Costar Group Co (SZSE:002189) Debt-to-Equity : 0.66 (As of Mar. 2024)

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What is Costar Group Co Debt-to-Equity?

Costar Group Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥679 Mil. Costar Group Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥32 Mil. Costar Group Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥1,085 Mil. Costar Group Co's debt to equity for the quarter that ended in Mar. 2024 was 0.66.

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 Costar Group Co's Debt-to-Equity or its related term are showing as below:

SZSE:002189' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.13 Med: 0.24 Max: 0.66
Current: 0.66

During the past 13 years, the highest Debt-to-Equity Ratio of Costar Group Co was 0.66. The lowest was 0.13. And the median was 0.24.

SZSE:002189's Debt-to-Equity is ranked worse than
75.59% of 2192 companies
in the Hardware industry
Industry Median: 0.29 vs SZSE:002189: 0.66

Costar Group Co Debt-to-Equity Historical Data

The historical data trend for Costar Group 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.

Costar Group Co Debt-to-Equity Chart

Costar Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.32

0.37

0.34

0.48

0.63

Costar Group 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															0.53	0.42	0.65	0.63	0.66

Competitive Comparison of Costar Group Co's Debt-to-Equity

For the Computer Hardware subindustry, Costar Group 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.

Costar Group Co's Debt-to-Equity Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Costar Group Co's Debt-to-Equity distribution charts can be found below:

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

Costar Group Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Costar Group Co'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
	=	(658.91	+	34.154)	/	1094.994
	=	0.63

Costar Group Co's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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
	=	(678.528	+	32.494)	/	1085.345
	=	0.66

Costar Group Co (SZSE:002189) 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.

Costar Group Co Debt-to-Equity Related Terms

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Costar Group Co (SZSE:002189) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Costar Group Co Ltd (SZSE:002189) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No 254, Zhongzhou road, Henan, Nanyang, CHN

Website

http://www.cccme.org.cn

Costar Group Co Ltd is an optical manufacturer based in China. The company primarily focuses on the developing, manufacturing, sale of an optical component, optical coating product, lens assembly, light engine, optical auxiliary material and optical instrument. Its products are mainly used in a digital projector, large screen projection, digital camera, digital optical disc and high precision optical system. The company's products are exported to Japan, the United States of America, Germany, South Korea, Hong Kong and Taiwan.

Executives

Wang Shi Xian	Executives
Wang Teng Jiao	Independent director
Xiao Lian Feng	Director
Yang Tai Li	Supervisors
Wang Lin	Independent director

Costar Group Co (SZSE:002189) Headlines

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