China Green Agriculture (China Green Agriculture) Debt-to-Equity

: 0.07 (As of Dec. 2023)

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China Green Agriculture's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $8.6 Mil. China Green Agriculture's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.0 Mil. China Green Agriculture's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $122.1 Mil. China Green Agriculture's debt to equity for the quarter that ended in Dec. 2023 was 0.07.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for China Green Agriculture's Debt-to-Equity or its related term are showing as below:

CGA' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.03 Max: 0.09
Current: 0.07

During the past 13 years, the highest Debt-to-Equity Ratio of China Green Agriculture was 0.09. The lowest was 0.01. And the median was 0.03.

CGA's Debt-to-Equity is ranked better than
84.09% of 220 companies
in the Agriculture industry
Industry Median: 0.34 vs CGA: 0.07

China Green Agriculture Debt-to-Equity Historical Data

The historical data trend for China Green Agriculture's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

China Green Agriculture Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Debt-to-Equity

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0.03

0.01

0.03

0.04

0.06

China Green Agriculture Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.06	0.05	0.06	0.05	0.07

Competitive Comparison

For the Agricultural Inputs subindustry, China Green Agriculture's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

China Green Agriculture Debt-to-Equity Distribution

For the Agriculture industry and Basic Materials sector, China Green Agriculture's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where China Green Agriculture's Debt-to-Equity falls into.

China Green Agriculture Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

China Green Agriculture's Debt to Equity Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(6.311	+	0.937)	/	125.368
	=	0.06

China Green Agriculture's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(8.641	+	0)	/	122.083
	=	0.07

China Green Agriculture (NYSE:CGA) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

China Green Agriculture Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of China Green Agriculture's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

China Green Agriculture (China Green Agriculture) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » China Green Agriculture Inc (NYSE:CGA) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

GR0A:Germany

Address

South Taibai Road, 3rd Floor, Borough A, Block A. No. 181, Shaanxi Province, Xi’an, CHN, 710065

Website

http://www.cgagri.com

China Green Agriculture Inc is engaged in the business of fertilizer and agricultural products. It involves the research, development, production, distribution, and sale of humic acid-based compound fertilizer, blended fertilizer, organic compound fertilizer, slow-release fertilizers, concentrated water-soluble fertilizers, and mixed organic-inorganic compound fertilizer and the development, production, and distribution of agricultural products, such as top-grade fruits, vegetables, flowers and colored seedlings in China. The company operates in three segments: Fertilizer products (Jinong), Fertilizer products (Gufeng), and agricultural products (Yuxing). All of its operations are conducted in China.

Executives

Zhibiao Pan	officer: Co-Chief Executive Officer	NO.39, GROUP NO.1 GANGANG VILLAGE, WULIE COUNTY, DONGTAI F4 224200
Caihua Ran	10 percent owner, other: Director's Mother	GROUP NO.4, XIAOHE VILLAGE, TOWNSHIP OF XIAOHE, YOUYANG COUNTY, CHONGQING F4 409800
Xiuzhen Xu	10 percent owner, other: Co-CEO's Mother	NO.39, GROUP NO.1 GANGANG VILLAGEN, LIANYI COUNTY, DONGTAI F4 224200
Jian Huang	director	676-GROUP 4, XIAOHE VILLAGE, TOWNSHIP OF XIAOHE, YOUYANG COUNTY, CHONGQING F4 409800
Xiaolai Li	director	NO. 20 BALUN VILLAGE, QIONGSHAN DISTRICT, HAIKOU F4 571100
Zhang Shiyu	director	1919 MARKET ST., UNIT 812, PHILADELPHIA PA 19103
Shaanxi Baoyu Science & Technology Investment Co	10 percent owner	86 86 GAOXIN ROAD B-1-6F, XI'AN, SHAANXI PROVINCE F4 710075
Daqing Zhu	director	3RD FLOOR, BOROUGH A, BLOCK A. NO. 181,, SOUTH TAIBAI ROAD, XI'AN, SHAANXI F4 710065
Zhuoyu Li	officer: President	3RD FLOOR, BOROUGH A, BLOCK A, NO. 181, SOUTH TAIBAI ROAD, XI'AN, SHAANXI PROVINCE F4 710065
Yiru Shi	director	1217 S CATALINA AVENUE, REDONDO BEACH CA 90277
Ale Fan	director	3RD FLOOR, BOROUGH A, BLOCK A. NO. 181, SOUTH TAIBAI ROAD, XI?AN, SHAANXI PROVINCE F4 PRC 710065
Jianlei Shen	director	3RD FLOOR, BOROUGH A, BLOCK A. NO. 181, SOUTH TAIBAI ROAD, XI?AN, SHAANXI PROVINCE F4 PRC 710065
Ken Ren	officer: Chief Financial Officer	3RD FL, BOROUGH A, BLOCK A, NO. 181 SOUTH TAIBAI ROAD, XI'AN, SHAANXI PROVINCE F4 710065
Yizhao Zhang	director	45 OLD MILLSTONE DRIVE, NIT 6, EAST WINDSOR NJ 08520
Robert B Fields	director	215 EAST 68TH STREET, NEW YORK NY 10021