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Sichuan Jiuyuan Yinhai Software Co (SZSE:002777) Debt-to-Equity : 0.01 (As of Mar. 2024)


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What is Sichuan Jiuyuan Yinhai Software Co Debt-to-Equity?

Sichuan Jiuyuan Yinhai Software Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥12 Mil. Sichuan Jiuyuan Yinhai Software Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥11 Mil. Sichuan Jiuyuan Yinhai Software Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥1,683 Mil. Sichuan Jiuyuan Yinhai Software Co's debt to equity for the quarter that ended in Mar. 2024 was 0.01.

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 Sichuan Jiuyuan Yinhai Software Co's Debt-to-Equity or its related term are showing as below:

SZSE:002777' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01   Med: 0.07   Max: 0.18
Current: 0.01

During the past 13 years, the highest Debt-to-Equity Ratio of Sichuan Jiuyuan Yinhai Software Co was 0.18. The lowest was 0.01. And the median was 0.07.

SZSE:002777's Debt-to-Equity is ranked better than
99.95% of 2216 companies
in the Software industry
Industry Median: 0.21 vs SZSE:002777: 0.01

Sichuan Jiuyuan Yinhai Software Co Debt-to-Equity Historical Data

The historical data trend for Sichuan Jiuyuan Yinhai Software 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.

Sichuan Jiuyuan Yinhai Software Co Debt-to-Equity Chart

Sichuan Jiuyuan Yinhai Software Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.01 0.01 0.02 0.01

Sichuan Jiuyuan Yinhai Software Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.02 0.02 0.01 0.01 0.01

Competitive Comparison of Sichuan Jiuyuan Yinhai Software Co's Debt-to-Equity

For the Software - Application subindustry, Sichuan Jiuyuan Yinhai Software 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.


Sichuan Jiuyuan Yinhai Software Co's Debt-to-Equity Distribution in the Software Industry

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

* The bar in red indicates where Sichuan Jiuyuan Yinhai Software Co's Debt-to-Equity falls into.



Sichuan Jiuyuan Yinhai Software Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Sichuan Jiuyuan Yinhai Software Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Sichuan Jiuyuan Yinhai Software Co's Debt to Equity Ratio for the quarter that ended in Mar. 2024 is calculated as

* 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.


Sichuan Jiuyuan Yinhai Software Co  (SZSE:002777) 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.


Sichuan Jiuyuan Yinhai Software Co Debt-to-Equity Related Terms

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Sichuan Jiuyuan Yinhai Software Co (SZSE:002777) Business Description

Traded in Other Exchanges
N/A
Address
Sansui Road, Building 2, No. 3, Yinhai Core Block, No. 163, High-tech Zone, Jinjiang District, Chengdu, CHN, 610063
Sichuan Jiuyuan Yinhai Software Co Ltd provides enterprise application software solutions and integrated services for livelihood and defense industries. The company's businesses and products coverage of human resources and social security, medical hygiene, provident fund, civil affairs, food and drug supervision, smart city, military and civilian products, and digital military.
Executives
Jiang Hong Executives
Zhan Kai Ming Executives
Yang Cheng Wen Directors, executives
Lian Chun Hua Directors, executives
Qiao Deng Jian Executives
Zhang Wei Executives
Zhou Kai Supervisors
Huang Dan Supervisors
Li Hui Xia Director
Wang Zu Executives
Tian Zhi Yong Executives
Dan Wei Min Executives
Di Jun Zi Executives
Cheng Shu Zhong Supervisors
Hou Chun Mei Supervisors

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