Guangdong Hallsmart Intelligence Technology (BJSE:870726) Debt-to-Equity : 0.04 (As of Mar. 2024)

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What is Guangdong Hallsmart Intelligence Technology Debt-to-Equity?

Guangdong Hallsmart Intelligence Technology's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥10.2 Mil. Guangdong Hallsmart Intelligence Technology's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥0.0 Mil. Guangdong Hallsmart Intelligence Technology's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥252.6 Mil. Guangdong Hallsmart Intelligence Technology's debt to equity for the quarter that ended in Mar. 2024 was 0.04.

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 Guangdong Hallsmart Intelligence Technology's Debt-to-Equity or its related term are showing as below:

BJSE:870726' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.04 Med: 0.28 Max: 0.75
Current: 0.04

During the past 9 years, the highest Debt-to-Equity Ratio of Guangdong Hallsmart Intelligence Technology was 0.75. The lowest was 0.04. And the median was 0.28.

BJSE:870726's Debt-to-Equity is ranked better than
87.17% of 382 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 0.345 vs BJSE:870726: 0.04

Guangdong Hallsmart Intelligence Technology Debt-to-Equity Historical Data

The historical data trend for Guangdong Hallsmart Intelligence Technology'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.

Guangdong Hallsmart Intelligence Technology Debt-to-Equity Chart

Guangdong Hallsmart Intelligence Technology Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

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0.26

0.27

0.36

0.45

0.17

Guangdong Hallsmart Intelligence Technology Quarterly Data
	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															0.16	0.15	0.04	0.04	0.04

Competitive Comparison of Guangdong Hallsmart Intelligence Technology's Debt-to-Equity

For the Furnishings, Fixtures & Appliances subindustry, Guangdong Hallsmart Intelligence Technology'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.

Guangdong Hallsmart Intelligence Technology's Debt-to-Equity Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Guangdong Hallsmart Intelligence Technology's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Guangdong Hallsmart Intelligence Technology's Debt-to-Equity falls into.

Guangdong Hallsmart Intelligence Technology Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Guangdong Hallsmart Intelligence Technology'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
	=	(20.029	+	0)	/	119.866
	=	0.17

Guangdong Hallsmart Intelligence Technology's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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
	=	(10.158	+	0)	/	252.578
	=	0.04

Guangdong Hallsmart Intelligence Technology (BJSE:870726) 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.

Guangdong Hallsmart Intelligence Technology Debt-to-Equity Related Terms

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Guangdong Hallsmart Intelligence Technology (BJSE:870726) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Guangdong Hallsmart Intelligence Technology Corp Ltd (BJSE:870726) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

West of the intersection of Guangzhan Road, Guandu Town, Potou District, Guangdong Province, Zhanjiang City, CHN, 524051

Website

https://www.hallsmart.com.cn

Guangdong Hallsmart Intelligence Technology Corp Ltd engages in research and development, production, and sales of small household appliances such as rice cookers, slow cookers, pressure cookers, and baking products.

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