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Founder Securities Co (SHSE:601901) Debt-to-Equity : 1.35 (As of Mar. 2024)


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What is Founder Securities Co Debt-to-Equity?

Founder Securities Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥0 Mil. Founder Securities Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥62,334 Mil. Founder Securities Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥46,194 Mil. Founder Securities Co's debt to equity for the quarter that ended in Mar. 2024 was 1.35.

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

SHSE:601901' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.21   Med: 0.83   Max: 1.35
Current: 1.35

During the past 13 years, the highest Debt-to-Equity Ratio of Founder Securities Co was 1.35. The lowest was 0.21. And the median was 0.83.

SHSE:601901's Debt-to-Equity is ranked worse than
79.41% of 607 companies
in the Capital Markets industry
Industry Median: 0.37 vs SHSE:601901: 1.35

Founder Securities Co Debt-to-Equity Historical Data

The historical data trend for Founder Securities 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.

Founder Securities Co Debt-to-Equity Chart

Founder Securities 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 0.72 0.59 0.62 0.64 1.31

Founder Securities Co Quarterly Data
Jun19 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 0.69 0.82 0.87 1.31 1.35

Competitive Comparison of Founder Securities Co's Debt-to-Equity

For the Capital Markets subindustry, Founder Securities 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.


Founder Securities Co's Debt-to-Equity Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Founder Securities Co's Debt-to-Equity distribution charts can be found below:

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



Founder Securities Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Founder Securities 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.


Founder Securities Co  (SHSE:601901) 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.


Founder Securities Co Debt-to-Equity Related Terms

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


Founder Securities Co (SHSE:601901) Business Description

Traded in Other Exchanges
N/A
Address
2, Xiangjiang Middle Road, 3701-3717, Building 4, 5, Huayuanhua Center, No. 36, Section 2, Tianxin District, Hunan, Changsha, CHN, 410002
Founder Securities Co Ltd is a comprehensive securities company with a full broker license. Its business includes brokerage, investment banking, consulting, QFII business, securities underwriting and sponsorship and fund and asset management.

Founder Securities Co (SHSE:601901) Headlines

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