Debt to Equity Ratio Analysis of Yirendai Ltd - Deep Dive
Latest FY Debt to Equity
Period Ending - Dec-23
Excellent Debt to Equity
0.0018
Period Ending - Dec-22
Excellent Debt to Equity
0.184
Growth
-99.03 %
Most recent Quarter Debt to Equity
Period Ending - Mar-24
Excellent Debt to Equity
0.0018
Debt to Equity Analysis of Yirendai Ltd
Debt to Equity Ratio 0.0018 of Yirendai Ltd indicates to run a business company uses lower amount of long-term debt. |
Debt to Equity Ratio of YRD drastically fell by -99.03 % this year. |
Debt to Equity Ratio with value of 0.230 was highest in Year Dec-20 in last Five Years. |
Debt to Equity Ratio of YRD trending down for at least three Years. |
Latest Debt to Equity Ratio with value of 0.0018 is lower than Average Debt to Equity of 0.127 in last five years. |
Other Debt to Equity Related Info of YRD that may interest you.
Yirendai Ltd Overview
Code | Price | Previous Price | Price Change | Sector |
---|---|---|---|---|
YRD | 4.84 | 4.87 | 0.616 % | Credit Services |
Defination of Debt to Equity Ratio
Debt to Equity Ratio shows the relationship between the company's total debt and total shareholders fund. And it indicates the ability of a company's shareholders' equity to pay its debt obligations in a tough time. more ..Debt to Equity Related Ratios
ShortTermDebtToEquityRatio | DividendCoverageRatio | CurrentRatio |
Tsr Stability Index
Excellent Stability |
FY - Historical Debt to Equity Ratio of Yirendai Ltd
Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
---|---|---|---|---|---|---|---|
Debt to Equity | 0.0018 | 0.184 | 0.213 | 0.230 | 0.0041 | 0.079 | -0.172 |
Change | -99.03 % | -13.87 % | -7.11 % | 5447.39 % | -94.77 % | 146.01 % | -6.17 % |
FY Chart of Debt to Equity Ratio of Yirendai Ltd
Note : All Data Generated at the End of Trading Hours (EOD Data)