ePlus inc (PLUS)
Debt-to-capital ratio
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 977,623 | 901,779 | 782,265 | 660,738 | 562,410 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
March 31, 2025 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $977,623K)
= 0.00
The debt-to-capital ratio of ePlus inc has consistently remained at 0.00 from March 31, 2021, to March 31, 2025. This indicates that the company has not used any debt financing to fund its operations in relation to its overall capital structure during this period. A debt-to-capital ratio of 0.00 suggests that the company is relying solely on equity financing, which could imply a lower financial risk as there are no interest payments associated with debt. However, it's important to note that a very low debt-to-capital ratio may also indicate missed opportunities for leverage and potential tax benefits associated with debt financing. Further analysis of the company's capital structure and risk management strategies would provide a more comprehensive understanding of its financial health.
Peer comparison
Mar 31, 2025