CNFinance Holdings Ltd (CNF)
0.95
-0.02
(-2.06%)
USD |
NYSE |
Nov 21, 16:00
0.93
-0.02
(-2.11%)
Pre-Market: 20:00
CNFinance Holdings Debt to Equity Ratio: 2.056 for Dec. 31, 2023
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| December 31, 2023 | 2.056 |
| September 30, 2023 | 1.790 |
| June 30, 2023 | 1.716 |
| March 31, 2023 | 1.836 |
| December 31, 2022 | 1.989 |
| September 30, 2022 | 1.957 |
| June 30, 2022 | 1.813 |
| March 31, 2022 | 1.926 |
| December 31, 2021 | 2.106 |
| September 30, 2021 | 2.128 |
| June 30, 2021 | 1.969 |
| March 31, 2021 | 1.746 |
| December 31, 2020 | 1.510 |
| Date | Value |
|---|---|
| September 30, 2020 | 1.460 |
| June 30, 2020 | 1.527 |
| March 31, 2020 | 1.806 |
| December 31, 2019 | 1.849 |
| September 30, 2019 | 1.863 |
| June 30, 2019 | 2.552 |
| March 31, 2019 | 2.957 |
| December 31, 2018 | 3.648 |
| September 30, 2018 | 4.771 |
| June 30, 2018 | 5.386 |
| March 31, 2018 | 5.702 |
| December 31, 2017 | 6.660 |
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
1.460
Minimum
Sep 2020
2.128
Maximum
Sep 2021
1.834
Average
1.836
Median
Mar 2023
Debt to Equity Ratio Benchmarks
| The9 Ltd | -- |
| LexinFintech Holdings Ltd | 0.516 |
| UP Fintech Holding Ltd | 0.2955 |
| Noah Holdings Ltd | 0.00 |
| Pintec Technology Holdings Ltd | 0.00 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 2.309B |
| Total Liabilities (Quarterly) | 1.743B |
| Shareholders Equity (Quarterly) | 565.55M |
| Current Ratio | 3.426 |
| Net Debt Paydown Yield | -12.77% |