Longwen Group (Longwen Group) Debt-to-Equity : 0.43 (As of Mar. 2024)

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What is Longwen Group Debt-to-Equity?

Longwen Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.06 Mil. Longwen Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.00 Mil. Longwen Group's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $0.14 Mil. Longwen Group's debt to equity for the quarter that ended in Mar. 2024 was 0.43.

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

LWLW' s Debt-to-Equity Range Over the Past 10 Years
Min: -10.46 Med: 0.4 Max: 4.74
Current: 0.43

During the past 13 years, the highest Debt-to-Equity Ratio of Longwen Group was 4.74. The lowest was -10.46. And the median was 0.40.

LWLW's Debt-to-Equity is not ranked
in the Business Services industry.
Industry Median: 0.38 vs LWLW: 0.43

Longwen Group Debt-to-Equity Historical Data

The historical data trend for Longwen Group'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.

Longwen Group Debt-to-Equity Chart

Longwen Group Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec21

Dec22

Dec23

Debt-to-Equity

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-0.86

0.38

-3.72

Longwen Group Quarterly Data
	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															1.46	1.32	-10.46	-3.72	0.43

Competitive Comparison of Longwen Group's Debt-to-Equity

For the Consulting Services subindustry, Longwen Group'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.

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

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

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

Longwen Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Longwen Group'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
	=	(0.283	+	0)	/	-0.076
	=	-3.72

Longwen Group's Debt to Equity Ratio for the quarter that ended in Mar. 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
	=	(0.061	+	0)	/	0.141
	=	0.43

Longwen Group (OTCPK:LWLW) 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.

Longwen Group Debt-to-Equity Related Terms

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

Longwen Group (Longwen Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Longwen Group Corp (OTCPK:LWLW) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Room 219, No. 25, Caihe Road, Shangcheng District, Zhejiang Province, Hangzhou, CHN, 310002

Website

http://www.wallong.cn

Longwen Group Corp is engaged in project development and management and to provide consulting services in cultural fields, including antique project promotion and development, traditional magazine project cooperation and development, the marketing and development of audio and visual products, etc.

Executives

Douglas P Martin

10 percent owner

26 KING ST, ST PACOME, QUEBEC CANADA A1 9999999999

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