iPower (iPower) Debt-to-Asset : 0.26 (As of Mar. 2024)

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What is iPower Debt-to-Asset?

iPower's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $8.12 Mil. iPower's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $4.95 Mil. iPower's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was $50.42 Mil. iPower's debt to asset for the quarter that ended in Mar. 2024 was 0.26.

iPower Debt-to-Asset Historical Data

The historical data trend for iPower's Debt-to-Asset 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.

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iPower Debt-to-Asset Chart

iPower Annual Data

Trend

Jun19

Jun20

Jun21

Jun22

Jun23

Debt-to-Asset

0.12

0.15

0.07

0.34

0.33

iPower Quarterly Data
	Jun19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Asset	Get a 7-Day Free Trial														0.31	0.33	0.29	0.26	0.26

Competitive Comparison of iPower's Debt-to-Asset

For the Internet Retail subindustry, iPower's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset 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.

iPower's Debt-to-Asset Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, iPower's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where iPower's Debt-to-Asset falls into.

iPower Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

iPower's Debt-to-Asset for the fiscal year that ended in Jun. 2023 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(4.177	+	15.897)	/	60.094
	=	0.33

iPower's Debt-to-Asset for the quarter that ended in Mar. 2024 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(8.119	+	4.95)	/	50.417
	=	0.26

iPower (NAS:IPW) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

iPower Debt-to-Asset Related Terms

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iPower (iPower) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » iPower Inc (NAS:IPW) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

8798 9th Street, Rancho Cucamonga, CA, USA, 91730

Website

https://www.meetipower.com

iPower Inc is online hydroponic equipment and accessory retailer and supplier in North America. The company sells products through own website as well as online channel partners that include Amazon, Walmart, and eBay.

Executives

Kevin Vassily	director, officer: Chief Financial Officer	C/O IPOWER INC., 2399 BATEMAN AVENUE, DUARTE CA 91010
Chenlong Tan	director, 10 percent owner, officer: Chief Executive Officer	2399 BATEMAN AVE., IRWINDALE CA 91010
Hanxi Li	director	C/O IPOWER, INC., 2399 BATEMAN AVENUE, DUARTE CA 91010
Danilo Cacciamatta	director
Tchaikovsky Bennet Price Jr	director	11601 WILSHIRE BOULEVARD, SUITE 2150, LOS ANGELES CA 90025
Kevin Liles	director	C/O IPOWER INC., 2399 BATEMAN AVENUE, DUARTE CA 91010