Fenbi (HKSE:02469) Debt-to-Equity : 0.09 (As of Dec. 2023)

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What is Fenbi Debt-to-Equity?

Fenbi's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$51 Mil. Fenbi's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$78 Mil. Fenbi's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$1,387 Mil. Fenbi's debt to equity for the quarter that ended in Dec. 2023 was 0.09.

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

HKSE:02469' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.05 Med: -0.02 Max: 0.38
Current: 0.09

During the past 5 years, the highest Debt-to-Equity Ratio of Fenbi was 0.38. The lowest was -0.05. And the median was -0.02.

HKSE:02469's Debt-to-Equity is ranked better than
78.92% of 223 companies
in the Education industry
Industry Median: 0.34 vs HKSE:02469: 0.09

Fenbi Debt-to-Equity Historical Data

The historical data trend for Fenbi'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.

Fenbi Debt-to-Equity Chart

Fenbi Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

0.38

-0.05

-0.02

0.09

Fenbi Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial			-0.05	-0.03	-0.02	0.11	0.09

Competitive Comparison of Fenbi's Debt-to-Equity

For the Education & Training Services subindustry, Fenbi'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.

Fenbi's Debt-to-Equity Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Fenbi's Debt-to-Equity distribution charts can be found below:

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

Fenbi Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Fenbi'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
	=	(50.946	+	78.405)	/	1386.632
	=	0.09

Fenbi'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
	=	(50.946	+	78.405)	/	1386.632
	=	0.09

Fenbi (HKSE:02469) 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.

Fenbi Debt-to-Equity Related Terms

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

Fenbi (HKSE:02469) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Fenbi Ltd (HKSE:02469) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jiuxianqiao North Road, Room 601, 1-6th Floor, Building 103, No. 10 Courtyard, Chaoyang District, Beijing, CHN

Website

https://www.fenbi.com

Fenbi Ltd operates as a non-formal vocational education and training (VET) service provider in China. The company is a career test preparation service provider in China, providing a comprehensive suite of recruitment and qualification examination tutoring courses for adult students pursuing careers in government-sponsored institutions and a number of professions and industries. It helps college graduates excel in the competitive selection process administered by governmental institutions, and help professionals obtain the relevant qualifications.

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