PDD Holdings (FRA:9PDA) Debt-to-Equity : 0.04 (As of Sep. 2024)

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What is PDD Holdings Debt-to-Equity?

PDD Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was €257 Mil. PDD Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was €1,047 Mil. PDD Holdings's Total Stockholders Equity for the quarter that ended in Sep. 2024 was €35,463 Mil. PDD Holdings's debt to equity for the quarter that ended in Sep. 2024 was 0.04.

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 PDD Holdings's Debt-to-Equity or its related term are showing as below:

FRA:9PDA' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.17 Max: 0.37
Current: 0.04

During the past 8 years, the highest Debt-to-Equity Ratio of PDD Holdings was 0.37. The lowest was 0.01. And the median was 0.17.

FRA:9PDA's Debt-to-Equity is ranked better than
93.92% of 1003 companies
in the Retail - Cyclical industry
Industry Median: 0.6 vs FRA:9PDA: 0.04

PDD Holdings Debt-to-Equity Historical Data

The historical data trend for PDD Holdings'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.

PDD Holdings Debt-to-Equity Chart

PDD Holdings Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.27

0.28

0.17

0.14

0.05

PDD Holdings Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Debt-to-Equity	Get a 7-Day Free Trial															0.12	0.05	0.04	0.04	0.04

Competitive Comparison of PDD Holdings's Debt-to-Equity

For the Internet Retail subindustry, PDD Holdings'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.

PDD Holdings's Debt-to-Equity Distribution in the Retail - Cyclical Industry

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

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

PDD Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

PDD Holdings's Debt to Equity Ratio for the fiscal year that ended in Dec. 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
	=	(294.115	+	1011.469)	/	24047.023
	=	0.05

PDD Holdings's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(256.586	+	1046.888)	/	35462.54
	=	0.04

PDD Holdings (FRA:9PDA) 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.

PDD Holdings Debt-to-Equity Related Terms

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PDD Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » PDD Holdings Inc (FRA:9PDA) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

PDD:USA PDD:Mexico P1DD34:Brazil

Address

First Floor, 25 St Stephen’s Green, Dublin 2,, Dublin 2, IRL, D02 XF99

Website

https://www.pddholdings.com

PDD Holdings is a multinational commerce group that owns and operates a portfolio of businesses. PDD aims to bring more businesses and people into the digital economy so that local communities and small businesses can benefit from the increased productivity and new opportunities. PDD has built a network of sourcing, logistics, and fulfillment capabilities that support its underlying businesses.

PDD Holdings Headlines

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