GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Inno Holdings Inc (NAS:INHD) » Definitions » Debt-to-Equity

Inno Holdings (Inno Holdings) Debt-to-Equity : 0.21 (As of Dec. 2023)


View and export this data going back to 2023. Start your Free Trial

What is Inno Holdings Debt-to-Equity?

Inno Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.79 Mil. Inno Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.33 Mil. Inno Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $5.36 Mil. Inno Holdings's debt to equity for the quarter that ended in Dec. 2023 was 0.21.

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

INHD' s Debt-to-Equity Range Over the Past 10 Years
Min: -2.66   Med: 0.67   Max: 5.52
Current: 0.21

During the past 3 years, the highest Debt-to-Equity Ratio of Inno Holdings was 5.52. The lowest was -2.66. And the median was 0.67.

INHD's Debt-to-Equity is ranked better than
70.07% of 558 companies
in the Steel industry
Industry Median: 0.415 vs INHD: 0.21

Inno Holdings Debt-to-Equity Historical Data

The historical data trend for Inno Holdings'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.

Inno Holdings Debt-to-Equity Chart

Inno Holdings Annual Data
Trend Sep21 Sep22 Sep23
Debt-to-Equity
0.67 1.18 -1.15

Inno Holdings Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.52 2.14 -2.66 -1.15 0.21

Competitive Comparison of Inno Holdings's Debt-to-Equity

For the Steel subindustry, Inno Holdings'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.

Inno Holdings's Debt-to-Equity Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Inno Holdings's Debt-to-Equity distribution charts can be found below:

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


Inno Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Inno Holdings's Debt to Equity Ratio for the fiscal year that ended in Sep. 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
=(1.556 + 0.387) / -1.695
=-1.15

Inno Holdings'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
=(0.794 + 0.327) / 5.363
=0.21

* 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.

Inno Holdings  (NAS:INHD) 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.

Inno Holdings Debt-to-Equity Related Terms

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

Inno Holdings (Inno Holdings) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Inno Holdings Inc (NAS:INHD) » Definitions » Debt-to-Equity
Comparable Companies
Traded in Other Exchanges
N/A
Address
2465 Farm Market 359 South, Brookshire, TX, USA, 77423
Website
https://www.innometalstuds.com
Inno Holdings Inc is a building technology company with a mission to transform the construction industry with its proprietary cold-formed steel-framing technology and other innovations. It is a manufacturer of cold-formed-steel members and prefabricated homes. It offers a full range of services required to transform raw materials into precise steel framing products and prefabricated homes. The company sells these finished products either to businesses or directly to customers. The finished products and cold-formed-steel members are used in a variety of building types, including residential, commercial, industrial and infrastructure.