Ezagoo (Ezagoo) Debt-to-Equity : -0.01 (As of Dec. 2023)

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What is Ezagoo Debt-to-Equity?

Ezagoo's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.02 Mil. Ezagoo's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil. Ezagoo's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $-3.13 Mil. Ezagoo's debt to equity for the quarter that ended in Dec. 2023 was -0.01.

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 Ezagoo's Debt-to-Equity or its related term are showing as below:

EZOO' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.28 Med: -0.07 Max: -0.01
Current: -0.01

During the past 6 years, the highest Debt-to-Equity Ratio of Ezagoo was -0.01. The lowest was -0.28. And the median was -0.07.

EZOO's Debt-to-Equity is not ranked
in the Media - Diversified industry.
Industry Median: 0.28 vs EZOO: -0.01

Ezagoo Debt-to-Equity Historical Data

The historical data trend for Ezagoo'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.

Ezagoo Debt-to-Equity Chart

Ezagoo Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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-0.07

-0.28

-0.07

-0.01

Ezagoo Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															-0.07	-0.07	-0.04	-0.02	-0.01

Competitive Comparison of Ezagoo's Debt-to-Equity

For the Advertising Agencies subindustry, Ezagoo'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.

Ezagoo's Debt-to-Equity Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Ezagoo's Debt-to-Equity distribution charts can be found below:

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

Ezagoo Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Ezagoo'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
	=	(0.022	+	0)	/	-3.132
	=	-0.01

Ezagoo'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
	=	(0.022	+	0)	/	-3.132
	=	-0.01

Ezagoo (OTCPK:EZOO) 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.

Ezagoo Debt-to-Equity Related Terms

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

Ezagoo (Ezagoo) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Ezagoo Ltd (OTCPK:EZOO) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Yard 1, Li Ze Road, Rm 205, 2/F, Building 17, Feng Tai District, Beijing, CHN, 100073

Website

https://www.ezagoo.show

Ezagoo Ltd is engaged in providing a digital advertising network through advertisements displayed on flat-panel audiovisual television displays located on the vast network of urban bus lines in Changsha City. The company's advertisements are displayed solely on 22-inch audiovisual screens that are mounted behind the bus driver's seat, with speakers placed throughout the buses so that all passengers on the bus are able to both see and hear the advertisements.

Executives

Xiaohao Tan

director, 10 percent owner, officer: CEO, President, Sec and Treas

ROOM 305, UNIT 3, NO 40,WEIYI ROAD,FURONG DISTRICT, CHANGSHA,HUNAN F4 410205

Ezagoo (Ezagoo) Headlines

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