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Pony Testing International Group Co (SZSE:300887) Debt-to-Equity : 0.08 (As of Mar. 2024)


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What is Pony Testing International Group Co Debt-to-Equity?

Pony Testing International Group Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥211 Mil. Pony Testing International Group Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥69 Mil. Pony Testing International Group Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥3,359 Mil. Pony Testing International Group Co's debt to equity for the quarter that ended in Mar. 2024 was 0.08.

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 Pony Testing International Group Co's Debt-to-Equity or its related term are showing as below:

SZSE:300887' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.05   Med: 0.08   Max: 0.3
Current: 0.08

During the past 11 years, the highest Debt-to-Equity Ratio of Pony Testing International Group Co was 0.30. The lowest was 0.05. And the median was 0.08.

SZSE:300887's Debt-to-Equity is ranked better than
82.79% of 918 companies
in the Business Services industry
Industry Median: 0.37 vs SZSE:300887: 0.08

Pony Testing International Group Co Debt-to-Equity Historical Data

The historical data trend for Pony Testing International Group 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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Pony Testing International Group Co Debt-to-Equity Chart

Pony Testing International Group Co Annual Data
Trend Dec09 Dec10 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.17 0.05 0.15 0.06 0.08

Pony Testing International Group 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 0.06 0.07 0.07 0.08 0.08

Competitive Comparison of Pony Testing International Group Co's Debt-to-Equity

For the Specialty Business Services subindustry, Pony Testing International Group 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.


Pony Testing International Group Co's Debt-to-Equity Distribution in the Business Services Industry

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

* The bar in red indicates where Pony Testing International Group Co's Debt-to-Equity falls into.



Pony Testing International Group Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Pony Testing International Group Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Pony Testing International Group 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.


Pony Testing International Group Co  (SZSE:300887) 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.


Pony Testing International Group Co Debt-to-Equity Related Terms

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Pony Testing International Group Co (SZSE:300887) Business Description

Traded in Other Exchanges
N/A
Address
No. 66, Jindai Road, 101, 5th Floor, Building 1, Haidian District, Beijing, CHN, 100095
Pony Testing Co Ltd provides inspection, measurement, certification and related technical services.The services are offered in various areas such as medical device inspection, technical consultation of measuring instruments and equipment, environmental monitoring, trade compliance and others.

Pony Testing International Group Co (SZSE:300887) Headlines

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