Shandong Guozi Software Co (BJSE:872953) Debt-to-Equity : 0.00 (As of Jun. 2024)

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What is Shandong Guozi Software Co Debt-to-Equity?

Shandong Guozi Software Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was ¥0.0 Mil. Shandong Guozi Software Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was ¥0.0 Mil. Shandong Guozi Software Co's Total Stockholders Equity for the quarter that ended in Jun. 2024 was ¥531.0 Mil. Shandong Guozi Software Co's debt to equity for the quarter that ended in Jun. 2024 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 Shandong Guozi Software Co's Debt-to-Equity or its related term are showing as below:

BJSE:872953' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.05 Max: 0.37
Current: 0.02

During the past 7 years, the highest Debt-to-Equity Ratio of Shandong Guozi Software Co was 0.37. The lowest was 0.00. And the median was 0.05.

BJSE:872953's Debt-to-Equity is ranked better than
91.48% of 2218 companies
in the Software industry
Industry Median: 0.21 vs BJSE:872953: 0.02

Shandong Guozi Software Co Debt-to-Equity Historical Data

The historical data trend for Shandong Guozi Software Co'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.

Shandong Guozi Software Co Debt-to-Equity Chart

Shandong Guozi Software Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

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0.26

0.14

0.02

Shandong Guozi Software Co Quarterly Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Debt-to-Equity	Get a 7-Day Free Trial															0.02	0.02	-	-	-

Competitive Comparison of Shandong Guozi Software Co's Debt-to-Equity

For the Software - Application subindustry, Shandong Guozi Software Co'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.

Shandong Guozi Software Co's Debt-to-Equity Distribution in the Software Industry

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

* The bar in red indicates where Shandong Guozi Software Co's Debt-to-Equity falls into.

Shandong Guozi Software Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Shandong Guozi Software Co'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
	=	(0.499	+	0)	/	216.01
	=	0.00

Shandong Guozi Software Co's Debt to Equity Ratio for the quarter that ended in Jun. 2024 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)	/	531.004
	=	0.00

Shandong Guozi Software Co (BJSE:872953) 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.

Shandong Guozi Software Co Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Shandong Guozi Software Co's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Shandong Guozi Software Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Shandong Guozi Software Co Ltd (BJSE:872953) » Definitions » Debt-to-Equity

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Traded in Other Exchanges

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Address

Building 5, Qilu Cultural and Creative Base, No. 101 Shunfeng Road, High-tech Zone, Shandong Province, Jinan, CHN

Website

http://www.googosoft.com

Shandong Guozi Software Co Ltd is a professional application software product development and industry solution provider. It is involved in providing asset management services for thousands of large unit users, and has grown into one of the most influential companies in the field of asset and equipment management software.

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