ePlus inc (PLUS)
Debt-to-capital ratio
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | 12,233 | 9,717 | 5,005 | 9,522 | — | — | 3,878 | 5,792 | 7,689 | 9,360 | 11,016 | 12,658 | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 901,779 | 877,753 | 845,696 | 813,291 | 782,265 | 746,420 | 705,645 | 676,288 | 660,738 | 639,296 | 613,603 | 583,619 | 562,410 | 545,009 | 523,070 | 502,725 | 486,145 | 472,486 | 450,289 | 428,643 |
| Debt-to-capital ratio | 0.00 | 0.01 | 0.01 | 0.01 | 0.01 | 0.00 | 0.00 | 0.01 | 0.01 | 0.01 | 0.02 | 0.02 | 0.02 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
March 31, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $901,779K)
= 0.00
The debt-to-capital ratio of ePlus inc has remained relatively stable over the past few quarters, fluctuating between 0.00 and 0.02. A debt-to-capital ratio of 0.00 indicates that the company has been able to finance its operations without relying on debt during certain periods. When the ratio increases to 0.01 or 0.02, it suggests that a small portion of the company's capital structure is financed by debt. Overall, the company's debt levels appear to be modest based on the consistently low ratio values, indicating a conservative approach to capital structure management.
Peer comparison
Mar 31, 2024