Easy Click Worldwide Network Technology Co (SZSE:301171) Debt-to-Equity : 0.24 (As of Mar. 2024)

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What is Easy Click Worldwide Network Technology Co Debt-to-Equity?

Easy Click Worldwide Network Technology Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥763 Mil. Easy Click Worldwide Network Technology Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥76 Mil. Easy Click Worldwide Network Technology Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥3,452 Mil. Easy Click Worldwide Network Technology Co's debt to equity for the quarter that ended in Mar. 2024 was 0.24.

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 Easy Click Worldwide Network Technology Co's Debt-to-Equity or its related term are showing as below:

SZSE:301171' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.06 Max: 0.33
Current: 0.24

During the past 13 years, the highest Debt-to-Equity Ratio of Easy Click Worldwide Network Technology Co was 0.33. The lowest was 0.00. And the median was 0.06.

SZSE:301171's Debt-to-Equity is ranked better than
54.56% of 845 companies
in the Media - Diversified industry
Industry Median: 0.28 vs SZSE:301171: 0.24

Easy Click Worldwide Network Technology Co Debt-to-Equity Historical Data

The historical data trend for Easy Click Worldwide Network 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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Easy Click Worldwide Network Technology Co Debt-to-Equity Chart

Easy Click Worldwide Network Technology Co Annual Data

Trend

Dec13

Dec14

Dec15

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.07

0.16

0.06

Easy Click Worldwide Network Technology Co Quarterly Data
	Dec17	Dec18	Sep19	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															0.05	0.04	0.04	0.06	0.24

Competitive Comparison of Easy Click Worldwide Network Technology Co's Debt-to-Equity

For the Advertising Agencies subindustry, Easy Click Worldwide Network 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.

Easy Click Worldwide Network Technology Co's Debt-to-Equity Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Easy Click Worldwide Network Technology Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Easy Click Worldwide Network Technology Co's Debt-to-Equity falls into.

Easy Click Worldwide Network Technology Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Easy Click Worldwide Network 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
	=	(113.088	+	88.525)	/	3392.826
	=	0.06

Easy Click Worldwide Network 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
	=	(763.305	+	76.012)	/	3452.475
	=	0.24

Easy Click Worldwide Network Technology Co (SZSE:301171) 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.

Easy Click Worldwide Network Technology Co Debt-to-Equity Related Terms

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Easy Click Worldwide Network Technology Co (SZSE:301171) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Easy Click Worldwide Network Technology Co Ltd (SZSE:301171) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 156, Tiangu Eighth Road, Room 903, Building C3, Phase II, Software New Town R&D Base, High-tech Zone, Shaanxi Province, Xi'an City, CHN, 710077

Website

https://en.yeahmobi.com

Easy Click Worldwide Network Technology Co Ltd is committed as a global intelligent data-driven marketing service profession to provide results-driven services included performance marketing, brand building and industrial solutions integrating. The company's clients is involved in wide range industries of E-commerce, tool applications, information dissemination, games and other pan-entertainment applications.

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