SinoCloud Group (SGX:LYY) Debt-to-Equity : 2.75 (As of Sep. 2024)

View and export this data going back to 2004. Start your Free Trial

What is SinoCloud Group Debt-to-Equity?

SinoCloud Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was S$4.52 Mil. SinoCloud Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was S$8.46 Mil. SinoCloud Group's Total Stockholders Equity for the quarter that ended in Sep. 2024 was S$4.73 Mil. SinoCloud Group's debt to equity for the quarter that ended in Sep. 2024 was 2.75.

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

SGX:LYY' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02 Med: 0.25 Max: 4.1
Current: 2.75

During the past 13 years, the highest Debt-to-Equity Ratio of SinoCloud Group was 4.10. The lowest was 0.02. And the median was 0.25.

SGX:LYY's Debt-to-Equity is ranked worse than
95.65% of 2208 companies
in the Software industry
Industry Median: 0.2 vs SGX:LYY: 2.75

SinoCloud Group Debt-to-Equity Historical Data

The historical data trend for SinoCloud 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.

SinoCloud Group Debt-to-Equity Chart

SinoCloud Group Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Jun20

Jun21

Jun22

Jun23

Jun24

Debt-to-Equity

Get a 7-Day Free Trial

0.69

0.66

2.50

2.10

2.70

SinoCloud Group 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															2.20	2.70	2.79	2.70	2.75

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

For the Information Technology Services subindustry, SinoCloud 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.

SinoCloud Group's Debt-to-Equity Distribution in the Software Industry

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

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

Save Embed

;

Save Embed

;

SinoCloud Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

SinoCloud Group's Debt to Equity Ratio for the fiscal year 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
	=	(4.362	+	9.693)	/	5.202
	=	2.70

SinoCloud Group'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
	=	(4.522	+	8.463)	/	4.726
	=	2.75

SinoCloud Group (SGX:LYY) 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.

SinoCloud Group Debt-to-Equity Related Terms

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

SinoCloud Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » SinoCloud Group Ltd (SGX:LYY) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jinyang Technology Industrial Zone, Room B294, Venture Building, Hi-Tech Industrial Developement Area, Guizhou, Guiyang, CHN

Website

https://www.sinocloudgroup.com

SinoCloud Group Ltd is an investment holding company which provides Internet data centre management services in the People's Republic of China. The company operates through one segment: Internet Data Centre Services which is engaged in the Provision of a high-performance internet data centre, cloud computing, and data services in China & Other business operations include investment holding and are categorised as All other segments. The majority of revenue is derived from Internet data centre services. It operates in two geographic areas: Hong Kong and the People's Republic of China, the majority of revenue is derived from the People's Republic of China.

SinoCloud Group Headlines

No Headlines