U-BX Technology (U-BX Technology) Debt-to-Equity : 0.13 (As of Jun. 2023)

View and export this data going back to 2024. Start your Free Trial

What is U-BX Technology Debt-to-Equity?

U-BX Technology's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $0.14 Mil. U-BX Technology's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $0.00 Mil. U-BX Technology's Total Stockholders Equity for the quarter that ended in Jun. 2023 was $1.07 Mil. U-BX Technology's debt to equity for the quarter that ended in Jun. 2023 was 0.13.

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 U-BX Technology's Debt-to-Equity or its related term are showing as below:

UBXG' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.13 Med: 0.37 Max: 0.61
Current: 0.13

During the past 4 years, the highest Debt-to-Equity Ratio of U-BX Technology was 0.61. The lowest was 0.13. And the median was 0.37.

UBXG's Debt-to-Equity is ranked better than
60.05% of 2213 companies
in the Software industry
Industry Median: 0.21 vs UBXG: 0.13

U-BX Technology Debt-to-Equity Historical Data

The historical data trend for U-BX 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.

U-BX Technology Debt-to-Equity Chart

U-BX Technology Annual Data

Trend

Jun20

Jun21

Jun22

Jun23

Debt-to-Equity

0.61

0.13

U-BX Technology Semi-Annual Data
	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Debt-to-Equity	Get a 7-Day Free Trial			-	-	-	-	0.13

Competitive Comparison of U-BX Technology's Debt-to-Equity

For the Software - Infrastructure subindustry, U-BX 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.

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

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

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

U-BX Technology Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

U-BX Technology's Debt to Equity Ratio for the fiscal year that ended in Jun. 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
	=	(0.138	+	0)	/	1.071
	=	0.13

U-BX Technology's Debt to Equity Ratio for the quarter that ended in Jun. 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
	=	(0.138	+	0)	/	1.071
	=	0.13

U-BX Technology (NAS:UBXG) 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.

U-BX Technology Debt-to-Equity Related Terms

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

U-BX Technology (U-BX Technology) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » U-BX Technology Ltd (NAS:UBXG) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1 Linkong Er Road, Shunyi District, Zhongguan Science and Technology Park, Beijing, CHN

Website

U-BX Technology Ltd is focused on providing value-added services using artificial intelligence-driven technology to businesses within the insurance industry, including insurance carriers and brokers. It helps institutional clients obtain visibility on various social media platforms and generate revenue based on consumers' clicks, views, or its clients' promotion time through those channels. The company has also developed an algorithm named Magic Mirror to calculate payout risks for insurance carriers to underwrite auto insurance coverage.

U-BX Technology (U-BX Technology) Headlines

From GuruFocus

U-BX Technology Ltd. Announces Pricing of $10Million Initial Public Offering

By GlobeNewswire • 03-27-2024