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Newegg Commerce (Newegg Commerce) Debt-to-Asset : 0.18 (As of Dec. 2023)


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What is Newegg Commerce Debt-to-Asset?

Newegg Commerce's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $21.3 Mil. Newegg Commerce's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $69.2 Mil. Newegg Commerce's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2023 was $499.0 Mil. Newegg Commerce's debt to asset for the quarter that ended in Dec. 2023 was 0.18.


Newegg Commerce Debt-to-Asset Historical Data

The historical data trend for Newegg Commerce'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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Newegg Commerce Debt-to-Asset Chart

Newegg Commerce Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Asset
- 0.10 0.17 0.18 0.18

Newegg Commerce Quarterly Data
Dec19 Jun20 Sep20 Dec20 Jun21 Sep21 Dec21 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23
Debt-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.21 0.18 0.27 0.22 0.18

Competitive Comparison of Newegg Commerce's Debt-to-Asset

For the Internet Retail subindustry, Newegg Commerce'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.


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

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

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



Newegg Commerce Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Newegg Commerce's Debt-to-Asset for the fiscal year that ended in Dec. 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
=(21.328 + 69.236) / 499.047
=0.18

Newegg Commerce's Debt-to-Asset for the quarter that ended in Dec. 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
=(21.328 + 69.236) / 499.047
=0.18

* 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.


Newegg Commerce  (NAS:NEGG) 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.


Newegg Commerce Debt-to-Asset Related Terms

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Newegg Commerce (Newegg Commerce) Business Description

Traded in Other Exchanges
Address
17560 Rowland Street, City of Industry, CA, USA, 91748
Newegg Commerce Inc is an e-commerce company offering direct sales and an online marketplace platform for IT computer components, consumer electronics, entertainment, smart home and gaming products and provides certain third-party logistics services globally.