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Beijing Caishikou Department Store Co (SHSE:605599) Debt-to-Equity : 0.02 (As of Mar. 2024)


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What is Beijing Caishikou Department Store Co Debt-to-Equity?

Beijing Caishikou Department Store Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥36 Mil. Beijing Caishikou Department Store Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥63 Mil. Beijing Caishikou Department Store Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥4,079 Mil. Beijing Caishikou Department Store Co's debt to equity for the quarter that ended in Mar. 2024 was 0.02.

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 Caishikou Department Store Co's Debt-to-Equity or its related term are showing as below:

SHSE:605599' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01   Med: 0.02   Max: 0.03
Current: 0.02

During the past 7 years, the highest Debt-to-Equity Ratio of Beijing Caishikou Department Store Co was 0.03. The lowest was 0.01. And the median was 0.02.

SHSE:605599's Debt-to-Equity is ranked better than
97% of 999 companies
in the Retail - Cyclical industry
Industry Median: 0.62 vs SHSE:605599: 0.02

Beijing Caishikou Department Store Co Debt-to-Equity Historical Data

The historical data trend for Beijing Caishikou Department Store 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.

Beijing Caishikou Department Store Co Debt-to-Equity Chart

Beijing Caishikou Department Store Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial - 0.02 0.03 0.02 0.02

Beijing Caishikou Department Store Co Quarterly Data
Dec17 Dec18 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 0.01 0.02 0.01 0.02 0.02

Competitive Comparison of Beijing Caishikou Department Store Co's Debt-to-Equity

For the Luxury Goods subindustry, Beijing Caishikou Department Store 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.


Beijing Caishikou Department Store Co's Debt-to-Equity Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Beijing Caishikou Department Store Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Beijing Caishikou Department Store Co's Debt-to-Equity falls into.



Beijing Caishikou Department Store Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Beijing Caishikou Department Store Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Beijing Caishikou Department Store 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.


Beijing Caishikou Department Store Co  (SHSE:605599) 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 Caishikou Department Store Co Debt-to-Equity Related Terms

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Beijing Caishikou Department Store Co (SHSE:605599) Business Description

Traded in Other Exchanges
N/A
Address
No. 306, Guang'anmen Inner Street, Xicheng District, Beijing, CHN, 100053
Beijing Caishikou Department Store Co Ltd is engaged in the raw material procurement, style design, chain sales and brand operation of gold jewelry products.

Beijing Caishikou Department Store Co (SHSE:605599) Headlines

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