Shenzhen Noposion Crop Science Co (SZSE:002215) Debt-to-Equity : 1.55 (As of Sep. 2023)

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What is Shenzhen Noposion Crop Science Co Debt-to-Equity?

Shenzhen Noposion Crop Science Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ¥4,982 Mil. Shenzhen Noposion Crop Science Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ¥919 Mil. Shenzhen Noposion Crop Science Co's Total Stockholders Equity for the quarter that ended in Sep. 2023 was ¥3,820 Mil. Shenzhen Noposion Crop Science Co's debt to equity for the quarter that ended in Sep. 2023 was 1.54.

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 Shenzhen Noposion Crop Science Co's Debt-to-Equity or its related term are showing as below:

SZSE:002215' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.45 Max: 1.55
Current: 1.55

During the past 13 years, the highest Debt-to-Equity Ratio of Shenzhen Noposion Crop Science Co was 1.55. The lowest was 0.00. And the median was 0.45.

SZSE:002215's Debt-to-Equity is ranked worse than
91.4% of 221 companies
in the Agriculture industry
Industry Median: 0.34 vs SZSE:002215: 1.55

Shenzhen Noposion Crop Science Co Debt-to-Equity Historical Data

The historical data trend for Shenzhen Noposion Crop Science 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.

Shenzhen Noposion Crop Science Co Debt-to-Equity Chart

Shenzhen Noposion Crop Science Co Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

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0.44

0.61

0.55

0.66

0.90

Shenzhen Noposion Crop Science Co Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial															1.12	0.90	1.00	1.30	1.55

Competitive Comparison of Shenzhen Noposion Crop Science Co's Debt-to-Equity

For the Agricultural Inputs subindustry, Shenzhen Noposion Crop Science 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.

Shenzhen Noposion Crop Science Co's Debt-to-Equity Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Shenzhen Noposion Crop Science Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Shenzhen Noposion Crop Science Co's Debt-to-Equity falls into.

Shenzhen Noposion Crop Science Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Shenzhen Noposion Crop Science Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 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
	=	(2744.84	+	556.406)	/	3668.163
	=	0.90

Shenzhen Noposion Crop Science Co's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(4981.987	+	919.164)	/	3819.565
	=	1.54

Shenzhen Noposion Crop Science Co (SZSE:002215) 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.

Shenzhen Noposion Crop Science Co Debt-to-Equity Related Terms

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Shenzhen Noposion Crop Science Co (SZSE:002215) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Shenzhen Noposion Crop Science Co Ltd (SZSE:002215) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 113 Shuiku Road, Xixiang Town, Bao'an District, Guangdong, Shenzhen, CHN, 518102

Website

http://www.noposion.com

Shenzhen Noposion Crop Science Co Ltd, formerly Shenzhen Noposion Agrochemicals Co Ltd is engaged in the research and development, production, sales and agricultural technology services of agricultural biotech products. The company's major products include fungicides, insecticides, herbicides, plant nutrient products and additives, among others.

Shenzhen Noposion Crop Science Co (SZSE:002215) Headlines

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