Yangzijiang Financial Holding (SGX:YF8) Debt-to-Equity : 0.00 (As of Dec. 2023)

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What is Yangzijiang Financial Holding Debt-to-Equity?

Yangzijiang Financial Holding's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was S$0.4 Mil. Yangzijiang Financial Holding's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was S$0.4 Mil. Yangzijiang Financial Holding's Total Stockholders Equity for the quarter that ended in Dec. 2023 was S$3,836.1 Mil. Yangzijiang Financial Holding's debt to equity for the quarter that ended in Dec. 2023 was 0.00.

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 Yangzijiang Financial Holding's Debt-to-Equity or its related term are showing as below:

SGX:YF8's Debt-to-Equity is not ranked ^*
in the Asset Management industry.
Industry Median: 0.19
* Ranked among companies with meaningful Debt-to-Equity only.

Yangzijiang Financial Holding Debt-to-Equity Historical Data

The historical data trend for Yangzijiang Financial Holding'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.

Yangzijiang Financial Holding Debt-to-Equity Chart

Yangzijiang Financial Holding Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Yangzijiang Financial Holding Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial			-	-	-	-	-

Competitive Comparison of Yangzijiang Financial Holding's Debt-to-Equity

For the Asset Management subindustry, Yangzijiang Financial Holding'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.

Yangzijiang Financial Holding's Debt-to-Equity Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Yangzijiang Financial Holding's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Yangzijiang Financial Holding's Debt-to-Equity falls into.

Yangzijiang Financial Holding Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Yangzijiang Financial Holding'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
	=	(0.374	+	0.358)	/	3836.052
	=	0.00

Yangzijiang Financial Holding's Debt to Equity Ratio for the quarter 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
	=	(0.374	+	0.358)	/	3836.052
	=	0.00

Yangzijiang Financial Holding (SGX:YF8) 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.

Yangzijiang Financial Holding Debt-to-Equity Related Terms

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Yangzijiang Financial Holding (SGX:YF8) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Yangzijiang Financial Holding Ltd (SGX:YF8) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

YNGFF:USA

Address

9 Raffles Place, No. 54-01 Republic Plaza, Singapore, SGP, 048619

Website

https://www.yzjfin.com

Yangzijiang Financial Holding Ltd operates as an investment management business, which seeks capital appreciation and investment income from investments in both public and private companies as funds, as well as deploying funds into various situations, and the debt investment business, which is primarily made up of debt investments. The principal activities of the Group consist of micro-financing, debt investments at amortized cost, fund management and other investments and therefore management considers that the Group operates in one single business segment at two geographical locations.

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