Newborn Town (HKSE:09911) Debt-to-Equity : 0.10 (As of Dec. 2023)

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What is Newborn Town Debt-to-Equity?

Newborn Town's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$36 Mil. Newborn Town's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$83 Mil. Newborn Town's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$1,226 Mil. Newborn Town's debt to equity for the quarter that ended in Dec. 2023 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 Newborn Town's Debt-to-Equity or its related term are showing as below:

HKSE:09911' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.01 Max: 0.16
Current: 0.1

During the past 8 years, the highest Debt-to-Equity Ratio of Newborn Town was 0.16. The lowest was 0.01. And the median was 0.01.

HKSE:09911's Debt-to-Equity is ranked better than
64.71% of 2219 companies
in the Software industry
Industry Median: 0.21 vs HKSE:09911: 0.10

Newborn Town Debt-to-Equity Historical Data

The historical data trend for Newborn Town'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.

Newborn Town Debt-to-Equity Chart

Newborn Town Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.01

0.02

0.16

0.10

Newborn Town Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial									0.02	0.01	0.16	0.11	0.10

Competitive Comparison of Newborn Town's Debt-to-Equity

For the Software - Application subindustry, Newborn Town'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.

Newborn Town's Debt-to-Equity Distribution in the Software Industry

For the Software industry and Technology sector, Newborn Town's Debt-to-Equity distribution charts can be found below:

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

Newborn Town Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Newborn Town'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
	=	(35.903	+	82.517)	/	1226.064
	=	0.10

Newborn Town'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
	=	(35.903	+	82.517)	/	1226.064
	=	0.10

Newborn Town (HKSE:09911) 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.

Newborn Town Debt-to-Equity Related Terms

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

Newborn Town (HKSE:09911) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Newborn Town Inc (HKSE:09911) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Xiaoyun Road 33rd Building, 6th Floor, Tower B, Chaoyang District, Beijing, CHN

Website

https://www.newborntown.com

Newborn Town Inc is a mobile app developer and mobile advertising platform services provider based on AI technologies. The company operates through two segments namely, Social networking business and Innovative business. It generates majority revenue from Social networking business segment.

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