Noah Holdings (Noah Holdings) Debt-to-Equity : 0.01 (As of Dec. 2023)

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What is Noah Holdings Debt-to-Equity?

Noah Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $8.7 Mil. Noah Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $10.7 Mil. Noah Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $1,444.0 Mil. Noah Holdings's debt to equity for the quarter that ended in Dec. 2023 was 0.01.

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 Noah Holdings's Debt-to-Equity or its related term are showing as below:

NOAH' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.03 Max: 0.34
Current: 0.01

During the past 13 years, the highest Debt-to-Equity Ratio of Noah Holdings was 0.34. The lowest was 0.01. And the median was 0.03.

NOAH's Debt-to-Equity is ranked better than
99.9% of 1021 companies
in the Asset Management industry
Industry Median: 0.19 vs NOAH: 0.01

Noah Holdings Debt-to-Equity Historical Data

The historical data trend for Noah 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.

Noah Holdings Debt-to-Equity Chart

Noah Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.05

0.04

0.03

0.02

0.01

Noah Holdings 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															0.02	0.01	0.01	0.01	0.01

Competitive Comparison of Noah Holdings's Debt-to-Equity

For the Asset Management subindustry, Noah 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.

Noah Holdings's Debt-to-Equity Distribution in the Asset Management Industry

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

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

Noah Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Noah Holdings'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
	=	(8.659	+	10.719)	/	1443.984
	=	0.01

Noah Holdings'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
	=	(8.659	+	10.719)	/	1443.984
	=	0.01

Noah Holdings (NYSE:NOAH) 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.

Noah Holdings Debt-to-Equity Related Terms

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Noah Holdings (Noah Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Noah Holdings Ltd (NYSE:NOAH) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

06686:Hong Kong 6NO:Germany

Address

1687 Changyang Road, Changyang Valley, Building 2, Shanghai, CHN, 200090

Website

https://ir.noahgroup.com

Noah Holdings Ltd is a wealth management service provider. It focuses on wealth investment and asset allocation services for high-net-worth individuals and enterprises in China. The company operates through three segments: wealth management, asset management, and other business. Its product offerings consisting of over-the-counter wealth management and OTC asset management products and mutual fund products. The portfolio of the group mostly includes fixed income products, private equity funds and securities investment funds. Majority of the firm revenue is generated through one-time commissions and recurring service fees paid by third-party product providers.