Joyware Electronics Co (SZSE:300270) Debt-to-Equity : 0.03 (As of Mar. 2024)

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What is Joyware Electronics Co Debt-to-Equity?

Joyware Electronics Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥20.2 Mil. Joyware Electronics Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥0.5 Mil. Joyware Electronics Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥672.5 Mil. Joyware Electronics Co's debt to equity for the quarter that ended in Mar. 2024 was 0.03.

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 Joyware Electronics Co's Debt-to-Equity or its related term are showing as below:

SZSE:300270' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02 Med: 0.1 Max: 0.29
Current: 0.03

During the past 13 years, the highest Debt-to-Equity Ratio of Joyware Electronics Co was 0.29. The lowest was 0.02. And the median was 0.10.

SZSE:300270's Debt-to-Equity is ranked better than
91.5% of 929 companies
in the Business Services industry
Industry Median: 0.37 vs SZSE:300270: 0.03

Joyware Electronics Co Debt-to-Equity Historical Data

The historical data trend for Joyware Electronics 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.

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Joyware Electronics Co Debt-to-Equity Chart

Joyware Electronics Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.14

0.11

0.02

0.03

Joyware Electronics 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															-	-	-	0.03	0.03

Competitive Comparison of Joyware Electronics Co's Debt-to-Equity

For the Security & Protection Services subindustry, Joyware Electronics 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.

Joyware Electronics Co's Debt-to-Equity Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Joyware Electronics Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Joyware Electronics Co's Debt-to-Equity falls into.

Joyware Electronics Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Joyware Electronics Co'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
	=	(20.073	+	0)	/	664.438
	=	0.03

Joyware Electronics Co's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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
	=	(20.175	+	0.506)	/	672.469
	=	0.03

Joyware Electronics Co (SZSE:300270) 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.

Joyware Electronics Co Debt-to-Equity Related Terms

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Joyware Electronics Co (SZSE:300270) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Joyware Electronics Co Ltd (SZSE:300270) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

No.1819 Xixing Road, 19th, Joyware Building, Hangzhou, CHN, 310051

Website

http://www.joyware.com

Joyware Electronics Co Ltd is a Chinese company engaged in providing digital video network monitoring solutions for highways, financial centers, safe cities, boutiques, supermarkets, and apartments. Its products include dome cameras, bullet cameras, fisheye cameras, PTZ cameras, license cameras, and starlight cameras; industrial Ethernet switches, optical transceivers, and wireless products; and storage products, such as NVR and DVR products. In addition, the company also offers OEM and ODM service to various security product companies. The company sells its products in China and other international countries.

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