TuanChe Ltd (TC)
0.91
+0.06
(+7.37%)
USD |
NASDAQ |
Nov 21, 16:00
0.97
+0.06
(+6.59%)
After-Hours: 04:44
TuanChe Debt to Equity Ratio: -4.534 for June 30, 2024
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| June 30, 2024 | -4.534 |
| December 31, 2023 | 0.9591 |
| June 30, 2023 | 0.1234 |
| Date | Value |
|---|---|
| December 31, 2022 | 0.0508 |
| June 30, 2022 | 0.0345 |
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
-4.534
Minimum
Jun 2024
0.9591
Maximum
Dec 2023
-0.6731
Average
0.0508
Median
Dec 2022
Debt to Equity Ratio Benchmarks
| Jiayin Group Inc | 0.00 |
| PLDT Inc | 2.423 |
| Sify Technologies Ltd | -- |
| PT Telkom Indonesia (Persero) Tbk | 0.3648 |
| iQIYI Inc | 1.232 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 12.51M |
| Total Liabilities (Quarterly) | 13.30M |
| Shareholders Equity (Quarterly) | -0.786M |
| Current Ratio | 0.4423 |
| Net Debt Paydown Yield | -31.03% |