Plural Industry Holding Group Co (Plural Industry Holding Group Co) Debt-to-Equity : 0.00 (As of Sep. 2023)

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What is Plural Industry Holding Group Co Debt-to-Equity?

Plural Industry Holding Group Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.00 Mil. Plural Industry Holding Group Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.00 Mil. Plural Industry Holding Group Co's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $-0.06 Mil. Plural Industry Holding Group Co's debt to equity for the quarter that ended in Sep. 2023 was 0.00.

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 Plural Industry Holding Group Co's Debt-to-Equity or its related term are showing as below:

PIHG's Debt-to-Equity is not ranked ^*
in the Capital Markets industry.
Industry Median: 0.35
* Ranked among companies with meaningful Debt-to-Equity only.

Plural Industry Holding Group Co Debt-to-Equity Historical Data

The historical data trend for Plural Industry Holding Group Co'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.

Plural Industry Holding Group Co Debt-to-Equity Chart

Plural Industry Holding Group Co Annual Data

Trend

Debt-to-Equity

Plural Industry Holding Group Co Semi-Annual Data
	Sep22	Sep23
Debt-to-Equity	N/A	-

Competitive Comparison of Plural Industry Holding Group Co's Debt-to-Equity

For the Capital Markets subindustry, Plural Industry Holding Group Co'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.

Plural Industry Holding Group Co's Debt-to-Equity Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Plural Industry Holding Group Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Plural Industry Holding Group Co's Debt-to-Equity falls into.

Plural Industry Holding Group Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Plural Industry Holding Group Co's Debt to Equity Ratio for the fiscal year that ended in . 20 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
	=	(	+	)	/	N/A
	=	N/A

Plural Industry Holding Group Co's Debt to Equity Ratio for the quarter 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
	=	(0	+	0)	/	-0.063
	=	0.00

Plural Industry Holding Group Co (OTCPK:PIHG) 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.

Plural Industry Holding Group Co Debt-to-Equity Related Terms

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Plural Industry Holding Group Co (Plural Industry Holding Group Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Plural Industry Holding Group Co Ltd (OTCPK:PIHG) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

50 West Liberty Street, Suite 880, Reno, NV, USA, 89501

Website

https://www.pluralihg.com

Plural Industry Holding Group Co Ltd invests in, and designs financing structures and tools for, businesses in the sustainability sector, using both traditional and digital finance products and structures.

Plural Industry Holding Group Co (Plural Industry Holding Group Co) Headlines

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