GreenTree Hospitality Group Ltd (GHG)
2.71
+0.04
(+1.50%)
USD |
NYSE |
Nov 22, 16:00
2.71
0.00 (0.00%)
After-Hours: 20:00
GreenTree Hospitality Group Debt to Equity Ratio: 0.1652 for June 30, 2024
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| June 30, 2024 | 0.1652 |
| March 31, 2024 | 0.1721 |
| December 31, 2023 | 0.1205 |
| September 30, 2023 | 0.0825 |
| June 30, 2023 | 0.3017 |
| March 31, 2023 | |
| December 31, 2022 | 0.2842 |
| September 30, 2022 | |
| December 31, 2021 | 0.3811 |
| September 30, 2021 | 0.1048 |
| June 30, 2021 | 0.1287 |
| March 31, 2021 | 0.1287 |
| December 31, 2020 | 0.0713 |
| Date | Value |
|---|---|
| September 30, 2020 | 0.0295 |
| June 30, 2020 | 0.0358 |
| March 31, 2020 | 0.0377 |
| December 31, 2019 | 0.0322 |
| September 30, 2019 | 0.0315 |
| June 30, 2019 | 0.0338 |
| March 31, 2019 | 0.0376 |
| December 31, 2018 | 0.0363 |
| September 30, 2018 | 0.00 |
| June 30, 2018 | 0.00 |
| March 31, 2018 | 0.00 |
| 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
0.0295
Minimum
Sep 2020
0.3811
Maximum
Dec 2021
0.1384
Average
0.1205
Median
Dec 2023
Debt to Equity Ratio Benchmarks
| China Automotive Systems Inc | 0.437 |
| Trip.com Group Ltd | 0.3287 |
| H World Group Ltd | 0.4399 |
| Kandi Technologies Group Inc | 0.2061 |
| Boqii Holding Ltd | 0.2636 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 704.90M |
| Total Liabilities (Quarterly) | 486.18M |
| Shareholders Equity (Quarterly) | 213.83M |
| Current Ratio | 1.488 |
| Net Debt Paydown Yield | -2.86% |