Newlink Technology (HKSE:09600) Debt-to-Equity : 0.05 (As of Dec. 2023)

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What is Newlink Technology Debt-to-Equity?

Newlink Technology's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$14.9 Mil. Newlink Technology's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$26.0 Mil. Newlink Technology's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$860.8 Mil. Newlink Technology'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 Newlink Technology's Debt-to-Equity or its related term are showing as below:

HKSE:09600' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.12 Max: 0.27
Current: 0.05

During the past 7 years, the highest Debt-to-Equity Ratio of Newlink Technology was 0.27. The lowest was 0.01. And the median was 0.12.

HKSE:09600's Debt-to-Equity is ranked better than
77.89% of 2207 companies
in the Software industry
Industry Median: 0.21 vs HKSE:09600: 0.05

Newlink Technology Debt-to-Equity Historical Data

The historical data trend for Newlink 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.

Newlink Technology Debt-to-Equity Chart

Newlink Technology Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.27

0.12

0.01

0.04

0.05

Newlink Technology Semi-Annual Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial							0.01	0.02	0.04	0.02	0.05

Competitive Comparison of Newlink Technology's Debt-to-Equity

For the Software - Application subindustry, Newlink 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.

Newlink Technology's Debt-to-Equity Distribution in the Software Industry

For the Software industry and Technology sector, Newlink Technology's Debt-to-Equity distribution charts can be found below:

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

Newlink Technology Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Newlink Technology'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
	=	(14.87	+	26.013)	/	860.772
	=	0.05

Newlink Technology'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
	=	(14.87	+	26.013)	/	860.772
	=	0.05

Newlink Technology (HKSE:09600) 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.

Newlink Technology Debt-to-Equity Related Terms

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

Newlink Technology (HKSE:09600) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Newlink Technology Inc (HKSE:09600) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Xueqing Road, 5th Floor, Tower A, Xueqing Jiachuang Building, Haidian District, Beijing, CHN, 100083

Website

https://www.xnewtech.com

Newlink Technology Inc is an investment holding company that provides IT solutions, technology-driven IT solutions based on self-developed software products. It provides traditional solution services to its customers involved in specific industries, such as finance, medical, transportation, and logistics as well as general industries. Geographically, all business activities are carried out in China.

Executives

Nebula Sc Holdings Limited	2101 Beneficial owner
Zhai Shuchun	2201 Interest of corporation controlled by you
Earnest Kai Holdings Limited	2101 Beneficial owner
Yuan Yukai	2201 Interest of corporation controlled by you
Guo Hao	2101 Beneficial owner
Wong Shumin	2202 Interest of your spouse
Zhai Shuchun	2201 Interest of corporation controlled by you

Newlink Technology (HKSE:09600) Headlines

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