was -0.06. The lowest was -0.62. And the median was -0.33.

XCH's Debt-to-Equity is not ranked
in the Industrial Products industry.
Industry Median: 0.28 vs XCH: -0.35

XCHG Debt-to-Equity Historical Data

The historical data trend for XCHG'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.

XCHG Debt-to-Equity Chart

XCHG Annual Data

Trend

Dec21

Dec22

Dec23

Debt-to-Equity

-0.06

-0.17

-0.62

XCHG Quarterly Data
	Dec21	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Debt-to-Equity	Get a 7-Day Free Trial				-0.20	-0.61	-0.62	-0.33	-0.35

Competitive Comparison of XCHG's Debt-to-Equity

For the Specialty Industrial Machinery subindustry, XCHG'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.

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

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

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

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XCHG Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

XCHG'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
	=	(18.37	+	0.172)	/	-30.037
	=	-0.62

XCHG's Debt to Equity Ratio for the quarter that ended in Jun. 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
	=	(9.507	+	1.176)	/	-30.962
	=	-0.35

XCHG (NAS:XCH) 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.

XCHG Debt-to-Equity Related Terms

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XCHG Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » XCHG Ltd (NAS:XCH) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Hamburg-Mitte Grevenweg 24, Hamburg, DEU, 20537

Website

https://www.xcharge.com

XCHG Ltd engaged in designing, manufacturing and selling of Electric Vehicle (EV) chargers and EV charging solutions which include the DC fast chargers named the C6 series and the C7 series, the battery-integrated DC fast chargers which is Net Zero Series (NZS), as well as accompanying services. Its integrated solution combining proprietary charging technology, energy storage technology and accompanying services significantly improves EV charging efficiency and unlocks the value of energy storage and management. Its NZS solution enables fast charging at low power locations or vis-a-vis aged grid infrastructures (which typically are not compatible with fast charging equipment) with no site improvements or grid upgrades needed.