Dashan Education Holdings (HKSE:09986) Debt-to-Equity : 0.14 (As of Jun. 2024)

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What is Dashan Education Holdings Debt-to-Equity?

Dashan Education Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was HK$11.33 Mil. Dashan Education Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was HK$12.82 Mil. Dashan Education Holdings's Total Stockholders Equity for the quarter that ended in Jun. 2024 was HK$169.83 Mil. Dashan Education Holdings's debt to equity for the quarter that ended in Jun. 2024 was 0.14.

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

HKSE:09986' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03 Med: 0.65 Max: 2.86
Current: 0.14

During the past 7 years, the highest Debt-to-Equity Ratio of Dashan Education Holdings was 2.86. The lowest was 0.03. And the median was 0.65.

HKSE:09986's Debt-to-Equity is ranked better than
67.97% of 231 companies
in the Education industry
Industry Median: 0.3 vs HKSE:09986: 0.14

Dashan Education Holdings Debt-to-Equity Historical Data

The historical data trend for Dashan Education 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.

Dashan Education Holdings Debt-to-Equity Chart

Dashan Education Holdings Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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2.22

0.70

0.09

0.05

0.15

Dashan Education Holdings Semi-Annual Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Jun24
Debt-to-Equity	Get a 7-Day Free Trial							0.09	0.03	0.05	0.14	0.14

Competitive Comparison of Dashan Education Holdings's Debt-to-Equity

For the Education & Training Services subindustry, Dashan Education 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.

Dashan Education Holdings's Debt-to-Equity Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Dashan Education Holdings's Debt-to-Equity distribution charts can be found below:

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

Dashan Education Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Dashan Education 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
	=	(11.619	+	16.53)	/	183.39
	=	0.15

Dashan Education Holdings's Debt to Equity Ratio for the quarter that ended in Jun. 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
	=	(11.325	+	12.821)	/	169.83
	=	0.14

Dashan Education Holdings (HKSE:09986) 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.

Dashan Education Holdings Debt-to-Equity Related Terms

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Dashan Education Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Dashan Education Holdings Ltd (HKSE:09986) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Crossroad of Zhongzhou Avenue and Minghong Road, 19th Floor Guoxin Plaza, Jinshui District, Henan Province, Zhengzhou, CHN

Website

https://www.dashanedu.com

Dashan Education Holdings Ltd is principally engaged in the provision of (i) extracurricular programs for personal attainment in arts, sports and dancing targeting children and teenagers; (ii) overseas education consultation services in the PRC; (iii) training services for teaching staff; and (iv) other consultancy services. The Group's operating and reportable segments are the extracurricular programs segment, the overseas education segment, the training and consultancy segment, and the Others segment.

Executives

Zhang Hongjun	2201 Interest of corporation controlled by you
Lucky Heaven International Limited	2101 Beneficial owner
Infinite Apex Enterprises Limited	2101 Beneficial owner
Xi Wang	2201 Interest of corporation controlled by you
Shan Jingchao	2201 Interest of corporation controlled by you
Ma Wenhao	2201 Interest of corporation controlled by you
Jia Shuilin	2201 Interest of corporation controlled by you
Bai Tai Investments Limited	2101 Beneficial owner

Dashan Education Holdings Headlines

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