Baijiayun Group (Baijiayun Group) Debt-to-Equity : 0.15 (As of Jun. 2023)

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What is Baijiayun Group Debt-to-Equity?

Baijiayun Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $3.10 Mil. Baijiayun Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $10.14 Mil. Baijiayun Group's Total Stockholders Equity for the quarter that ended in Jun. 2023 was $88.71 Mil. Baijiayun Group's debt to equity for the quarter that ended in Jun. 2023 was 0.15.

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 Baijiayun Group's Debt-to-Equity or its related term are showing as below:

RTC' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.11 Med: 0.36 Max: 0.62
Current: 0.15

During the past 13 years, the highest Debt-to-Equity Ratio of Baijiayun Group was 0.62. The lowest was -0.11. And the median was 0.36.

RTC's Debt-to-Equity is ranked better than
57.38% of 2222 companies
in the Software industry
Industry Median: 0.21 vs RTC: 0.15

Baijiayun Group Debt-to-Equity Historical Data

The historical data trend for Baijiayun 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.

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Baijiayun Group Debt-to-Equity Chart

Baijiayun Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Jun22

Jun23

Debt-to-Equity

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0.51

0.35

0.36

-0.11

0.15

Baijiayun Group Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Debt-to-Equity	Get a 7-Day Free Trial															0.23	0.36	-0.11	0.03	0.15

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

For the Software - Application subindustry, Baijiayun 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.

Baijiayun Group's Debt-to-Equity Distribution in the Software Industry

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

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

Baijiayun Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Baijiayun Group's Debt to Equity Ratio for the fiscal year 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
	=	(3.097	+	10.136)	/	88.713
	=	0.15

Baijiayun Group'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
	=	(3.097	+	10.136)	/	88.713
	=	0.15

Baijiayun Group (NAS:RTC) 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.

Baijiayun Group Debt-to-Equity Related Terms

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Baijiayun Group (Baijiayun Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Baijiayun Group Ltd (NAS:RTC) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

F4B1:Germany

Address

No. 32 Fengzhan Road, 24th Floor, A1 South Building, Yuhuatai District, Nanjing, CHN, 210000

Website

https://ir.baijiayun.com

Baijiayun Group Ltd is a ToB video cloud technology service provider that solves various pain points and needs in the field of video technology applications for enterprises. The group supplies energy for the digital development of enterprises through audio and video technology. The firm provides video technology solutions to enterprises and government agencies in various fields such as automobiles, finance, education, and medical care. Baijiayun has created three categories of product services namely video SaaS/PaaS business, video cloud products and software, and video system solutions. It has set up multiple R&D centers, branches, and offices across the country, enabling video technology to create industrial value and promote the development of the real economy.