GEX Management (GEX Management) Debt-to-Equity : -0.57 (As of Dec. 2023)

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What is GEX Management Debt-to-Equity?

GEX Management's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $2.37 Mil. GEX Management's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil. GEX Management's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $-4.19 Mil. GEX Management's debt to equity for the quarter that ended in Dec. 2023 was -0.56.

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

GXXM' s Debt-to-Equity Range Over the Past 10 Years
Min: -2.99 Med: -0.55 Max: 1.23
Current: -0.57

During the past 9 years, the highest Debt-to-Equity Ratio of GEX Management was 1.23. The lowest was -2.99. And the median was -0.55.

GXXM's Debt-to-Equity is not ranked
in the Business Services industry.
Industry Median: 0.38 vs GXXM: -0.57

GEX Management Debt-to-Equity Historical Data

The historical data trend for GEX Management'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.

GEX Management Debt-to-Equity Chart

GEX Management Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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-2.99

-2.83

-0.07

-0.53

-0.57

GEX Management 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															-0.53	-0.50	-0.46	1.49	-0.57

Competitive Comparison of GEX Management's Debt-to-Equity

For the Staffing & Employment Services subindustry, GEX Management'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.

GEX Management's Debt-to-Equity Distribution in the Business Services Industry

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

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

GEX Management Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

GEX Management'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
	=	(2.365	+	0)	/	-4.189
	=	-0.56

GEX Management'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
	=	(2.365	+	0)	/	-4.189
	=	-0.56

GEX Management (OTCPK:GXXM) 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.

GEX Management Debt-to-Equity Related Terms

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

GEX Management (GEX Management) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » GEX Management Inc (OTCPK:GXXM) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

3662 West Camp Wisdom Road, Dallas, TX, USA, 75237

Website

https://www.gexmanagement.com

GEX Management Inc is engaged in the business of providing business management and human resources solutions for small to midsize businesses. The company also provides staffing and back-office services to a wide variety of industries, and it earns revenue from its management consulting services.

Executives

Srikumar Vanamali	director, 10 percent owner, officer: Interim CEO & Exec Director	12001 N CENTRAL EXPY, #825, DALLAS TX 75243
Shaheed Bailey	director, 10 percent owner, officer: Interim Chief Invstmt Officer	39 F BROOKSIDE DRIVE, CLIFTON NJ 07054
Clayton Carter	director, 10 percent owner, officer: Chief Financial Officer	325 N. ST. PAUL STREET, SUITE 1350, DALLAS TX 75201
Chelsea Christopherson	director, 10 percent owner, officer: Chief Operating Officer	10931 STONE CANYON ROAD, APT 229, DALLAS TX 75243
Carl Dorvil	director, 10 percent owner, officer: Chariman of the Board & CEO	1411 NEWCASTLE, ROCKWALL TX 75032