Want Want China Holdings (Want Want China Holdings) Debt-to-Equity : 0.55 (As of Sep. 2023)

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What is Want Want China Holdings Debt-to-Equity?

Want Want China Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $826 Mil. Want Want China Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $254 Mil. Want Want China Holdings's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $1,975 Mil. Want Want China Holdings's debt to equity for the quarter that ended in Sep. 2023 was 0.55.

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 Want Want China Holdings's Debt-to-Equity or its related term are showing as below:

WWNTY' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.38 Med: 0.67 Max: 0.81
Current: 0.55

During the past 13 years, the highest Debt-to-Equity Ratio of Want Want China Holdings was 0.81. The lowest was 0.38. And the median was 0.67.

WWNTY's Debt-to-Equity is ranked worse than
58.54% of 1640 companies
in the Consumer Packaged Goods industry
Industry Median: 0.41 vs WWNTY: 0.55

Want Want China Holdings Debt-to-Equity Historical Data

The historical data trend for Want Want China Holdings'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.

Want Want China Holdings Debt-to-Equity Chart

Want Want China Holdings Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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0.62

0.59

0.68

0.43

0.38

Want Want China Holdings Semi-Annual Data
	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial															0.55	0.43	0.46	0.38	0.55

Competitive Comparison of Want Want China Holdings's Debt-to-Equity

For the Packaged Foods subindustry, Want Want China Holdings'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.

Want Want China Holdings's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Want Want China Holdings's Debt-to-Equity distribution charts can be found below:

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

Want Want China Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Want Want China Holdings's Debt to Equity Ratio for the fiscal year that ended in Mar. 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
	=	(495.665	+	318.185)	/	2126.25
	=	0.38

Want Want China Holdings'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
	=	(825.905	+	253.675)	/	1975.265
	=	0.55

Want Want China Holdings (OTCPK:WWNTY) 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.

Want Want China Holdings Debt-to-Equity Related Terms

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Want Want China Holdings (Want Want China Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Want Want China Holdings Ltd (OTCPK:WWNTY) » Definitions » Debt-to-Equity

Traded in Other Exchanges

WWNTF:USA 00151:Hong Kong 4HQ:Germany

Address

No. 18 Sheung Yuet Road, Units 07-08, 7th Floor, FTLife Tower, Kowloon Bay, Kowloon, Hong Kong, HKG

Website

http://www.want-want.com

Want Want is major player in the China packaged food and beverage sector. The company was founded in 1962 in Taiwan and entered the mainland Chinese market in 1989. Its flagship products, such as Hot-Kid milk and Want Want rice crackers, are market leaders in the respective sub-segments. With a primary focus in mainland China, the company also exports to overseas markets. As at March 2021, Want Want China had 422 sales offices, 35 production bases and 81 factories on the Chinese mainland and worked with around 9,000 distributors.