FLJ Group (FLJ Group) Debt-to-Equity : -0.07 (As of Sep. 2023)

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What is FLJ Group Debt-to-Equity?

FLJ Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $6.09 Mil. FLJ Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.00 Mil. FLJ Group's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $-88.17 Mil. FLJ Group's debt to equity for the quarter that ended in Sep. 2023 was -0.07.

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 FLJ Group's Debt-to-Equity or its related term are showing as below:

FLJ' s Debt-to-Equity Range Over the Past 10 Years
Min: -1.28 Med: -0.67 Max: -0.01
Current: -0.07

During the past 7 years, the highest Debt-to-Equity Ratio of FLJ Group was -0.01. The lowest was -1.28. And the median was -0.67.

FLJ's Debt-to-Equity is not ranked
in the Real Estate industry.
Industry Median: 0.76 vs FLJ: -0.07

FLJ Group Debt-to-Equity Historical Data

The historical data trend for FLJ Group'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.

FLJ Group Debt-to-Equity Chart

FLJ Group Annual Data

Trend

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Debt-to-Equity

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-0.67

-0.74

-0.44

-0.01

-0.07

FLJ Group Semi-Annual Data
	Sep17	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial							-0.44	-0.40	-0.01	-0.94	-0.07

Competitive Comparison of FLJ Group's Debt-to-Equity

For the Real Estate Services subindustry, FLJ Group'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.

FLJ Group's Debt-to-Equity Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, FLJ Group's Debt-to-Equity distribution charts can be found below:

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

FLJ Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

FLJ Group's Debt to Equity Ratio for the fiscal year that ended in Sep. 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
	=	(6.088	+	0)	/	-88.166
	=	-0.07

FLJ Group's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(6.088	+	0)	/	-88.166
	=	-0.07

FLJ Group (NAS:FLJ) 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.

FLJ Group Debt-to-Equity Related Terms

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FLJ Group (FLJ Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » FLJ Group Ltd (NAS:FLJ) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 18, Gongping Road, 2nd Floor, Building 5, Hongkou District, Shanghai, CHN, 200082

Website

http://www.qk365.com

FLJ Group Ltd is engaged in providing an apartment rental platform in China. The company leases apartments from landlords and transforms these apartments, into standardized furnished rooms to lease to people seeking residence in cities. It cooperates with third parties, including professional home service providers, e-commerce companies, and other service providers to facilitate value-added services for its tenants.