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Merit Interactive Co (SZSE:300766) Debt-to-Equity : 0.00 (As of Mar. 2024)


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What is Merit Interactive Co Debt-to-Equity?

Merit Interactive Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥1.7 Mil. Merit Interactive Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥1.3 Mil. Merit Interactive Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥1,619.2 Mil. Merit Interactive Co's debt to equity for the quarter that ended in Mar. 2024 was 0.00.

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

During the past 10 years, the highest Debt-to-Equity Ratio of Merit Interactive Co was 0.12. The lowest was 0.00. And the median was 0.08.

SZSE:300766's Debt-to-Equity is not ranked *
in the Telecommunication Services industry.
Industry Median: 0.64
* Ranked among companies with meaningful Debt-to-Equity only.

Merit Interactive Co Debt-to-Equity Historical Data

The historical data trend for Merit Interactive 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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Merit Interactive Co Debt-to-Equity Chart

Merit Interactive 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 - 0.10 0.05 0.12 0.10

Merit Interactive 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 0.12 0.08 0.10 0.10 -

Competitive Comparison of Merit Interactive Co's Debt-to-Equity

For the Telecom Services subindustry, Merit Interactive 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.


Merit Interactive Co's Debt-to-Equity Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Merit Interactive Co's Debt-to-Equity distribution charts can be found below:

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



Merit Interactive Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Merit Interactive 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.


Merit Interactive Co  (SZSE:300766) 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.


Merit Interactive Co Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Merit Interactive Co's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Merit Interactive Co (SZSE:300766) Business Description

Traded in Other Exchanges
N/A
Address
West District, No. 525, Xixi Road, No. 7 Xidoumen Road, Xihu District, Hangzhou, Zhejiang, Building A, Room 418, 14th Floor, Block A, Qiandao Lake Zhigu Building, Xihu District, Zhejiang Province, Hangzhou, CHN, 310012
Merit Interactive Co Ltd is a provider of integrated mobile Internet services based on big data.
Executives
Yin Zu Yong Director
Chen Jin Lai Supervisors
Fang Yi Directors, executives
Dong Lin Supervisors

Merit Interactive Co (SZSE:300766) Headlines

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