LexinFintech Holdings Ltd (LX)
3.44
+0.14
(+4.24%)
USD |
NASDAQ |
Nov 22, 11:45
LexinFintech Holdings Debt to Equity Ratio: 0.516 for June 30, 2024
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| June 30, 2024 | 0.516 |
| March 31, 2024 | 0.5366 |
| December 31, 2023 | 0.5634 |
| September 30, 2023 | 0.6802 |
| June 30, 2023 | 0.8928 |
| March 31, 2023 | 1.112 |
| December 31, 2022 | 1.052 |
| September 30, 2022 | 1.133 |
| June 30, 2022 | 1.085 |
| March 31, 2022 | 0.9564 |
| December 31, 2021 | 0.9319 |
| September 30, 2021 | 0.9766 |
| June 30, 2021 | 1.106 |
| March 31, 2021 | 1.360 |
| December 31, 2020 | 1.686 |
| September 30, 2020 | 2.031 |
| Date | Value |
|---|---|
| June 30, 2020 | 2.226 |
| March 31, 2020 | 2.263 |
| December 31, 2019 | 1.247 |
| September 30, 2019 | 1.121 |
| June 30, 2019 | 0.8093 |
| March 31, 2019 | 0.8886 |
| December 31, 2018 | 1.276 |
| September 30, 2018 | 2.547 |
| June 30, 2018 | 4.227 |
| March 31, 2018 | 6.976 |
| December 31, 2017 | 6.383 |
| September 30, 2017 | 10.59 |
| June 30, 2017 | |
| March 31, 2017 | |
| December 31, 2016 | 557.47 |
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
0.516
Minimum
Jun 2024
2.263
Maximum
Mar 2020
1.177
Average
1.085
Median
Jun 2022
Debt to Equity Ratio Benchmarks
| UP Fintech Holding Ltd | 0.2955 |
| Pintec Technology Holdings Ltd | 0.00 |
| CNFinance Holdings Ltd | 2.056 |
| The9 Ltd | -- |
| Qudian Inc | 0.00 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 3.167B |
| Total Liabilities (Quarterly) | 1.779B |
| Shareholders Equity (Quarterly) | 1.388B |
| Current Ratio | 1.774 |
| Net Debt Paydown Yield | 54.53% |