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China Soar Information Technology (China Soar Information Technology) Debt-to-Equity : -0.05 (As of Apr. 2019)


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What is China Soar Information Technology Debt-to-Equity?

China Soar Information Technology's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Apr. 2019 was $0.00 Mil. China Soar Information Technology's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Apr. 2019 was $0.00 Mil. China Soar Information Technology's Total Stockholders Equity for the quarter that ended in Apr. 2019 was $-0.02 Mil. China Soar Information Technology's debt to equity for the quarter that ended in Apr. 2019 was -0.05.

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 China Soar Information Technology's Debt-to-Equity or its related term are showing as below:

CNRQ's Debt-to-Equity is not ranked *
in the Interactive Media industry.
Industry Median: 0.16
* Ranked among companies with meaningful Debt-to-Equity only.

China Soar Information Technology Debt-to-Equity Historical Data

The historical data trend for China Soar Information 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.

China Soar Information Technology Debt-to-Equity Chart

China Soar Information Technology Annual Data
Trend Jul15 Jul16 Jul17 Jul18
Debt-to-Equity
N/A - -0.05 -0.04

China Soar Information Technology Quarterly Data
Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19
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 -0.06 -0.04 -0.05 -0.05 -0.05

Competitive Comparison of China Soar Information Technology's Debt-to-Equity

For the Internet Content & Information subindustry, China Soar Information 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.


China Soar Information Technology's Debt-to-Equity Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, China Soar Information Technology's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where China Soar Information Technology's Debt-to-Equity falls into.



China Soar Information Technology Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

China Soar Information Technology's Debt to Equity Ratio for the fiscal year that ended in Jul. 2018 is calculated as

China Soar Information Technology's Debt to Equity Ratio for the quarter that ended in Apr. 2019 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.


China Soar Information Technology  (OTCPK:CNRQ) 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.


China Soar Information Technology Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of China Soar Information Technology's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


China Soar Information Technology (China Soar Information Technology) Business Description

Traded in Other Exchanges
N/A
Address
191 Java Road, North Point, Room 803, 8th Floor, K.Wah Centre,, Hong Kong, HKG
Website
China Soar Information Technology Inc develops, markets, and sells Internet mobile application (MIMA) to entrepreneurs and small businesses in North America, South America, and Europe. It offers MIMA, a cloud platform that helps merchants to create a WEB/WAP e-commerce Website or cell phone client and enterprise mobile management information system.

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