Qifu Technology Inc (QFIN)
21.29
-0.18
(-0.84%)
USD |
NASDAQ |
May 17, 16:00
21.29
0.00 (0.00%)
After-Hours: 20:00
Qifu Technology Debt to Equity Ratio: 0.0364 for Dec. 31, 2023
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| December 31, 2023 | 0.0364 |
| September 30, 2023 | 0.0359 |
| June 30, 2023 | 0.0125 |
| March 31, 2023 | 0.0076 |
| December 31, 2022 | 0.008 |
| September 30, 2022 | 0.0357 |
| June 30, 2022 | 0.0359 |
| March 31, 2022 | 0.0363 |
| December 31, 2021 | 0.0261 |
| September 30, 2021 | 0.0238 |
| June 30, 2021 | 0.0269 |
| March 31, 2021 | 0.0213 |
| December 31, 2020 | 0.0197 |
| Date | Value |
|---|---|
| September 30, 2020 | 0.0225 |
| June 30, 2020 | 0.0269 |
| March 31, 2020 | 0.0717 |
| December 31, 2019 | 0.0277 |
| September 30, 2019 | 0.2277 |
| June 30, 2019 | 0.2425 |
| March 31, 2019 | 0.00 |
| December 31, 2018 | 0.00 |
| September 30, 2018 | 0.00 |
| June 30, 2018 | 0.00 |
| March 31, 2018 | |
| December 31, 2017 | 0.00 |
Debt to Equity Ratio Definition
The debt to equity ratio measures the (Long Term Debt + Current Portion of Long Term Debt) / Total Shareholders' Equity. This metric is useful when analyzing the health of a company's balance sheet.
Debt to Equity Ratio Range, Past 5 Years
0.0076
Minimum
Mar 2023
0.2425
Maximum
Jun 2019
0.0497
Average
0.0269
Median
Jun 2020
Debt to Equity Ratio Benchmarks
| LexinFintech Holdings Ltd | 0.5634 |
| UP Fintech Holding Ltd | 0.3208 |
| Fanhua Inc | 0.0793 |
| The9 Ltd | 0.3294 |
| Dunxin Financial Holdings Ltd | 0.6513 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 6.464B |
| Total Liabilities (Quarterly) | 3.359B |
| Shareholders Equity (Quarterly) | 3.095B |
| Current Ratio | 0.7616 |
| Net Debt Paydown Yield | -0.18% |