Hesai Group (FRA:ZN80) Debt-to-Equity : 0.17 (As of Mar. 2024)

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What is Hesai Group Debt-to-Equity?

Hesai Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €24.1 Mil. Hesai Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €56.5 Mil. Hesai Group's Total Stockholders Equity for the quarter that ended in Mar. 2024 was €485.5 Mil. Hesai Group's debt to equity for the quarter that ended in Mar. 2024 was 0.17.

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

FRA:ZN80' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.02 Med: 0.08 Max: 0.17
Current: 0.17

During the past 5 years, the highest Debt-to-Equity Ratio of Hesai Group was 0.17. The lowest was -0.02. And the median was 0.08.

FRA:ZN80's Debt-to-Equity is ranked better than
75.41% of 1171 companies
in the Vehicles & Parts industry
Industry Median: 0.47 vs FRA:ZN80: 0.17

Hesai Group Debt-to-Equity Historical Data

The historical data trend for Hesai Group'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.

Hesai Group Debt-to-Equity Chart

Hesai Group Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

-0.02

0.15

Hesai Group Quarterly Data
	Dec19	Dec20	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial								0.06	0.08	0.09	0.15	0.17

Competitive Comparison of Hesai Group's Debt-to-Equity

For the Auto Parts subindustry, Hesai Group'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.

Hesai Group's Debt-to-Equity Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Hesai Group's Debt-to-Equity distribution charts can be found below:

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

Hesai Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Hesai Group'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
	=	(19.769	+	52.053)	/	496.029
	=	0.14

Hesai Group'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
	=	(24.058	+	56.467)	/	485.462
	=	0.17

Hesai Group (FRA:ZN80) 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.

Hesai Group Debt-to-Equity Related Terms

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Hesai Group (FRA:ZN80) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Hesai Group (FRA:ZN80) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

HSAI:USA ZN80:Germany

Address

1588 Zhuguang Road, 9th Floor, Building L2-B, Qingpu District, Shanghai, CHN, 201702

Website

https://www.hesaitech.com

Hesai Group is engaged in the development, manufacture, and sales of three dimensional light detection and ranging solutions, or LiDAR. Its LiDAR products enable a broad spectrum of applications across passenger or commercial vehicles with advanced driver assistance systems, or ADAS, autonomous vehicle fleets providing passenger and freight mobility services, or Autonomous Mobility, and other applications such as last-mile delivery robots, street sweeping robots, and logistics robots in restricted areas, or Robotics. The Group organized its operations into two segments: the LiDAR segment and the gas detection segment.

Hesai Group (FRA:ZN80) Headlines

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