GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Beijing Competitor Sports Science Technology Joint Stock Co Ltd (BJSE:833429) » Definitions » Debt-to-Equity

Beijing Competitor Sports Science Technology Joint Stock Co (BJSE:833429) Debt-to-Equity : 0.10 (As of Mar. 2024)


View and export this data going back to 2022. Start your Free Trial

What is Beijing Competitor Sports Science Technology Joint Stock Co Debt-to-Equity?

Beijing Competitor Sports Science Technology Joint Stock Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥56.7 Mil. Beijing Competitor Sports Science Technology Joint Stock Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥20.6 Mil. Beijing Competitor Sports Science Technology Joint Stock Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥808.9 Mil. Beijing Competitor Sports Science Technology Joint Stock Co's debt to equity for the quarter that ended in Mar. 2024 was 0.10.

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 Beijing Competitor Sports Science Technology Joint Stock Co's Debt-to-Equity or its related term are showing as below:

BJSE:833429' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.1   Med: 0.22   Max: 0.75
Current: 0.1

During the past 11 years, the highest Debt-to-Equity Ratio of Beijing Competitor Sports Science Technology Joint Stock Co was 0.75. The lowest was 0.10. And the median was 0.22.

BJSE:833429's Debt-to-Equity is ranked better than
80.8% of 1646 companies
in the Consumer Packaged Goods industry
Industry Median: 0.41 vs BJSE:833429: 0.10

Beijing Competitor Sports Science Technology Joint Stock Co Debt-to-Equity Historical Data

The historical data trend for Beijing Competitor Sports Science Technology Joint Stock 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.

Beijing Competitor Sports Science Technology Joint Stock Co Debt-to-Equity Chart

Beijing Competitor Sports Science Technology Joint Stock 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 0.23 0.29 0.22 0.13 0.13

Beijing Competitor Sports Science Technology Joint Stock Co Quarterly Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 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 0.14 0.16 0.16 0.13 0.10

Competitive Comparison of Beijing Competitor Sports Science Technology Joint Stock Co's Debt-to-Equity

For the Packaged Foods subindustry, Beijing Competitor Sports Science Technology Joint Stock 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.


Beijing Competitor Sports Science Technology Joint Stock Co's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Beijing Competitor Sports Science Technology Joint Stock Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Beijing Competitor Sports Science Technology Joint Stock Co's Debt-to-Equity falls into.



Beijing Competitor Sports Science Technology Joint Stock Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Beijing Competitor Sports Science Technology Joint Stock Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Beijing Competitor Sports Science Technology Joint Stock 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.


Beijing Competitor Sports Science Technology Joint Stock Co  (BJSE:833429) 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.


Beijing Competitor Sports Science Technology Joint Stock Co Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Beijing Competitor Sports Science Technology Joint Stock Co's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Beijing Competitor Sports Science Technology Joint Stock Co (BJSE:833429) Business Description

Traded in Other Exchanges
N/A
Address
No. 5 Lixiang Road,, Science and Technology Park, Changping District, Beijing, CHN, 102200
Beijing Competitor Sports Science Technology Joint Stock Co Ltd manufactures sports nutrition foods. It mainly focuses on Sports nutrition, research and development and manufacturing of healthy and nutritious food, digital sports technology service.

Beijing Competitor Sports Science Technology Joint Stock Co (BJSE:833429) Headlines

No Headlines