GURUFOCUS.COM » STOCK LIST » Technology » Software » Capitalonline Data Service Co Ltd (SZSE:300846) » Definitions » Debt-to-Equity

Capitalonline Data Service Co (SZSE:300846) Debt-to-Equity : 0.53 (As of Mar. 2024)


View and export this data going back to 2020. Start your Free Trial

What is Capitalonline Data Service Co Debt-to-Equity?

Capitalonline Data Service Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥578 Mil. Capitalonline Data Service Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥44 Mil. Capitalonline Data Service Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥1,170 Mil. Capitalonline Data Service Co's debt to equity for the quarter that ended in Mar. 2024 was 0.53.

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 Capitalonline Data Service Co's Debt-to-Equity or its related term are showing as below:

SZSE:300846' s Debt-to-Equity Range Over the Past 10 Years
Min: 0   Med: 0.4   Max: 0.83
Current: 0.53

During the past 13 years, the highest Debt-to-Equity Ratio of Capitalonline Data Service Co was 0.83. The lowest was 0.00. And the median was 0.40.

SZSE:300846's Debt-to-Equity is ranked worse than
72.36% of 2218 companies
in the Software industry
Industry Median: 0.21 vs SZSE:300846: 0.53

Capitalonline Data Service Co Debt-to-Equity Historical Data

The historical data trend for Capitalonline Data Service 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.

Capitalonline Data Service Co Debt-to-Equity Chart

Capitalonline Data Service 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 0.18 0.83 0.50 0.72

Capitalonline Data Service 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 0.53 0.55 0.56 0.72 0.53

Competitive Comparison of Capitalonline Data Service Co's Debt-to-Equity

For the Information Technology Services subindustry, Capitalonline Data Service 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.


Capitalonline Data Service Co's Debt-to-Equity Distribution in the Software Industry

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

* The bar in red indicates where Capitalonline Data Service Co's Debt-to-Equity falls into.



Capitalonline Data Service Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Capitalonline Data Service Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Capitalonline Data Service 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.


Capitalonline Data Service Co  (SZSE:300846) 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.


Capitalonline Data Service Co Debt-to-Equity Related Terms

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


Capitalonline Data Service Co (SZSE:300846) Business Description

Traded in Other Exchanges
N/A
Address
No. 9 Dongran North Street, Baolan Golden Park International Center, Room B3010, 3rd Floor, Section B, Haidian District, Beijing, CHN
Capitalonline Data Service Co Ltd is engaged in provision of internet data center service. It provides technology development, technology promotion, technical services, technical consulting; computer system services; data processing; basic software services; application software services; sales of computers, software and auxiliary equipment.

Capitalonline Data Service Co (SZSE:300846) Headlines

No Headlines