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Intelligent Living Application Group (Intelligent Living Application Group) Debt-to-Equity : 0.06 (As of Dec. 2023)


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What is Intelligent Living Application Group Debt-to-Equity?

Intelligent Living Application Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.41 Mil. Intelligent Living Application Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.49 Mil. Intelligent Living Application Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $16.40 Mil. Intelligent Living Application Group's debt to equity for the quarter that ended in Dec. 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 Intelligent Living Application Group's Debt-to-Equity or its related term are showing as below:

ILAG' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.06   Med: 0.28   Max: 0.61
Current: 0.06

During the past 6 years, the highest Debt-to-Equity Ratio of Intelligent Living Application Group was 0.61. The lowest was 0.06. And the median was 0.28.

ILAG's Debt-to-Equity is ranked better than
87.83% of 1512 companies
in the Construction industry
Industry Median: 0.44 vs ILAG: 0.06

Intelligent Living Application Group Debt-to-Equity Historical Data

The historical data trend for Intelligent Living Application Group'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.

Intelligent Living Application Group Debt-to-Equity Chart

Intelligent Living Application Group Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial 0.39 0.49 0.61 0.07 0.06

Intelligent Living Application Group Semi-Annual Data
Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.61 1.37 0.07 0.11 0.06

Competitive Comparison of Intelligent Living Application Group's Debt-to-Equity

For the Building Products & Equipment subindustry, Intelligent Living Application Group'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.

Intelligent Living Application Group's Debt-to-Equity Distribution in the Construction Industry

For the Construction industry and Industrials sector, Intelligent Living Application Group's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Intelligent Living Application Group's Debt-to-Equity falls into.


Intelligent Living Application Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Intelligent Living Application Group'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
=(0.409 + 0.491) / 16.402
=0.05

Intelligent Living Application Group'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
=(0.409 + 0.491) / 16.402
=0.05

* 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.

Intelligent Living Application Group  (NAS:ILAG) 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.

Intelligent Living Application Group Debt-to-Equity Related Terms

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Intelligent Living Application Group (Intelligent Living Application Group) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Intelligent Living Application Group Inc (NAS:ILAG) » Definitions » Debt-to-Equity
Comparable Companies
VIEW AEHL OATN BURCA APT PPIH TT TSE:6367 CARR JCI XPAR:SGO XSWX:GEBN BLDR LII CSL DUB:KRX MAS OSTO:NIBE B OC SZSE:002271
Traded in Other Exchanges
N/A
Address
1-15 Kwai Fung Crescent, Unit 2, 5th Floor, Block A, Profit Industrial Building, Kwai Chung New Territories, Hong Kong, HKG
Website
http://www.i-l-a-g.com
Intelligent Living Application Group Inc is engaged in the business of manufacturing and selling mechanical locksets. The business is spread across the Unites States, Canada, Australia, and China. Majority of the revenue is generated from the United States.