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Pansoft Co (SZSE:300996) Debt-to-Equity : 0.02 (As of Mar. 2024)


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What is Pansoft Co Debt-to-Equity?

Pansoft Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥12.5 Mil. Pansoft Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥16.9 Mil. Pansoft Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥1,214.2 Mil. Pansoft Co's debt to equity for the quarter that ended in Mar. 2024 was 0.02.

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

SZSE:300996' s Debt-to-Equity Range Over the Past 10 Years
Min: 0   Med: 0.02   Max: 0.04
Current: 0.02

During the past 12 years, the highest Debt-to-Equity Ratio of Pansoft Co was 0.04. The lowest was 0.00. And the median was 0.02.

SZSE:300996's Debt-to-Equity is ranked better than
92.11% of 2205 companies
in the Software industry
Industry Median: 0.2 vs SZSE:300996: 0.02

Pansoft Co Debt-to-Equity Historical Data

The historical data trend for Pansoft 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.

Pansoft Co Debt-to-Equity Chart

Pansoft 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 - 0.04 0.01 0.02 0.03

Pansoft Co Quarterly Data
Dec18 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 0.03 0.03 0.04 0.03 0.02

Competitive Comparison of Pansoft Co's Debt-to-Equity

For the Information Technology Services subindustry, Pansoft 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.


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

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

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



Pansoft Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Pansoft 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.


Pansoft Co  (SZSE:300996) 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.


Pansoft Co Debt-to-Equity Related Terms

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


Pansoft Co (SZSE:300996) Business Description

Traded in Other Exchanges
N/A
Address
No. 1 Shunhua Road, 1st Floor, Building 2, Qilu Software Park, High-tech Zone, Shandong Province, Jinan, CHN, 250101
Pansoft Co Ltd is engaged in providing management information solutions and comprehensive IT services for large group companies. It offers services to petroleum, chemical, construction, real estate, power, mining, equipment manufacturing, banking, insurance, government and other industries.
Executives
Lin Guo Qiang Directors, executives
Zhang Ting Bing Directors, executives
Nie Yu Tao Executives
Zhang Yun Jian Supervisors
Feng Xue Wei Directors, executives
Xiang Hong Wei Executives

Pansoft Co (SZSE:300996) Headlines

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