Hengan International Group Co (Hengan International Group Co) Debt-to-Equity : 0.70 (As of Dec. 2023)

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What is Hengan International Group Co Debt-to-Equity?

Hengan International Group Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1,951 Mil. Hengan International Group Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $48 Mil. Hengan International Group Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $2,856 Mil. Hengan International Group Co's debt to equity for the quarter that ended in Dec. 2023 was 0.70.

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 Hengan International Group Co's Debt-to-Equity or its related term are showing as below:

HEGIY' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.7 Med: 1.08 Max: 1.47
Current: 0.7

During the past 13 years, the highest Debt-to-Equity Ratio of Hengan International Group Co was 1.47. The lowest was 0.70. And the median was 1.08.

HEGIY's Debt-to-Equity is ranked worse than
66.52% of 1640 companies
in the Consumer Packaged Goods industry
Industry Median: 0.41 vs HEGIY: 0.70

Hengan International Group Co Debt-to-Equity Historical Data

The historical data trend for Hengan International Group Co'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.

Hengan International Group Co Debt-to-Equity Chart

Hengan International Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

1.21

1.08

0.96

0.87

0.70

Hengan International Group Co Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.96	1.17	0.87	1.19	0.70

Competitive Comparison of Hengan International Group Co's Debt-to-Equity

For the Household & Personal Products subindustry, Hengan International Group Co'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.

Hengan International Group Co's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Hengan International Group Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Hengan International Group Co's Debt-to-Equity falls into.

Hengan International Group Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Hengan International Group Co's Debt to Equity Ratio for the fiscal year 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
	=	(1950.863	+	48.091)	/	2856.48
	=	0.70

Hengan International Group Co'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
	=	(1950.863	+	48.091)	/	2856.48
	=	0.70

Hengan International Group Co (OTCPK:HEGIY) 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.

Hengan International Group Co Debt-to-Equity Related Terms

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Hengan International Group Co (Hengan International Group Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Hengan International Group Co Ltd (OTCPK:HEGIY) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

HEGIF:USA 01044:Hong Kong HGNC:Germany

Address

Hengan Industrial City, Anhai Town, Fujian Province, Jinjiang, CHN, 362261

Website

https://www.hengan.com

Hengan International is a leading personal care product manufacturer in China. Its business comprises tissue paper products (54% of sales), sanitary napkins (27% of sales), disposable diapers (5% of sales), and others.