Beijing UBOX Online Technology (HKSE:02429) Debt-to-Equity : 0.11 (As of Dec. 2023)

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What is Beijing UBOX Online Technology Debt-to-Equity?

Beijing UBOX Online Technology's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$105 Mil. Beijing UBOX Online Technology's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$12 Mil. Beijing UBOX Online Technology's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$1,037 Mil. Beijing UBOX Online Technology's debt to equity for the quarter that ended in Dec. 2023 was 0.11.

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 UBOX Online Technology's Debt-to-Equity or its related term are showing as below:

HKSE:02429' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.11 Med: 0.14 Max: 0.23
Current: 0.11

During the past 5 years, the highest Debt-to-Equity Ratio of Beijing UBOX Online Technology was 0.23. The lowest was 0.11. And the median was 0.14.

HKSE:02429's Debt-to-Equity is ranked better than
73.17% of 2624 companies
in the Industrial Products industry
Industry Median: 0.29 vs HKSE:02429: 0.11

Beijing UBOX Online Technology Debt-to-Equity Historical Data

The historical data trend for Beijing UBOX Online Technology'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 UBOX Online Technology Debt-to-Equity Chart

Beijing UBOX Online Technology Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

0.17

0.23

0.14

0.13

0.11

Beijing UBOX Online Technology Semi-Annual Data
	Dec19	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial			0.14	N/A	0.13	0.15	0.11

Competitive Comparison of Beijing UBOX Online Technology's Debt-to-Equity

For the Business Equipment & Supplies subindustry, Beijing UBOX Online Technology'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 UBOX Online Technology's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Beijing UBOX Online Technology's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Beijing UBOX Online Technology's Debt-to-Equity falls into.

Beijing UBOX Online Technology Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Beijing UBOX Online Technology'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
	=	(105.429	+	12.243)	/	1037.134
	=	0.11

Beijing UBOX Online Technology'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
	=	(105.429	+	12.243)	/	1037.134
	=	0.11

Beijing UBOX Online Technology (HKSE:02429) 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 UBOX Online Technology Debt-to-Equity Related Terms

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Beijing UBOX Online Technology (HKSE:02429) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Beijing UBOX Online Technology Corp (HKSE:02429) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

West Second Shenyun Road, 4th Floor, Tower A, Tagen Knowledge & Innovation Center, Nanshan, Shenzhen, CHN

Website

https://www.uboxol.com

Beijing UBOX Online Technology Corp is a vending machine operator in mainland China. It has rapidly established an extensive point-of-sale, or POS, network covering a wide range of consumption scenarios, including schools, factories, office premises, public venues, transportation hubs and restaurants. Through its expansive POS network, it is able to provide services to a variety of participants along the unmanned retail industry value chain. The company operates in five business segments; Unmanned retail business, Advertising and system support services, Merchandise wholesale, Vending machine sales and leases, and Others.

Beijing UBOX Online Technology (HKSE:02429) Headlines

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