FinVolution Group (FinVolution Group) Debt-to-Equity : 0.00 (As of Dec. 2023)

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What is FinVolution Group Debt-to-Equity?

FinVolution Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1 Mil. FinVolution Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $5 Mil. FinVolution Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $1,926 Mil. FinVolution Group'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 FinVolution Group's Debt-to-Equity or its related term are showing as below:

During the past 9 years, the highest Debt-to-Equity Ratio of FinVolution Group was 0.08. The lowest was 0.00. And the median was 0.01.

FINV's Debt-to-Equity is not ranked ^*
in the Credit Services industry.
Industry Median: 1.18
* Ranked among companies with meaningful Debt-to-Equity only.

FinVolution Group Debt-to-Equity Historical Data

The historical data trend for FinVolution Group'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.

FinVolution Group Debt-to-Equity Chart

FinVolution Group Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.04

0.01

FinVolution Group Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.01	0.01	0.01	0.01	-

Competitive Comparison of FinVolution Group's Debt-to-Equity

For the Credit Services subindustry, FinVolution Group'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.

FinVolution Group's Debt-to-Equity Distribution in the Credit Services Industry

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

* The bar in red indicates where FinVolution Group's Debt-to-Equity falls into.

FinVolution Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

FinVolution Group'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
	=	(0.806	+	5.025)	/	1925.546
	=	0.00

FinVolution Group'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
	=	(0.806	+	5.025)	/	1925.546
	=	0.00

FinVolution Group (NYSE:FINV) 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.

FinVolution Group Debt-to-Equity Related Terms

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FinVolution Group (FinVolution Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » FinVolution Group (NYSE:FINV) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

PP3:Germany

Address

No. 999 Dangui Road, Building G1, Pudong New District, Shanghai, CHN, 201203

Website

https://www.finvgroup.com

FinVolution Group is a provider of online consumer finance in China. It offers various loan products, making financial services available to borrowers anytime, anywhere; designs a loan transaction process, and offers Tailored risk-based pricing. It offers short-term loans to borrowers to meet immediate credit needs while allowing them to gradually establish their credit history through activities on the company's platform. The company provides investors with an opportunity to invest in emerging asset class-consumer loans through a variety of investment options. It generates revenues from fees charged to borrowers. The Group's long-lived assets are located in the PRC and its revenues are derived from within the PRC.