Debt / Equity is defined as:
Total Debt
(/) Total Common Equity
(=) Debt / Equity
Debt / Equity for Binhai Investment is calculated as follows:
Total Debt [ 3.342 B]
(/) Total Common Equity [ 2.078 B ]
(=) Debt / Equity [ 160.8% ]
The tables below summarizes the trend in Binhai Investment’s Debt / Equity over the last five years:
| Fiscal Year |
Total Debt |
Total Common Equity |
Debt / Equity |
| 2020-12-31 |
2.381 B |
1.59 B |
149.8% |
| 2021-12-31 |
3.182 B |
1.95 B |
163.2% |
| 2022-12-31 |
3.932 B |
1.979 B |
198.7% |
| 2023-12-31 |
3.919 B |
2.038 B |
192.3% |
| 2024-12-31 |
3.342 B |
2.078 B |
160.8% |
The tables below summarizes the trend in Binhai Investment’s Debt / Equity over the last four quarters:
| Fiscal Quarter |
Total Debt |
Total Common Equity |
Debt / Equity |
| 2024-03-31 |
3.919 B |
2.045 B |
191.6% |
| 2024-06-30 |
3.919 B |
2.045 B |
191.6% |
| 2024-09-30 |
3.342 B |
2.078 B |
160.8% |
| 2024-12-31 |
3.342 B |
2.078 B |
160.8% |
The higher the ratio, the more debt the company has in its capital structure.
Read More on HBR: Debt / Equity Ratio
Click the link below to download a spreadsheet with an example Market Cap calculation for Binhai Investment Co Ltd below: