Pintec Technology Holdings (Pintec Technology Holdings) Debt-to-Equity : 0.00 (As of Jun. 2023)

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What is Pintec Technology Holdings Debt-to-Equity?

Pintec Technology Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $0.00 Mil. Pintec Technology Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $0.00 Mil. Pintec Technology Holdings's Total Stockholders Equity for the quarter that ended in Jun. 2023 was $-51.78 Mil. Pintec Technology Holdings's debt to equity for the quarter that ended in Jun. 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 Pintec Technology Holdings's Debt-to-Equity or its related term are showing as below:

PT' s Debt-to-Equity Range Over the Past 10 Years
Min: -41.54 Med: -0.81 Max: 4.34
Current: -0.97

During the past 7 years, the highest Debt-to-Equity Ratio of Pintec Technology Holdings was 4.34. The lowest was -41.54. And the median was -0.81.

PT's Debt-to-Equity is not ranked
in the Credit Services industry.
Industry Median: 1.18 vs PT: -0.97

Pintec Technology Holdings Debt-to-Equity Historical Data

The historical data trend for Pintec Technology Holdings'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.

Pintec Technology Holdings Debt-to-Equity Chart

Pintec Technology Holdings Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

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0.89

4.34

-4.48

-1.78

-0.87

Pintec Technology Holdings Semi-Annual Data
	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Debt-to-Equity	Get a 7-Day Free Trial									-2.50	-1.78	-0.75	-0.87	-

Competitive Comparison of Pintec Technology Holdings's Debt-to-Equity

For the Credit Services subindustry, Pintec Technology Holdings'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.

Pintec Technology Holdings's Debt-to-Equity Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Pintec Technology Holdings's Debt-to-Equity distribution charts can be found below:

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

Pintec Technology Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Pintec Technology Holdings's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 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
	=	(16.208	+	33.959)	/	-57.668
	=	-0.87

Pintec Technology Holdings'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	+	0)	/	-51.776
	=	0.00

Pintec Technology Holdings (NAS:PT) 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.

Pintec Technology Holdings Debt-to-Equity Related Terms

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Pintec Technology Holdings (Pintec Technology Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Pintec Technology Holdings Ltd (NAS:PT) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 109 Yard Tianjizhigu, 3rd Floor, No. 11 Building, Jinghai 3rd Street, BDA, Beijing, CHN, 101111

Website

https://www.pintec.com

Pintec Technology Holdings Ltd is a technology platform that provides financial services in China in terms of loan volume facilitated. The company connects business partners and financial partners on its open platform and enables them to provide financial services to end-users. Its products include installment loans, personal loans, wealth management, insurance brokerage, SME loans, and others. The company generates its revenue from technical service fees also by providing financing for these borrowers and earn installment service fees, They earn wealth management services fees and commission on financial products.