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Beijing Globalfety Technology Co (SZSE:300523) Debt-to-Equity : 0.55 (As of Mar. 2024)


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What is Beijing Globalfety Technology Co Debt-to-Equity?

Beijing Globalfety Technology Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥786 Mil. Beijing Globalfety Technology Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥11 Mil. Beijing Globalfety Technology Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥1,459 Mil. Beijing Globalfety Technology Co's debt to equity for the quarter that ended in Mar. 2024 was 0.55.

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

SZSE:300523' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02   Med: 0.18   Max: 0.55
Current: 0.55

During the past 13 years, the highest Debt-to-Equity Ratio of Beijing Globalfety Technology Co was 0.55. The lowest was 0.02. And the median was 0.18.

SZSE:300523's Debt-to-Equity is ranked worse than
73.56% of 2216 companies
in the Software industry
Industry Median: 0.21 vs SZSE:300523: 0.55

Beijing Globalfety Technology Co Debt-to-Equity Historical Data

The historical data trend for Beijing Globalfety 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.

Beijing Globalfety Technology Co Debt-to-Equity Chart

Beijing Globalfety 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 0.11 0.17 0.38 0.35 0.46

Beijing Globalfety 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 0.43 0.41 0.47 0.46 0.55

Competitive Comparison of Beijing Globalfety Technology Co's Debt-to-Equity

For the Software - Application subindustry, Beijing Globalfety 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.


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

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

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



Beijing Globalfety Technology Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Beijing Globalfety 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.


Beijing Globalfety Technology Co  (SZSE:300523) 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.


Beijing Globalfety Technology Co Debt-to-Equity Related Terms

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Beijing Globalfety Technology Co (SZSE:300523) Business Description

Traded in Other Exchanges
N/A
Address
Building 1, No.3 Fengxiu Middle Road, Haidian District, Beijing, CHN, 100094
Beijing Global Safety Technology Co Ltd engages in the research, development, manufacture, and sales of public safety and security technologies, software and equipment and emergency management solutions. The company's products include public safety comprehensive emergency equipment, monitoring, and control system, prevention and forewarning system, as well as rescue and command system, among others.
Executives
Yuan Hong Yong Directors, executives
Wu Peng Secretary Dong
Chen Tao Executives

Beijing Globalfety Technology Co (SZSE:300523) Headlines

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