iPower (iPower) Debt-to-Equity : 0.71 (As of Dec. 2023)

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What is iPower Debt-to-Equity?

iPower's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $7.11 Mil. iPower's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $5.50 Mil. iPower's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $17.79 Mil. iPower's debt to equity for the quarter that ended in Dec. 2023 was 0.71.

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

IPW' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.09 Med: 0.78 Max: 1.87
Current: 0.71

During the past 5 years, the highest Debt-to-Equity Ratio of iPower was 1.87. The lowest was 0.09. And the median was 0.78.

IPW's Debt-to-Equity is ranked worse than
54.65% of 1001 companies
in the Retail - Cyclical industry
Industry Median: 0.62 vs IPW: 0.71

iPower Debt-to-Equity Historical Data

The historical data trend for iPower'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.

iPower Debt-to-Equity Chart

iPower Annual Data

Trend

Jun19

Jun20

Jun21

Jun22

Jun23

Debt-to-Equity

1.87

0.71

0.10

0.83

0.96

iPower Quarterly Data
	Jun19	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													0.87	0.78	0.96	0.77	0.71

Competitive Comparison of iPower's Debt-to-Equity

For the Internet Retail subindustry, iPower'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.

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

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

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

iPower Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

iPower's Debt to Equity Ratio for the fiscal year that ended in Jun. 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
	=	(4.177	+	15.897)	/	20.89
	=	0.96

iPower'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
	=	(7.111	+	5.503)	/	17.786
	=	0.71

iPower (NAS:IPW) 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.

iPower Debt-to-Equity Related Terms

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iPower (iPower) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

8798 9th Street, Rancho Cucamonga, CA, USA, 91730

Website

https://www.meetipower.com

iPower Inc is online hydroponic equipment and accessory retailer and supplier in North America. The company sells products through own website as well as online channel partners that include Amazon, Walmart, and eBay.

Executives

Kevin Vassily	director, officer: Chief Financial Officer	C/O IPOWER INC., 2399 BATEMAN AVENUE, DUARTE CA 91010
Chenlong Tan	director, 10 percent owner, officer: Chief Executive Officer	2399 BATEMAN AVE., IRWINDALE CA 91010
Hanxi Li	director	C/O IPOWER, INC., 2399 BATEMAN AVENUE, DUARTE CA 91010
Danilo Cacciamatta	director
Tchaikovsky Bennet Price Jr	director	11601 WILSHIRE BOULEVARD, SUITE 2150, LOS ANGELES CA 90025
Kevin Liles	director	C/O IPOWER INC., 2399 BATEMAN AVENUE, DUARTE CA 91010