Boqii Holding (Boqii Holding) Debt-to-Equity : 0.32 (As of Sep. 2023)

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What is Boqii Holding Debt-to-Equity?

Boqii Holding's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $2.94 Mil. Boqii Holding's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $6.64 Mil. Boqii Holding's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $29.82 Mil. Boqii Holding's debt to equity for the quarter that ended in Sep. 2023 was 0.32.

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 Boqii Holding's Debt-to-Equity or its related term are showing as below:

BQ' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.22 Med: 1.92 Max: 7.44
Current: 0.32

During the past 5 years, the highest Debt-to-Equity Ratio of Boqii Holding was 7.44. The lowest was -0.22. And the median was 1.92.

BQ's Debt-to-Equity is ranked better than
68.06% of 1002 companies
in the Retail - Cyclical industry
Industry Median: 0.63 vs BQ: 0.32

Boqii Holding Debt-to-Equity Historical Data

The historical data trend for Boqii Holding'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.

Boqii Holding Debt-to-Equity Chart

Boqii Holding Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

-0.10

-0.19

7.44

1.90

1.18

Boqii Holding Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Mar23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial												1.90	1.93	1.26	1.18	0.32

Competitive Comparison of Boqii Holding's Debt-to-Equity

For the Specialty Retail subindustry, Boqii Holding'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.

Boqii Holding's Debt-to-Equity Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Boqii Holding's Debt-to-Equity distribution charts can be found below:

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

Boqii Holding Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Boqii Holding's Debt to Equity Ratio for the fiscal year that ended in Mar. 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
	=	(13.856	+	16.553)	/	25.872
	=	1.18

Boqii Holding's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(2.935	+	6.635)	/	29.818
	=	0.32

Boqii Holding (AMEX:BQ) 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.

Boqii Holding Debt-to-Equity Related Terms

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Boqii Holding (Boqii Holding) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Boqii Holding Ltd (AMEX:BQ) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 388, Shengrong Road, Pudong, Building 9, New District, Shanghai, CHN, 201210

Website

https://www.boqii.com

Boqii Holding Ltd operates in the business of selling pet products through online stores. The store provides pet foods, health products, pet grooming products, pet bathing products, pet toys, fish tank, aquatic fertilizer, temperature control equipment, oxygen pump, and other related products. Also, the company sells its products through offline channels to pet stores and hospitals.