America Great Health (America Great Health) Debt-to-Equity : -0.39 (As of Dec. 2023)

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What is America Great Health Debt-to-Equity?

America Great Health's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.70 Mil. America Great Health's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1.12 Mil. America Great Health's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $-4.70 Mil. America Great Health's debt to equity for the quarter that ended in Dec. 2023 was -0.39.

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 America Great Health's Debt-to-Equity or its related term are showing as below:

AAGH' s Debt-to-Equity Range Over the Past 10 Years
Min: -1.52 Med: -0.45 Max: -0.01
Current: -0.39

During the past 13 years, the highest Debt-to-Equity Ratio of America Great Health was -0.01. The lowest was -1.52. And the median was -0.45.

AAGH's Debt-to-Equity is not ranked
in the Biotechnology industry.
Industry Median: 0.14 vs AAGH: -0.39

America Great Health Debt-to-Equity Historical Data

The historical data trend for America Great Health'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.

America Great Health Debt-to-Equity Chart

America Great Health Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Debt-to-Equity

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-1.52

-0.35

-0.42

America Great Health 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															-0.34	-0.42	-0.42	-0.40	-0.39

Competitive Comparison of America Great Health's Debt-to-Equity

For the Biotechnology subindustry, America Great Health'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.

America Great Health's Debt-to-Equity Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, America Great Health's Debt-to-Equity distribution charts can be found below:

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

America Great Health Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

America Great Health'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
	=	(0.747	+	1.123)	/	-4.451
	=	-0.42

America Great Health'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
	=	(0.699	+	1.123)	/	-4.702
	=	-0.39

America Great Health (OTCPK:AAGH) 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.

America Great Health Debt-to-Equity Related Terms

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America Great Health (America Great Health) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » America Great Health (OTCPK:AAGH) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

1609 W Valley Boulevard, Unit 338A, Alhambra, CA, USA, 91803

Website

http://www.aaghus.com

America Great Health operates as a biotechnology company. The company focuses on protein and peptide small molecular drugs research and development, diagnostic and medical devices with AI cloud computing, cell therapy, and regenerative medicine and supplements, as well as invests in technologies and integrates with business development for the healthcare ecosystem.

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