Edianyun (HKSE:02416) Debt-to-Equity : 1.56 (As of Dec. 2023)

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What is Edianyun Debt-to-Equity?

Edianyun's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$1,195 Mil. Edianyun's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$904 Mil. Edianyun's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$1,348 Mil. Edianyun's debt to equity for the quarter that ended in Dec. 2023 was 1.56.

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

HKSE:02416' s Debt-to-Equity Range Over the Past 10 Years
Min: -1.73 Med: -1.2 Max: 1.56
Current: 1.56

During the past 4 years, the highest Debt-to-Equity Ratio of Edianyun was 1.56. The lowest was -1.73. And the median was -1.20.

HKSE:02416's Debt-to-Equity is ranked worse than
91.79% of 2205 companies
in the Software industry
Industry Median: 0.2 vs HKSE:02416: 1.56

Edianyun Debt-to-Equity Historical Data

The historical data trend for Edianyun'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.

Edianyun Debt-to-Equity Chart

Edianyun Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

-1.73

-1.49

-0.91

1.56

Edianyun Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial			-1.49	N/A	-0.91	1.51	1.56

Competitive Comparison of Edianyun's Debt-to-Equity

For the Information Technology Services subindustry, Edianyun'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.

Edianyun's Debt-to-Equity Distribution in the Software Industry

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

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

Edianyun Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Edianyun'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
	=	(1194.702	+	904.32)	/	1347.521
	=	1.56

Edianyun's Debt to Equity Ratio for the quarter 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
	=	(1194.702	+	904.32)	/	1347.521
	=	1.56

Edianyun (HKSE:02416) 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.

Edianyun Debt-to-Equity Related Terms

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

Edianyun (HKSE:02416) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Edianyun Ltd (HKSE:02416) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.41 Xixiaokou Road, Yidianyun Building, Haidian District, Beijing, CHN

Website

https://www.edianyun.com

Edianyun Ltd is an investment holding company and the Group is principally engaged in providing office Internet Technology (IT) integrated solutions to small- and medium-sized enterprises in the PRC. It mainly competes in the office IT integrated solution to market, a fast-growing segment whose penetration rate in the enterprise office IT service market increased from 0.3% in 2017 to 3.3% in 2021, The company mainly generated revenue from pay-as-you-go office IT integrated solutions, sales of devices, and SaaS and other services.

Executives

Talented Ventures Iii Limited	2101 Beneficial owner
Silver Unicorn Ventures Limited	2201 Interest of corporation controlled by you
Shunwei China Internet Fund Iii, L.p.	2201 Interest of corporation controlled by you
Shunwei Capital Partners Iii Gp, L.p.	2201 Interest of corporation controlled by you
Shunwei Capital Partners Iii Gp Limited	2201 Interest of corporation controlled by you
Koh Tuck Lye	2201 Interest of corporation controlled by you
Tian Wen Kai	2201 Interest of corporation controlled by you
Bei Jing Kao La Kun Lve Hu Lian Wang Chan Ye Tou Zi Ji Jin You Xian He Huo	2201 Interest of corporation controlled by you
Bei Jing Kao La Kun Lun Tou Zi Guan Li You Xian Gong Si	2201 Interest of corporation controlled by you
Bei Jing Kun Lun Nan Shan Tou Zi Guan Li Zhong Xin You Xian He Huo	2201 Interest of corporation controlled by you
Tian Jin Tong Run Qi Ye Guan Li He Huo Qi Ye You Xian He Huo	2201 Interest of corporation controlled by you
Tian Jin Hua Qing Yu Yi Qi Ye Guan Li He Huo Qi Ye You Xian He Huo	2103 Interests held jointly with another person
Tian Jin Hua Qing Kuai Yi Qi Ye Guan Li He Huo Qi Ye You Xian He Huo	2103 Interests held jointly with another person
Tian Jin Hua Qing Hong Yi Qi Ye Guan Li He Huo Qi Ye You Xian He Huo	2103 Interests held jointly with another person
Zhang Bin	2103 Interests held jointly with another person

Edianyun (HKSE:02416) Headlines

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