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Muliang Viagoo Technology (Muliang Viagoo Technology) Debt-to-Equity : 0.05 (As of Sep. 2023)


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What is Muliang Viagoo Technology Debt-to-Equity?

Muliang Viagoo Technology's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.81 Mil. Muliang Viagoo Technology's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.06 Mil. Muliang Viagoo Technology's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $17.37 Mil. Muliang Viagoo Technology's debt to equity for the quarter that ended in Sep. 2023 was 0.05.

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 Muliang Viagoo Technology's Debt-to-Equity or its related term are showing as below:

MULG' s Debt-to-Equity Range Over the Past 10 Years
Min: -2.29   Med: 0.72   Max: 16
Current: 0.05

During the past 9 years, the highest Debt-to-Equity Ratio of Muliang Viagoo Technology was 16.00. The lowest was -2.29. And the median was 0.72.

MULG's Debt-to-Equity is not ranked
in the Agriculture industry.
Industry Median: 0.35 vs MULG: 0.05

Muliang Viagoo Technology Debt-to-Equity Historical Data

The historical data trend for Muliang Viagoo Technology'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.

Muliang Viagoo Technology Debt-to-Equity Chart

Muliang Viagoo Technology Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only 1.14 0.72 0.48 0.11 0.07

Muliang Viagoo Technology Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.09 0.07 0.07 0.06 0.05

Competitive Comparison of Muliang Viagoo Technology's Debt-to-Equity

For the Agricultural Inputs subindustry, Muliang Viagoo Technology'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.


Muliang Viagoo Technology's Debt-to-Equity Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Muliang Viagoo Technology's Debt-to-Equity distribution charts can be found below:

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



Muliang Viagoo Technology Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Muliang Viagoo Technology's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Muliang Viagoo Technology's Debt to Equity Ratio for the quarter that ended in Sep. 2023 is calculated as

* 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.


Muliang Viagoo Technology  (OTCPK:MULG) 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.


Muliang Viagoo Technology Debt-to-Equity Related Terms

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Muliang Viagoo Technology (Muliang Viagoo Technology) Business Description

Traded in Other Exchanges
N/A
Address
2498 Wanfeng Highway, Lane 181, Fengjing Town, Jinshan District, Shanghai, CHN, 201501
Muliang Viagoo Technology Inc is in the business of developing, manufacturing, and selling organic fertilizers and bio-organic fertilizers for use in the agricultural industry in the Peoples Republic of China. The company has a fertilizer plant in Weiha City. It is also engaged in the sales of agricultural products in the Peoples' Republic of China.

Muliang Viagoo Technology (Muliang Viagoo Technology) Headlines

From GuruFocus

Muliang Agritech, Inc. Announces Acquisition of Viagoo Pte Ltd.

By Marketwired Marketwired 06-26-2020