Fujian Star-Net Communication Co (SZSE:002396) Net Debt Paydown Yield % : 2.90% (As of Jun. 20, 2024)

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What is Fujian Star-Net Communication Co Net Debt Paydown Yield %?

Net Debt Paydown Yield % is a metric that evaluates the total amount of debt a company has paid in relation to its market capitalization. It is a measure of a company's willingness and ability to reduce its debt. As of today, Fujian Star-Net Communication Co's Net Debt Paydown Yield % was 2.90%.

Fujian Star-Net Communication Co Net Debt Paydown Yield % Historical Data

The historical data trend for Fujian Star-Net Communication Co's Net Debt Paydown Yield % 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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Fujian Star-Net Communication Co Net Debt Paydown Yield % Chart

Fujian Star-Net Communication Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Net Debt Paydown Yield %

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0.32

-3.60

-3.18

-5.57

5.73

Fujian Star-Net Communication Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Net Debt Paydown Yield %	Get a 7-Day Free Trial															-2.80	1.74	5.37	5.73	2.40

Competitive Comparison of Fujian Star-Net Communication Co's Net Debt Paydown Yield %

For the Communication Equipment subindustry, Fujian Star-Net Communication Co's Net Debt Paydown Yield %, along with its competitors' market caps and Net Debt Paydown Yield % 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.

Fujian Star-Net Communication Co's Net Debt Paydown Yield % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Fujian Star-Net Communication Co's Net Debt Paydown Yield % distribution charts can be found below:

* The bar in red indicates where Fujian Star-Net Communication Co's Net Debt Paydown Yield % falls into.

Fujian Star-Net Communication Co Net Debt Paydown Yield % Calculation

Fujian Star-Net Communication Co's Net Debt Paydown Yield % for the quarter that ended in Mar. 2024 is calculated as:

	Net Debt Paydown Yield %
=	( TTM Average Debt (1-Year Ago))	-	TTM Average Debt )	/	Market Cap
=	( 1443.3	-	1205.78 )	/	9898.5409
=	2.4 %

* All the data are calculated by TTM values. Note that if a companies is traded in several exchanges, then we calculate the company level data for Net Debt Paydown Yield % using the primary share class stock data. The calculation result in definition page is for demonstration purpose only, and it's showing the share class level data. Therefore, the numbers in the calculation may differ from elsewhere if the stock is not a primary share.

Fujian Star-Net Communication Co (SZSE:002396) Net Debt Paydown Yield % Explanation

Net Debt Paydown Yield % is the change in average of four quarters of company's total debt over a company's market cap. Assuming the total value of a company remains that same, shareholder value is increased as debt is reduced. In other words, it is a measure of the willingness and ability of a firm's management to pay down debt. Companies that have high debt paydown yields indicate that they are more aggressive with paying down debt.

In the calculation of Net Debt Paydown Yield %, we use the reductions of TTM average total debt one-year-ago and TTM average total debt at present, divided by its Market Cap.

We calculating the TTM average debt by adding up the total debt, calculated by the sum of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation, in the trailing twelve months(TTM) divided by the counts of the total debt, accoring to the company's report frequency.

Fujian Star-Net Communication Co Net Debt Paydown Yield % Related Terms

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Fujian Star-Net Communication Co (SZSE:002396) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Fujian Star-Net Communication Co Ltd (SZSE:002396) » Definitions » Net Debt Paydown Yield %

Traded in Other Exchanges

N/A

Address

No. 618 Jinshan Avenue, Building 19-22, Ruijie Science and Technology Park, Juyuanzhou Star Network, Cangshan District, Fujian, Fuzhou City, CHN, 350002

Website

http://www.star-net.cn

Fujian Star-Net Communication Co Ltd is a China-based company operates in the terminals and video application systems. It serves in the fields of network communication, switches, cloud computing, payment terminals, desktop clouds, wireless and broadband access, and video information applications. The company serves approximately 100 countries worldwide. Its product portfolio includes smart network, smart cloud, and smart finance.

Executives

Liu Zhong Dong	Executives

Zheng Hong	Executives
Tian Zhong Min	Supervisors
Huang Song En	Director
Wei Shu Song	Director
Huang Yi Hao	Director

Fujian Star-Net Communication Co (SZSE:002396) Headlines

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