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Insigma Technology Co (SHSE:600797) Debt-to-Equity : 0.27 (As of Mar. 2024)


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What is Insigma Technology Co Debt-to-Equity?

Insigma Technology Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥149 Mil. Insigma Technology Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥749 Mil. Insigma Technology Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥3,316 Mil. Insigma Technology Co's debt to equity for the quarter that ended in Mar. 2024 was 0.27.

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 Insigma Technology Co's Debt-to-Equity or its related term are showing as below:

SHSE:600797' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.13   Med: 0.25   Max: 1.02
Current: 0.27

During the past 13 years, the highest Debt-to-Equity Ratio of Insigma Technology Co was 1.02. The lowest was 0.13. And the median was 0.25.

SHSE:600797's Debt-to-Equity is ranked worse than
55.92% of 2203 companies
in the Software industry
Industry Median: 0.2 vs SHSE:600797: 0.27

Insigma Technology Co Debt-to-Equity Historical Data

The historical data trend for Insigma Technology Co'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.

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Insigma Technology Co Debt-to-Equity Chart

Insigma Technology Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.14 0.21 0.37 0.29 0.27

Insigma Technology Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.28 0.27 0.27 0.27 0.27

Competitive Comparison of Insigma Technology Co's Debt-to-Equity

For the Information Technology Services subindustry, Insigma Technology Co'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.


Insigma Technology Co's Debt-to-Equity Distribution in the Software Industry

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

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



Insigma Technology Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Insigma Technology Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Insigma Technology Co's Debt to Equity Ratio for the quarter that ended in Mar. 2024 is calculated as

* 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.


Insigma Technology Co  (SHSE:600797) 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.


Insigma Technology Co Debt-to-Equity Related Terms

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


Insigma Technology Co (SHSE:600797) Business Description

Traded in Other Exchanges
N/A
Address
No. 226 Tianmushan Road, 12F, Hangzhou, Zhejiang, CHN, 310007
Insigma Technology Co Ltd provides outsourcing, IT, consulting and training services. Its outsourcing services include Application Software Development and Maintenance, Legacy system reengineering, Cloud development and cloud testing. Its consulting services include Government-Enterprise Transformation Advisory Service, Smart City Top Design and Consulting Services and Business Process Reengineering.
Executives
Zhou Bo senior management
Pan Li Chun Director
Shen Yue Director
Shi Lie Director
Chen Jian Director
Chen Rui Director
Jiang Yi senior management
Dong Dan Qing senior management
Xie Wei senior management
Xu Ke Fei senior management
Wu Ying Yan senior management
Zhao Jian Director
Zhong Ming Bo Director
Yang Xiao Hu senior management
Chen Chun Director

Insigma Technology Co (SHSE:600797) Headlines

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