EVgo (EVGO) Debt-to-Equity : -0.42 (As of Dec. 2023)

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What is EVgo Debt-to-Equity?

EVgo's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $6.0 Mil. EVgo's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $62.0 Mil. EVgo's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $-160.6 Mil. EVgo's debt to equity for the quarter that ended in Dec. 2023 was -0.42.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for EVgo's Debt-to-Equity or its related term are showing as below:

EVGO' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.42 Med: -0.14 Max: 0.44
Current: -0.42

During the past 5 years, the highest Debt-to-Equity Ratio of EVgo was 0.44. The lowest was -0.42. And the median was -0.14.

EVGO's Debt-to-Equity is not ranked
in the Retail - Cyclical industry.
Industry Median: 0.64 vs EVGO: -0.42

EVgo Debt-to-Equity Historical Data

The historical data trend for EVgo's Debt-to-Equity 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.

* Premium members only.

EVgo Debt-to-Equity Chart

EVgo Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

0.44

-0.14

-0.42

EVgo Quarterly Data
	Dec19	Mar20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial											-0.14	-0.05	-0.28	-0.60	-0.42

Competitive Comparison of EVgo's Debt-to-Equity

For the Specialty Retail subindustry, EVgo's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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.

EVgo's Debt-to-Equity Distribution in the Retail - Cyclical Industry

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

* The bar in red indicates where EVgo's Debt-to-Equity falls into.

EVgo Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

EVgo's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(6.018	+	61.987)	/	-160.589
	=	-0.42

EVgo's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(6.018	+	61.987)	/	-160.589
	=	-0.42

EVgo (NAS:EVGO) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

EVgo Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of EVgo's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

EVgo (EVGO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » EVgo Inc (NAS:EVGO) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

EVGOW:USA

Address

11835 West Olympic Boulevard, Suite 900E, Los Angeles, CA, USA, 90064

Website

https://www.evgo.com

EVgo owns and operates a public direct current fast-charging network in the U.S. Its network of charging stations provides electric vehicle charging infrastructure to consumers and businesses. Its network is capable of charging all EV models and charging standards currently available in the U.S. EVgo partners with national and regional chains of grocery stores, automotive original equipment manufacturers, hotels, shopping centers, gas stations, parking lot operators, local governments and independent property owners in order to locate and deploy its EV charging infrastructure.

Executives

Dennis G Kish	officer: Chief Operating Officer	955 EAST ARQUES AVE, SUNNYVALE CA 94086
Francine Sullivan	officer: CLO and General Counsel	11835 WEST OLYMPIC BOULEVARD, SUITE 900E, LOS ANGELES CA 90064
Olga Shevorenkova	officer: Chief Financial Officer	11835 WEST OLYMPIC BOULEVARD, SUITE 900E, LOS ANGELES CA 90064
Stephanie Lee	officer: Interim CFO	11835 W. OLYMPIC BLVD. SUITE 900E, LOS ANGELES CA 90064
Ivo Steklac	officer: Chief Operating & Tech Officer	11835 WEST OLYMPIC BOULEVARD, SUITE 900E, LOS ANGELES CA 90064
Cathy Zoi	director, officer: Chief Executive Officer	11835 WEST OLYMPIC BOULEVARD, SUITE 900E, LOS ANGELES CA 90064
David Nanus	director	1700 BROADWAY, 35TH FLOOR, NEW YORK NY 10019
Paul Segal	director	1700 BROADWAY, 35TH FLOOR, NEW YORK NY 10019
Jonathan Seelig	director	C/O ZOOM TELEPHONICS, INC., 99 HIGH STREET, BOSTON MA 02110
Peter Eric Anderson	director	11835 W. OLYMPIC BLVD. SUITE 900E, LOS ANGELES CA 90064
Tanvi Chaturvedi	officer: Chief Revenue Officer	11835 W. OLYMPIC BLVD. SUITE 900E, LOS ANGELES CA 90064
Jonathan Maier Levy	officer: Chief Commercial Officer	11835 WEST OLYMPIC BOULEVARD, SUITE 900E, LOS ANGELES CA 90064
Caroline Ogata	officer: Controller	11835 WEST OLYMPIC BOULEVARD, SUITE 900E, LOS ANGELES CA 90064
Badar Khan	director	69 DENNY ROAD, CHESTNUT HILL MA 02467
Katherine Motlagh	director	C/O CYRUSONE, 2850 N HARWOOD ST STE 2200, DALLAS TX 75201