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Silkroad Vision Technology Co (SZSE:300556) Debt-to-Equity : 0.45 (As of Mar. 2024)


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What is Silkroad Vision Technology Co Debt-to-Equity?

Silkroad Vision Technology Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥144 Mil. Silkroad Vision Technology Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥251 Mil. Silkroad Vision Technology Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥884 Mil. Silkroad Vision Technology Co's debt to equity for the quarter that ended in Mar. 2024 was 0.45.

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 Silkroad Vision Technology Co's Debt-to-Equity or its related term are showing as below:

SZSE:300556' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01   Med: 0.17   Max: 0.45
Current: 0.45

During the past 13 years, the highest Debt-to-Equity Ratio of Silkroad Vision Technology Co was 0.45. The lowest was 0.01. And the median was 0.17.

SZSE:300556's Debt-to-Equity is ranked worse than
59.76% of 845 companies
in the Media - Diversified industry
Industry Median: 0.29 vs SZSE:300556: 0.45

Silkroad Vision Technology Co Debt-to-Equity Historical Data

The historical data trend for Silkroad Vision Technology 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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Silkroad Vision Technology Co Debt-to-Equity Chart

Silkroad Vision Technology 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 0.16 0.27 0.16 0.42 0.42

Silkroad Vision Technology 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 0.45 0.43 0.43 0.42 0.45

Competitive Comparison of Silkroad Vision Technology Co's Debt-to-Equity

For the Entertainment subindustry, Silkroad Vision Technology 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.


Silkroad Vision Technology Co's Debt-to-Equity Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Silkroad Vision Technology Co's Debt-to-Equity distribution charts can be found below:

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



Silkroad Vision Technology Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Silkroad Vision Technology Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Silkroad Vision Technology 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.


Silkroad Vision Technology Co  (SZSE:300556) 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.


Silkroad Vision Technology Co Debt-to-Equity Related Terms

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


Silkroad Vision Technology Co (SZSE:300556) Business Description

Traded in Other Exchanges
N/A
Address
Shi Flower Road, Room 108, Building B4, Fu Plaza Fantasia, Futian Free Trade Zone, Shenzhen, CHN, 518000
Silkroad Vision Technology Co Ltd is engaged in the digital visual integrated service business. The company provides digital visualization, video animation, computer graphics (CG) game, exhibition, digital stage art, and CG training services. It primarily serves the government departments, real estate enterprises, design institutes and other enterprises.
Executives
Wang Yu Secretary Dong
Wang Jun Ping Director
Wang Xiu Qin Directors, executives
Tian Wan Jun Executives
Hu Jing Hua Director
Yue Feng Executives
Li Meng Di Directors, executives
Li Peng Hui Directors, executives
Ding Peng Qing Executives
Kang Yu Lu Executives
Xiang Lan Di Supervisors
Wang Dan Executives
He Tao Executives
Pei Ge Xin Directors, executives
Dong Hai Ping Director

Silkroad Vision Technology Co (SZSE:300556) Headlines

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