Bairong (FRA:6B5) Debt-to-Asset : 0.02 (As of Jun. 2024)

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What is Bairong Debt-to-Asset?

Bairong's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was €8.5 Mil. Bairong's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was €2.2 Mil. Bairong's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Jun. 2024 was €708.1 Mil. Bairong's debt to asset for the quarter that ended in Jun. 2024 was 0.02.

Bairong Debt-to-Asset Historical Data

The historical data trend for Bairong's Debt-to-Asset 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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Bairong Debt-to-Asset Chart

Bairong Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Asset

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0.13

0.10

0.03

Bairong Semi-Annual Data
	Dec17	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Debt-to-Asset	Get a 7-Day Free Trial							0.02	0.03	0.03	0.03	0.02

Competitive Comparison of Bairong's Debt-to-Asset

For the Software - Infrastructure subindustry, Bairong's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset 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.

Bairong's Debt-to-Asset Distribution in the Software Industry

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

* The bar in red indicates where Bairong's Debt-to-Asset falls into.

Bairong Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Bairong's Debt-to-Asset for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(16.75	+	1.809)	/	707.094
	=	0.03

Bairong's Debt-to-Asset for the quarter that ended in Jun. 2024 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(8.536	+	2.164)	/	708.087
	=	0.02

Bairong (FRA:6B5) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

Bairong Debt-to-Asset Related Terms

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Bairong Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Bairong Inc (FRA:6B5) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

06608:Hong Kong

Address

No.10 Furong Street, 1-3/F, Tower A, Chaoyang District, Beijing, CHN

Website

https://www.brgroup.com

Bairong Inc is an independent AI-powered technology platform in China serving the financial services industry. It is driven by science and technology, and continuously explores the scenarios and applications of cutting-edge technologies such as artificial intelligence, cloud computing, and blockchain in the financial field, empowering financial institutions to innovate and transform digitally, and help financial inclusion.

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