Fullink Technology Co (SZSE:301067) Debt-to-Equity : 0.19 (As of Sep. 2024)

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What is Fullink Technology Co Debt-to-Equity?

Fullink Technology Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ¥111.7 Mil. Fullink Technology Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ¥50.2 Mil. Fullink Technology Co's Total Stockholders Equity for the quarter that ended in Sep. 2024 was ¥842.6 Mil. Fullink Technology Co's debt to equity for the quarter that ended in Sep. 2024 was 0.19.

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

SZSE:301067' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.06 Med: 0.18 Max: 0.52
Current: 0.19

During the past 7 years, the highest Debt-to-Equity Ratio of Fullink Technology Co was 0.52. The lowest was 0.06. And the median was 0.18.

SZSE:301067's Debt-to-Equity is ranked better than
60.95% of 2182 companies
in the Hardware industry
Industry Median: 0.29 vs SZSE:301067: 0.19

Fullink Technology Co Debt-to-Equity Historical Data

The historical data trend for Fullink 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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Fullink Technology Co Debt-to-Equity Chart

Fullink Technology Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.26

0.40

0.09

0.07

0.16

Fullink Technology Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Debt-to-Equity	Get a 7-Day Free Trial															0.18	0.16	0.21	0.20	0.19

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

For the Computer Hardware subindustry, Fullink 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.

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

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

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

Fullink Technology Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Fullink 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
	=	(73.936	+	57.982)	/	852.24
	=	0.15

Fullink Technology Co's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(111.683	+	50.241)	/	842.648
	=	0.19

Fullink Technology Co (SZSE:301067) 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.

Fullink Technology Co Debt-to-Equity Related Terms

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Fullink Technology Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Fullink Technology Co Ltd (SZSE:301067) » Definitions » Debt-to-Equity

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Traded in Other Exchanges

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Address

West of Honghu East Road, Yanluo Street, Building 101, Building 7, Jiada Industrial Park, Yanchuan Community, Baoan District, Guangdong Province, Shenzhen, CHN, 518105

Website

http://www.hkfullink.com

Fullink Technology Co Ltd is a national high-tech enterprises and global leading AV/IT provider specialized in connectivity solutions such as AV converters, laptop hubs and docking stations, cable converter and others.

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