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Yongan Futures Co (SHSE:600927) Debt-to-Equity : 0.12 (As of Mar. 2024)


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What is Yongan Futures Co Debt-to-Equity?

Yongan Futures Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥0 Mil. Yongan Futures Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥1,432 Mil. Yongan Futures Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥12,474 Mil. Yongan Futures Co's debt to equity for the quarter that ended in Mar. 2024 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 Yongan Futures Co's Debt-to-Equity or its related term are showing as below:

SHSE:600927' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03   Med: 0.11   Max: 0.37
Current: 0.12

During the past 11 years, the highest Debt-to-Equity Ratio of Yongan Futures Co was 0.37. The lowest was 0.03. And the median was 0.11.

SHSE:600927's Debt-to-Equity is ranked better than
67.98% of 609 companies
in the Capital Markets industry
Industry Median: 0.38 vs SHSE:600927: 0.12

Yongan Futures Co Debt-to-Equity Historical Data

The historical data trend for Yongan Futures 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.

Yongan Futures Co Debt-to-Equity Chart

Yongan Futures 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 0.08 0.21 0.20 0.11 0.21

Yongan Futures Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 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 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 0.10 0.09 0.15 0.21 0.12

Competitive Comparison of Yongan Futures Co's Debt-to-Equity

For the Capital Markets subindustry, Yongan Futures 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.


Yongan Futures Co's Debt-to-Equity Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Yongan Futures Co's Debt-to-Equity distribution charts can be found below:

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



Yongan Futures Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Yongan Futures Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Yongan Futures 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.


Yongan Futures Co  (SHSE:600927) 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.


Yongan Futures Co Debt-to-Equity Related Terms

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Yongan Futures Co (SHSE:600927) Business Description

Traded in Other Exchanges
N/A
Address
No. 200 Xinye Road, 16-17 Floor, Huafeng International Business Building, 10th Floor, Room 1101, Room 1102, Room 1104, Jianggan District, Zhejiang Province, Hangzhou, CHN, 310016
Yongan Futures Co Ltd is engaged in the commodity futures brokerage, financial futures brokerage, futures investment consulting, asset management, fund sales.

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