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Shanghai Golden Bridge InfoTech Co (SHSE:603918) Debt-to-Equity : 0.01 (As of Mar. 2024)


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What is Shanghai Golden Bridge InfoTech Co Debt-to-Equity?

Shanghai Golden Bridge InfoTech Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥8.2 Mil. Shanghai Golden Bridge InfoTech Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥4.5 Mil. Shanghai Golden Bridge InfoTech Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥1,090.2 Mil. Shanghai Golden Bridge InfoTech 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 Shanghai Golden Bridge InfoTech Co's Debt-to-Equity or its related term are showing as below:

SHSE:603918' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01   Med: 0.07   Max: 0.36
Current: 0.01

During the past 13 years, the highest Debt-to-Equity Ratio of Shanghai Golden Bridge InfoTech Co was 0.36. The lowest was 0.01. And the median was 0.07.

SHSE:603918's Debt-to-Equity is ranked better than
99.95% of 2216 companies
in the Software industry
Industry Median: 0.21 vs SHSE:603918: 0.01

Shanghai Golden Bridge InfoTech Co Debt-to-Equity Historical Data

The historical data trend for Shanghai Golden Bridge InfoTech 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.

Shanghai Golden Bridge InfoTech Co Debt-to-Equity Chart

Shanghai Golden Bridge InfoTech 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 0.17 0.09 0.01 0.01 0.01

Shanghai Golden Bridge InfoTech 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 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 0.01 0.01 0.01 0.01 0.01

Competitive Comparison of Shanghai Golden Bridge InfoTech Co's Debt-to-Equity

For the Information Technology Services subindustry, Shanghai Golden Bridge InfoTech 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.


Shanghai Golden Bridge InfoTech Co's Debt-to-Equity Distribution in the Software Industry

For the Software industry and Technology sector, Shanghai Golden Bridge InfoTech Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Shanghai Golden Bridge InfoTech Co's Debt-to-Equity falls into.



Shanghai Golden Bridge InfoTech Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Shanghai Golden Bridge InfoTech Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Shanghai Golden Bridge InfoTech 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.


Shanghai Golden Bridge InfoTech Co  (SHSE:603918) 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.


Shanghai Golden Bridge InfoTech Co Debt-to-Equity Related Terms

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Shanghai Golden Bridge InfoTech Co (SHSE:603918) Business Description

Traded in Other Exchanges
N/A
Address
Gem park, 487 Tianlin Road, Building 25, 24th Floor, Xuhui District, Shanghai, CHN, 200233
Shanghai Golden Bridge InfoTech Co Ltd is a China-based provider of multimedia information systems industry application solutions and services. The Company's products include multimedia conferencing systems, emergency command centers, science, and technology court system.
Executives
Yang Jia Hua senior management
Wang Feng senior management
Qian Hui Ping senior management
Wang Kun Director
Wang Hao Ying Supervisors
Shou Zou Director
Jin Shi Ping Director
Liu Yang Directors, senior managers
Gao Dong Dong senior management
Yan Zhen Fang Directors, senior managers
Wu Zhi Xiong Director
Zhang Bing Ye Supervisors
Shen Ying Hua Director
Li Zhi Ming senior management
Zhou Zhe Director

Shanghai Golden Bridge InfoTech Co (SHSE:603918) Headlines

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