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Beijing Yunxingyu Traffic Technology (BJSE:873806) Debt-to-Equity : 0.01 (As of Mar. 2024)


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What is Beijing Yunxingyu Traffic Technology Debt-to-Equity?

Beijing Yunxingyu Traffic Technology's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥12 Mil. Beijing Yunxingyu Traffic Technology's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥3 Mil. Beijing Yunxingyu Traffic Technology's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥1,434 Mil. Beijing Yunxingyu Traffic Technology's debt to equity for the quarter that ended in Mar. 2024 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 Beijing Yunxingyu Traffic Technology's Debt-to-Equity or its related term are showing as below:

BJSE:873806' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01   Med: 0.02   Max: 0.25
Current: 0.01

During the past 9 years, the highest Debt-to-Equity Ratio of Beijing Yunxingyu Traffic Technology was 0.25. The lowest was 0.01. And the median was 0.02.

BJSE:873806's Debt-to-Equity is ranked better than
99.95% of 2203 companies
in the Software industry
Industry Median: 0.2 vs BJSE:873806: 0.01

Beijing Yunxingyu Traffic Technology Debt-to-Equity Historical Data

The historical data trend for Beijing Yunxingyu Traffic Technology'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.

Beijing Yunxingyu Traffic Technology Debt-to-Equity Chart

Beijing Yunxingyu Traffic Technology Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only 0.11 0.19 0.05 0.02 0.02

Beijing Yunxingyu Traffic Technology Quarterly Data
Dec12 Dec13 Dec14 Dec15 Dec16 Dec20 Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.02 0.02 0.02 0.02 0.01

Competitive Comparison of Beijing Yunxingyu Traffic Technology's Debt-to-Equity

For the Software - Infrastructure subindustry, Beijing Yunxingyu Traffic Technology'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.


Beijing Yunxingyu Traffic Technology's Debt-to-Equity Distribution in the Software Industry

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

* The bar in red indicates where Beijing Yunxingyu Traffic Technology's Debt-to-Equity falls into.



Beijing Yunxingyu Traffic Technology Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Beijing Yunxingyu Traffic Technology's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Beijing Yunxingyu Traffic Technology's Debt to Equity Ratio for the quarter that ended in Mar. 2024 is calculated as

* 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.


Beijing Yunxingyu Traffic Technology  (BJSE:873806) 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.


Beijing Yunxingyu Traffic Technology Debt-to-Equity Related Terms

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Beijing Yunxingyu Traffic Technology (BJSE:873806) Business Description

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Website
Beijing Yunxingyu Traffic Technology Ltd is engaged in Intelligent transportation system integration business, intelligent transportation technology service business, product sales and other businesses, etc.

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