Lixiang Education Holding Co Ltd (LXEH)
0.424
-0.01
(-2.64%)
USD |
NASDAQ |
May 20, 16:00
0.424
0.00 (0.00%)
After-Hours: 07:46
Lixiang Education Debt to Equity Ratio: 0.4781 for Dec. 31, 2023
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| December 31, 2023 | 0.4781 |
| June 30, 2023 | 0.3192 |
| December 31, 2022 | 0.256 |
| Date | Value |
|---|---|
| June 30, 2022 | 0.7371 |
| December 31, 2021 | 0.6467 |
| June 30, 2021 | 0.1445 |
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
0.1445
Minimum
Jun 2021
0.7371
Maximum
Jun 2022
0.4303
Average
0.3987
Median
Debt to Equity Ratio Benchmarks
| TCTM Kids IT Education Inc | -- |
| Shineco Inc | 0.8323 |
| Jianzhi Education Technology Group Co Ltd | -0.9303 |
| RLX Technology Inc | 0.00 |
| 51 Talk Online Education Group | 0.00 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 61.22M |
| Total Liabilities (Quarterly) | 39.06M |
| Shareholders Equity (Quarterly) | 22.21M |
| Current Ratio | 2.373 |
| Net Debt Paydown Yield | 3.99% |