GURUFOCUS.COM » STOCK LIST » Technology » Software » Fujian Foxit Software Development Joint Stock Co Ltd (SHSE:688095) » Definitions » Debt-to-Equity

Fujian Foxit Software Development Joint Stock Co (SHSE:688095) Debt-to-Equity : 0.03 (As of Mar. 2024)


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

What is Fujian Foxit Software Development Joint Stock Co Debt-to-Equity?

Fujian Foxit Software Development Joint Stock Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥42.6 Mil. Fujian Foxit Software Development Joint Stock Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥29.0 Mil. Fujian Foxit Software Development Joint Stock Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥2,551.6 Mil. Fujian Foxit Software Development Joint Stock 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 Fujian Foxit Software Development Joint Stock Co's Debt-to-Equity or its related term are showing as below:

SHSE:688095' s Debt-to-Equity Range Over the Past 10 Years
Min: 0   Med: 0.02   Max: 0.24
Current: 0.03

During the past 11 years, the highest Debt-to-Equity Ratio of Fujian Foxit Software Development Joint Stock Co was 0.24. The lowest was 0.00. And the median was 0.02.

SHSE:688095's Debt-to-Equity is ranked better than
86.57% of 2219 companies
in the Software industry
Industry Median: 0.21 vs SHSE:688095: 0.03

Fujian Foxit Software Development Joint Stock Co Debt-to-Equity Historical Data

The historical data trend for Fujian Foxit Software Development Joint Stock 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.

Fujian Foxit Software Development Joint Stock Co Debt-to-Equity Chart

Fujian Foxit Software Development Joint Stock Co Annual Data
Trend Dec13 Dec14 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.02 - 0.01 0.02 0.03

Fujian Foxit Software Development Joint Stock 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 0.02 0.03 0.03 0.03 0.03

Competitive Comparison of Fujian Foxit Software Development Joint Stock Co's Debt-to-Equity

For the Software - Application subindustry, Fujian Foxit Software Development Joint Stock 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.


Fujian Foxit Software Development Joint Stock Co's Debt-to-Equity Distribution in the Software Industry

For the Software industry and Technology sector, Fujian Foxit Software Development Joint Stock Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Fujian Foxit Software Development Joint Stock Co's Debt-to-Equity falls into.



Fujian Foxit Software Development Joint Stock Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Fujian Foxit Software Development Joint Stock Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Fujian Foxit Software Development Joint Stock 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.


Fujian Foxit Software Development Joint Stock Co  (SHSE:688095) 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.


Fujian Foxit Software Development Joint Stock Co Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Fujian Foxit Software Development Joint Stock Co's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Fujian Foxit Software Development Joint Stock Co (SHSE:688095) Business Description

Traded in Other Exchanges
N/A
Address
No. 89 Software Avenue, Building 5, Area G, Fuzhou Software Park, Gulou District, Fujian Province, Fuzhou, CHN, 350003
Fujian Foxit Software Development Joint Stock Co Ltd is an internationally operated PDF electronic document solution provider. The company develops and markets PDF products and services to help knowledge workers increase productivity and do more when processing documents. Its products include Foxit Reader, Foxit MobilePDF, Foxit Advanced PDF Editor, Foxit PDF IFilter; and its Development platform and tools include Foxit PDF SDK, Foxit PDF SDK ActiveX, Foxit PDF SDK for Web, and Foxit PDF Toolkit.

Fujian Foxit Software Development Joint Stock Co (SHSE:688095) Headlines

No Headlines