360 Ludashi Holdings (HKSE:03601) Debt-to-Equity : 0.01 (As of Dec. 2023)

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What is 360 Ludashi Holdings Debt-to-Equity?

360 Ludashi Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$1.8 Mil. 360 Ludashi Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$3.2 Mil. 360 Ludashi Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$701.3 Mil. 360 Ludashi Holdings's debt to equity for the quarter that ended in Dec. 2023 was 0.01.

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 360 Ludashi Holdings's Debt-to-Equity or its related term are showing as below:

HKSE:03601' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.01 Max: 0.04
Current: 0.01

During the past 8 years, the highest Debt-to-Equity Ratio of 360 Ludashi Holdings was 0.04. The lowest was 0.01. And the median was 0.01.

HKSE:03601's Debt-to-Equity is ranked better than
99.76% of 419 companies
in the Interactive Media industry
Industry Median: 0.16 vs HKSE:03601: 0.01

360 Ludashi Holdings Debt-to-Equity Historical Data

The historical data trend for 360 Ludashi Holdings'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.

360 Ludashi Holdings Debt-to-Equity Chart

360 Ludashi Holdings Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.01

360 Ludashi Holdings Semi-Annual Data
	Dec16	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial								0.01	0.01	0.01	-	0.01

Competitive Comparison of 360 Ludashi Holdings's Debt-to-Equity

For the Internet Content & Information subindustry, 360 Ludashi Holdings'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.

360 Ludashi Holdings's Debt-to-Equity Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, 360 Ludashi Holdings's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where 360 Ludashi Holdings's Debt-to-Equity falls into.

360 Ludashi Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

360 Ludashi Holdings'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
	=	(1.845	+	3.161)	/	701.342
	=	0.01

360 Ludashi Holdings's Debt to Equity Ratio for the quarter 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
	=	(1.845	+	3.161)	/	701.342
	=	0.01

360 Ludashi Holdings (HKSE:03601) 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.

360 Ludashi Holdings Debt-to-Equity Related Terms

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360 Ludashi Holdings (HKSE:03601) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » 360 Ludashi Holdings Ltd (HKSE:03601) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

1268 Tianfu Avenue, 11th Floor, 11-24 Tianfu Software Site E1, High-tech Zone, Sichuan Province, Chengdu, CHN, 610041

Website

https://www.ludashi.com

360 Ludashi Holdings Ltd is a hardware and system benchmarking and monitoring solutions provider for PC and mobile devices in China. It is principally engaged in the online traffic monetization, electronic devices sales, provision of online advertising services, online game business, sales of smart accessories, certified pre-owned and factory smartphones and certified pre-owned and factory other electronic devices in the PRC. It derives a majority of revenue from online advertising services.

Executives

True Thrive Limited	2101 Beneficial owner
Dashi Technology Holdings Limited	2101 Beneficial owner
Tian Ye	2201 Interest of corporation controlled by you
360 Security Technology Inc.	2201 Interest of corporation controlled by you
Tianjin Qixin Zhicheng Technology Company Limited	2201 Interest of corporation controlled by you
Zhou Hongyi	2201 Interest of corporation controlled by you
Shanghai Dongfangwang Stock Company Limited	2201 Interest of corporation controlled by you
Shanghai Songheng Network Technology Company Limited	2201 Interest of corporation controlled by you
360 Technology Group Co., Ltd.	2201 Interest of corporation controlled by you
True Thrive Limited	2101 Beneficial owner
Hong Kong Songyuan International Limited	2201 Interest of corporation controlled by you
Shanghai Gaoxin Computer System Company Limited	2201 Interest of corporation controlled by you
Songchang International Limited	2101 Beneficial owner

360 Ludashi Holdings (HKSE:03601) Headlines

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