Raisecom Technology Co (SHSE:603803) Debt-to-Equity : 0.18 (As of Mar. 2024)

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What is Raisecom Technology Co Debt-to-Equity?

Raisecom Technology Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥257 Mil. Raisecom Technology Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥59 Mil. Raisecom Technology Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥1,767 Mil. Raisecom Technology Co's debt to equity for the quarter that ended in Mar. 2024 was 0.18.

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

SHSE:603803' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.11 Med: 0.22 Max: 0.36
Current: 0.18

During the past 12 years, the highest Debt-to-Equity Ratio of Raisecom Technology Co was 0.36. The lowest was 0.11. And the median was 0.22.

SHSE:603803's Debt-to-Equity is ranked better than
62.32% of 2192 companies
in the Hardware industry
Industry Median: 0.29 vs SHSE:603803: 0.18

Raisecom Technology Co Debt-to-Equity Historical Data

The historical data trend for Raisecom 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.

* Premium members only.

Raisecom Technology Co Debt-to-Equity Chart

Raisecom Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.14

0.23

0.33

0.20

Raisecom 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															0.28	0.23	0.20	0.20	0.18

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

For the Communication Equipment subindustry, Raisecom 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.

Raisecom Technology Co's Debt-to-Equity Distribution in the Hardware Industry

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

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

Raisecom Technology Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Raisecom Technology Co'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
	=	(292.736	+	59.413)	/	1746.1
	=	0.20

Raisecom Technology Co'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
	=	(257.088	+	59.11)	/	1767.439
	=	0.18

Raisecom Technology Co (SHSE:603803) 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.

Raisecom Technology Co Debt-to-Equity Related Terms

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

Raisecom Technology Co (SHSE:603803) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Raisecom Technology Co Ltd (SHSE:603803) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

No. 10, West Wangdong Road, 1st to 5th floor, Building 11, East Building, Haidian District, Beijing, CHN, 100094

Website

http://www.raisecom.com

Raisecom Technology Co Ltd is a Chinese provider of access solutions and network devices. Its product lines consist carrier ethernet, IP MPLS, optical transport network, packet transport network, xPON, SME routers, industrial switch, PCM for SCADA, ethernet over everything, multi-service last mile access and network management system. In addition, the company also offers tailored solutions for access scenarios focusing on service providers, mobile backhaul and front haul, broadband access, mission critical networks, enterprise and government communications services.

Executives

Wang Jian Ming	Director
Zheng Xiang	Director

Raisecom Technology Co (SHSE:603803) Headlines

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