GURUFOCUS.COM » STOCK LIST » Technology » Software » Shanghai Stonehill Technology Co Ltd (SZSE:002195) » Definitions » Debt-to-Equity

Shanghai Stonehill Technology Co (SZSE:002195) Debt-to-Equity : 0.00 (As of Mar. 2024)


View and export this data going back to 2007. Start your Free Trial

What is Shanghai Stonehill Technology Co Debt-to-Equity?

Shanghai Stonehill Technology Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥3.5 Mil. Shanghai Stonehill Technology Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥10.6 Mil. Shanghai Stonehill Technology Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥9,834.5 Mil. Shanghai Stonehill Technology Co's debt to equity for the quarter that ended in Mar. 2024 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 Shanghai Stonehill Technology Co's Debt-to-Equity or its related term are showing as below:

During the past 13 years, the highest Debt-to-Equity Ratio of Shanghai Stonehill Technology Co was 0.21. The lowest was 0.00. And the median was 0.03.

SZSE:002195's Debt-to-Equity is not ranked *
in the Software industry.
Industry Median: 0.21
* Ranked among companies with meaningful Debt-to-Equity only.

Shanghai Stonehill Technology Co Debt-to-Equity Historical Data

The historical data trend for Shanghai Stonehill 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.

* Premium members only.

Shanghai Stonehill Technology Co Debt-to-Equity Chart

Shanghai Stonehill 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 0.07 0.05 0.04 0.03 0.01

Shanghai Stonehill 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 0.02 0.01 0.01 0.01 -

Competitive Comparison of Shanghai Stonehill Technology Co's Debt-to-Equity

For the Software - Application subindustry, Shanghai Stonehill 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.


Shanghai Stonehill Technology Co's Debt-to-Equity Distribution in the Software Industry

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

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



Shanghai Stonehill Technology Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Shanghai Stonehill 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.


Shanghai Stonehill Technology Co  (SZSE:002195) 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.


Shanghai Stonehill Technology Co Debt-to-Equity Related Terms

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


Shanghai Stonehill Technology Co (SZSE:002195) Business Description

Traded in Other Exchanges
N/A
Address
No. 700, Yishan Road, 6th Floor, Block 85, Xuhui District, Shanghai, CHN, 201210
Shanghai Stonehill Technology Co Ltd formerly Shanghai 2345 Network Holding Group Co Ltd is a China-based company. It is engaged in the provision of Internet information services and software outsourcing services. The company operates its businesses through five segments namely Software Outsourcing Services, System Integration, Search Engine Shunt Businesses, Website Promotion and Marketing Businesses.

Shanghai Stonehill Technology Co (SZSE:002195) Headlines

No Headlines