Beijing In To Digital Technology Stock Co (BJSE:835508) Debt-to-Equity : 0.01 (As of Mar. 2024)

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What is Beijing In To Digital Technology Stock Co Debt-to-Equity?

Beijing In To Digital Technology Stock Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥0.40 Mil. Beijing In To Digital Technology Stock Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥0.82 Mil. Beijing In To Digital Technology Stock Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥208.26 Mil. Beijing In To Digital Technology Stock Co's debt to equity for the quarter that ended in Mar. 2024 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 Beijing In To Digital Technology Stock Co's Debt-to-Equity or its related term are showing as below:

BJSE:835508' 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 11 years, the highest Debt-to-Equity Ratio of Beijing In To Digital Technology Stock Co was 0.04. The lowest was 0.01. And the median was 0.01.

BJSE:835508's Debt-to-Equity is ranked better than
99.96% of 2224 companies
in the Software industry
Industry Median: 0.21 vs BJSE:835508: 0.01

Beijing In To Digital Technology Stock Co Debt-to-Equity Historical Data

The historical data trend for Beijing In To Digital Technology 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.

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Beijing In To Digital Technology Stock Co Debt-to-Equity Chart

Beijing In To Digital Technology Stock Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.02

0.01

Beijing In To Digital Technology Stock 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															0.01	0.01	0.01	0.01	0.01

Competitive Comparison of Beijing In To Digital Technology Stock Co's Debt-to-Equity

For the Software - Application subindustry, Beijing In To Digital Technology 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 In To Digital Technology Stock Co's Debt-to-Equity Distribution in the Software Industry

For the Software industry and Technology sector, Beijing In To Digital Technology Stock Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Beijing In To Digital Technology Stock Co's Debt-to-Equity falls into.

Beijing In To Digital Technology Stock Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Beijing In To Digital Technology Stock Co'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
	=	(0.844	+	0.831)	/	209.667
	=	0.01

Beijing In To Digital Technology Stock Co's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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
	=	(0.404	+	0.816)	/	208.263
	=	0.01

Beijing In To Digital Technology Stock Co (BJSE:835508) 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 In To Digital Technology Stock Co Debt-to-Equity Related Terms

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

Beijing In To Digital Technology Stock Co (BJSE:835508) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Beijing In To Digital Technology Stock Co Ltd (BJSE:835508) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

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Address

Anning North Road, Changping Road, No. 1101, 1st Floor, Lin 831-Inner 1, Haidian District, Beijing, CHN, 100085

Website

http://www.intodigit.com

Beijing In To Digital Technology Stock Co Ltd engages in the design, development, and sales of remote integrated monitoring systems for power substations. The company's main business includes system integration business, technical service and consulting sales of system-supporting equipment, and software development and sales.

Beijing In To Digital Technology Stock Co (BJSE:835508) Headlines

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