Shenzhen Rapoo Technology Co (SZSE:002577) Debt-to-Equity : 0.01 (As of Mar. 2024)

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What is Shenzhen Rapoo Technology Co Debt-to-Equity?

Shenzhen Rapoo Technology Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥1.3 Mil. Shenzhen Rapoo Technology Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥11.5 Mil. Shenzhen Rapoo Technology Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥1,167.5 Mil. Shenzhen Rapoo Technology 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 Shenzhen Rapoo Technology Co's Debt-to-Equity or its related term are showing as below:

SZSE:002577' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0 Max: 0.01
Current: 0.01

During the past 13 years, the highest Debt-to-Equity Ratio of Shenzhen Rapoo Technology Co was 0.01. The lowest was 0.00. And the median was 0.00.

SZSE:002577's Debt-to-Equity is ranked better than
99.95% of 2192 companies
in the Hardware industry
Industry Median: 0.29 vs SZSE:002577: 0.01

Shenzhen Rapoo Technology Co Debt-to-Equity Historical Data

The historical data trend for Shenzhen Rapoo Technology 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.

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Shenzhen Rapoo Technology Co Debt-to-Equity Chart

Shenzhen Rapoo Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.01

Shenzhen Rapoo Technology 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															-	-	-	-	0.01

Competitive Comparison of Shenzhen Rapoo Technology Co's Debt-to-Equity

For the Computer Hardware subindustry, Shenzhen Rapoo Technology 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.

Shenzhen Rapoo Technology Co's Debt-to-Equity Distribution in the Hardware Industry

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

* The bar in red indicates where Shenzhen Rapoo Technology Co's Debt-to-Equity falls into.

Shenzhen Rapoo Technology Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Shenzhen Rapoo Technology 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
	=	(1.325	+	1.839)	/	1160.811
	=	0.00

Shenzhen Rapoo Technology 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
	=	(1.289	+	11.479)	/	1167.51
	=	0.01

Shenzhen Rapoo Technology Co (SZSE:002577) 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.

Shenzhen Rapoo Technology Co Debt-to-Equity Related Terms

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Shenzhen Rapoo Technology Co (SZSE:002577) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Shenzhen Rapoo Technology Co Ltd (SZSE:002577) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

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Address

Number 22, Jinxiu East Road, Daxing Industrial Zone, Kengzi Street, Pingshan New District, Guangdong, Shenzhen, CHN, 518122

Website

http://www.rapoo.com

Shenzhen Rapoo Technology Co Ltd is a China-based company engaged in the research and development, manufacture and distribution of computer peripheral equipment. Its products portfolio consists of mice, such as wireless laser mouse, wireless touch mouse, wireless optical mouse, Bluetooth optical mouse, and others; keyboards, such as wireless optical combos, wireless multi-media touchpad keyboards, wireless ultra-slim keyboards and others, as well as other peripheral equipment. The company distributes its products within domestic market and to overseas markets.

Executives

Ceng Hao	Directors, executives
Wang Xing Hai	Executives
Li Zheng	Executives
Wang Xue Mei	Executives
Xie Hai Bo	Directors, executives, securities affairs represen
Yu Xin	Directors, executives

Shenzhen Rapoo Technology Co (SZSE:002577) Headlines

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