ePlus inc (PLUS)

Debt-to-capital 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 stockholders’ equity US$ in thousands 962,340 946,997 921,928 901,779 877,753 845,696 813,291 782,265 746,420 705,645 676,288 660,738 639,296 613,603 583,619 562,410 545,009 523,070 502,725 486,145
Debt-to-capital 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-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $962,340K)
= 0.00

The debt-to-capital ratio for ePlus inc has consistently been 0.00 for the years presented in the data from March 31, 2020, to December 31, 2024. This indicates that the company has not had any debt in its capital structure during this period. A debt-to-capital ratio of 0.00 suggests that the company is entirely financed by equity and does not rely on debt financing. This can be viewed positively by investors and creditors as it signifies a lower risk profile and financial stability for the company. However, it is also important to consider the implications of not utilizing debt in terms of potential tax advantages and leveraging opportunities that the company may be missing out on.


Peer comparison

Dec 31, 2024

Company name
Symbol
Debt-to-capital ratio
ePlus inc
PLUS
0.00
ScanSource Inc
SCSC
0.13