ePlus inc (PLUS)

Debt-to-assets ratio

Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020
Long-term debt US$ in thousands
Total assets US$ in thousands 1,765,780 1,700,050 1,650,970 1,668,530 1,595,600 1,618,790 1,680,810 1,414,830 1,597,860 1,371,340 1,256,150 1,166,200 1,255,150 1,139,940 1,077,420 1,076,780 1,125,950 1,038,710 1,058,860 909,113
Debt-to-assets ratio 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

December 31, 2024 calculation

Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $1,765,780K
= 0.00

The debt-to-assets ratio for ePlus Inc has consistently been reported as 0.00 for all the quarterly periods from March 31, 2020, to December 31, 2024. This indicates that the company has not taken on any long-term debt relative to its total assets during these periods. A debt-to-assets ratio of 0.00 typically suggests that the company operates with minimal financial leverage and relies more on equity financing for its operations and investments. It may also indicate a low-risk financial position, as the absence of debt obligations can lower the company's financial risk and potentially enhance its financial stability. It is important to note that while a low debt-to-assets ratio can be viewed positively in terms of financial risk, excessively low leverage might limit potential growth opportunities that can be achieved through strategic debt usage.


Peer comparison

Dec 31, 2024

Company name
Symbol
Debt-to-assets ratio
ePlus inc
PLUS
0.00
ScanSource Inc
SCSC
0.08