China Precision Steel (China Precision Steel) Debt-to-Equity : 16.79 (As of Dec. 2014)

China Precision Steel Debt-to-Equity Chart

China Precision Steel Annual Data
	Trend	Dec04	Dec05	Jun07	Jun08	Jun09	Jun10	Jun11	Jun12	Jun13	Jun14
Debt-to-Equity		Get a 7-Day Free Trial					0.35	0.34	0.37	0.84	3.00

China Precision Steel Quarterly Data
	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14
Debt-to-Equity	Get a 7-Day Free Trial															1.45	4.40	3.00	5.51	16.79

Competitive Comparison of China Precision Steel's Debt-to-Equity

For the Steel subindustry, China Precision Steel'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 Precision Steel's Debt-to-Equity Distribution in the Steel Industry

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

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

China Precision Steel Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

China Precision Steel's Debt to Equity Ratio for the fiscal year that ended in Jun. 2014 is calculated as

China Precision Steel's Debt to Equity Ratio for the quarter that ended in Dec. 2014 is calculated as

* 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.

China Precision Steel  (OTCPK:CPSL) 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 Precision Steel Debt-to-Equity Related Terms

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China Precision Steel (China Precision Steel) Business Description