PDD Holdings Inc (PDD)
104.05
-12.44
(-10.68%)
USD |
NASDAQ |
Nov 21, 16:00
104.69
+0.64
(+0.62%)
After-Hours: 19:44
PDD Holdings Debt to Equity Ratio: 0.0207 for June 30, 2024
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| June 30, 2024 | 0.0207 |
| March 31, 2024 | 0.0243 |
| December 31, 2023 | 0.0314 |
| September 30, 2023 | 0.0986 |
| June 30, 2023 | 0.1105 |
| March 31, 2023 | 0.1207 |
| December 31, 2022 | 0.1313 |
| September 30, 2022 | 0.147 |
| June 30, 2022 | 0.1636 |
| March 31, 2022 | 0.1834 |
| December 31, 2021 | 0.1569 |
| September 30, 2021 | 0.1716 |
| June 30, 2021 | 0.1748 |
| March 31, 2021 | 0.1946 |
| Date | Value |
|---|---|
| December 31, 2020 | 0.2709 |
| September 30, 2020 | 0.2914 |
| June 30, 2020 | 0.2823 |
| March 31, 2020 | 0.3475 |
| December 31, 2019 | 0.2477 |
| September 30, 2019 | 0.198 |
| June 30, 2019 | 0.00 |
| March 31, 2019 | 0.00 |
| December 31, 2018 | 0.00 |
| 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
0.0207
Minimum
Jun 2024
0.3475
Maximum
Mar 2020
0.1668
Average
0.1636
Median
Jun 2022
Debt to Equity Ratio Benchmarks
| Amazon.com Inc | 0.2118 |
| JD.com Inc | 0.2779 |
| Alibaba Group Holding Ltd | 0.212 |
| XPeng Inc | 0.4052 |
| Stellantis NV | 0.3643 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 59.54B |
| Total Liabilities (Quarterly) | 24.60B |
| Shareholders Equity (Quarterly) | 34.94B |
| Current Ratio | 2.106 |
| Net Debt Paydown Yield | 0.16% |