Qifu Technology Inc (QFIN)
35.21
-0.04
(-0.11%)
USD |
NASDAQ |
Nov 21, 16:00
34.94
-0.27
(-0.77%)
After-Hours: 05:23
Qifu Technology Debt to Equity Ratio: 0.0457 for Sept. 30, 2024
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| September 30, 2024 | 0.0457 |
| June 30, 2024 | 0.0469 |
| March 31, 2024 | 0.031 |
| December 31, 2023 | 0.0364 |
| September 30, 2023 | 0.0359 |
| June 30, 2023 | 0.0125 |
| March 31, 2023 | 0.0076 |
| December 31, 2022 | 0.008 |
| September 30, 2022 | 0.0357 |
| June 30, 2022 | 0.0359 |
| March 31, 2022 | 0.0363 |
| December 31, 2021 | 0.0261 |
| September 30, 2021 | 0.0238 |
| June 30, 2021 | 0.0269 |
| Date | Value |
|---|---|
| March 31, 2021 | 0.0213 |
| December 31, 2020 | 0.0197 |
| September 30, 2020 | 0.0225 |
| June 30, 2020 | 0.0269 |
| March 31, 2020 | 0.0717 |
| December 31, 2019 | 0.0277 |
| September 30, 2019 | 0.2277 |
| June 30, 2019 | 0.2425 |
| March 31, 2019 | 0.00 |
| December 31, 2018 | 0.00 |
| September 30, 2018 | 0.00 |
| June 30, 2018 | 0.00 |
| March 31, 2018 | |
| 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
0.0076
Minimum
Mar 2023
0.0717
Maximum
Mar 2020
0.0299
Average
0.0273
Median
Debt to Equity Ratio Benchmarks
| Lufax Holding Ltd | 0.5592 |
| X Financial | 0.0713 |
| The9 Ltd | -- |
| UP Fintech Holding Ltd | 0.2955 |
| Highest Performances Holdings Inc | 0.0765 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 6.701B |
| Total Liabilities (Quarterly) | 3.435B |
| Shareholders Equity (Quarterly) | 3.257B |
| Current Ratio | 0.724 |
| Net Debt Paydown Yield | -0.49% |