GPO Plus (GPO Plus) Debt-to-Equity : -0.49 (As of Jan. 2024)

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What is GPO Plus Debt-to-Equity?

GPO Plus's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was $2.65 Mil. GPO Plus's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was $0.16 Mil. GPO Plus's Total Stockholders Equity for the quarter that ended in Jan. 2024 was $-5.74 Mil. GPO Plus's debt to equity for the quarter that ended in Jan. 2024 was -0.49.

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

GPOX' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.61 Med: -0.23 Max: 0.44
Current: -0.49

During the past 8 years, the highest Debt-to-Equity Ratio of GPO Plus was 0.44. The lowest was -0.61. And the median was -0.23.

GPOX's Debt-to-Equity is not ranked
in the Business Services industry.
Industry Median: 0.38 vs GPOX: -0.49

GPO Plus Debt-to-Equity Historical Data

The historical data trend for GPO Plus'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.

GPO Plus Debt-to-Equity Chart

GPO Plus Annual Data

Trend

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Debt-to-Equity

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-0.16

-0.41

GPO Plus Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Debt-to-Equity	Get a 7-Day Free Trial															-0.32	-0.41	-0.45	-0.49	-0.49

Competitive Comparison of GPO Plus's Debt-to-Equity

For the Specialty Business Services subindustry, GPO Plus'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.

GPO Plus's Debt-to-Equity Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, GPO Plus's Debt-to-Equity distribution charts can be found below:

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

GPO Plus Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

GPO Plus's Debt to Equity Ratio for the fiscal year that ended in Apr. 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
	=	(1.5	+	0.088)	/	-3.863
	=	-0.41

GPO Plus's Debt to Equity Ratio for the quarter that ended in Jan. 2024 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
	=	(2.649	+	0.157)	/	-5.736
	=	-0.49

GPO Plus (OTCPK:GPOX) 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.

GPO Plus Debt-to-Equity Related Terms

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GPO Plus (GPO Plus) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » GPO Plus Inc (OTCPK:GPOX) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

3571 E. Sunset Road, Suite 300, Las Vegas, NV, USA, 89120

Website

https://www.gpoplus.com

GPO Plus Inc is a fully reporting global holding company of industry-specific Group Purchasing Organizations (GPO). The company's main holdings are HealthGPO, a Group Purchasing Organization for the Healthcare industry, and cbdGPO, a Group Purchasing Organization for the CBD and Hemp industry. In addition, GPOPlus+ offers professional services through GPOPRO Services. The Company's business is organized around four key areas which are products (developing and manufacturing), distribution (getting our products to customers), marketing (promoting our products), and sales (selling our products to consumers and retailers).