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Dida (HKSE:02559) Debt-to-Equity : 0.01 (As of Dec. 2024)


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What is Dida Debt-to-Equity?

Dida's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was HK$6.2 Mil. Dida's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was HK$4.6 Mil. Dida's Total Stockholders Equity for the quarter that ended in Dec. 2024 was HK$1,415.2 Mil. Dida's debt to equity for the quarter that ended in Dec. 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 Dida's Debt-to-Equity or its related term are showing as below:

HKSE:02559' s Debt-to-Equity Range Over the Past 10 Years
Min: -1.29   Med: -1.2   Max: 0.01
Current: 0.01

During the past 4 years, the highest Debt-to-Equity Ratio of Dida was 0.01. The lowest was -1.29. And the median was -1.20.

HKSE:02559's Debt-to-Equity is ranked better than
99.89% of 920 companies
in the Business Services industry
Industry Median: 0.36 vs HKSE:02559: 0.01

Dida Debt-to-Equity Historical Data

The historical data trend for Dida'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.

Dida Debt-to-Equity Chart

Dida Annual Data
Trend Dec21 Dec22 Dec23 Dec24
Debt-to-Equity
-1.19 -1.20 -1.29 0.01

Dida Semi-Annual Data
Dec21 Dec22 Jun23 Dec23 Jun24 Dec24
Debt-to-Equity Get a 7-Day Free Trial -1.20 N/A -1.29 0.01 0.01

Competitive Comparison of Dida's Debt-to-Equity

For the Rental & Leasing Services subindustry, Dida'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.

Dida's Debt-to-Equity Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Dida's Debt-to-Equity distribution charts can be found below:

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


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Dida Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Dida's Debt to Equity Ratio for the fiscal year that ended in Dec. 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
=(6.162 + 4.597) / 1415.181
=0.01

Dida's Debt to Equity Ratio for the quarter that ended in Dec. 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
=(6.162 + 4.597) / 1415.181
=0.01

* 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.

Dida  (HKSE:02559) 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.

Dida Debt-to-Equity Related Terms

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

Dida Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Dida Inc (HKSE:02559) » Definitions » Debt-to-Equity
Comparable Companies
HKSE:00254 HKSE:00474 HKSE:09680 HKSE:00936 HKSE:01496 HKSE:01581 HKSE:08425 HKSE:08612 HKSE:01848 HKSE:01341 URI LSE:AHT AER FTAI UHAL TSX:EFN XPAR:AYV BSP:RENT3 R GATX
Traded in Other Exchanges
N/A
Address
Chuangyuan Road, 5th floor, Building 14, Chaolai Science Park, No. 36 Courtyard, Chaoyang District, Beijing, CHN
Website
https://www.didachuxing.com
Dida Inc is a technology-driven platform in China offering carpooling marketplace and smart taxi services, aiming to create more transit capacity with less environmental impact. The company operates under 3 segments: Provision of carpooling marketplace services, Provision of taxi related services and Provision of advertising and related services. Key revenue is generated from Provision of carpooling marketplace services.
Executives
Wei Ran Nan Jing Dong Li Ke Ji You Xian Gong Si 2201 Interest of corporation controlled by you
Ning Bo Bao Shui Qu Wei Xu Qi Ye Guan Li You Xian Gong Si 2201 Interest of corporation controlled by you
Nio Inc. 2201 Interest of corporation controlled by you
Li Bin 2201 Interest of corporation controlled by you
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Dida Headlines

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