Yihai International Holdings (HKSE:01579) Debt-to-Equity : 0.02 (As of Dec. 2023)

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What is Yihai International Holdings Debt-to-Equity?

Yihai International Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$35 Mil. Yihai International Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$59 Mil. Yihai International Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$5,270 Mil. Yihai International Holdings's debt to equity for the quarter that ended in Dec. 2023 was 0.02.

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

HKSE:01579' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02 Med: 0.02 Max: 0.04
Current: 0.02

During the past 11 years, the highest Debt-to-Equity Ratio of Yihai International Holdings was 0.04. The lowest was 0.02. And the median was 0.02.

HKSE:01579's Debt-to-Equity is ranked better than
95.48% of 1638 companies
in the Consumer Packaged Goods industry
Industry Median: 0.41 vs HKSE:01579: 0.02

Yihai International Holdings Debt-to-Equity Historical Data

The historical data trend for Yihai International 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.

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Yihai International Holdings Debt-to-Equity Chart

Yihai International Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.02

0.04

0.03

0.02

Yihai International Holdings Semi-Annual Data
	Dec13	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															0.04	0.03	0.03	0.03	0.02

Competitive Comparison of Yihai International Holdings's Debt-to-Equity

For the Packaged Foods subindustry, Yihai International 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.

Yihai International Holdings's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

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

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

Yihai International Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Yihai International Holdings'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
	=	(34.993	+	59.356)	/	5269.749
	=	0.02

Yihai International Holdings'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
	=	(34.993	+	59.356)	/	5269.749
	=	0.02

Yihai International Holdings (HKSE:01579) 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.

Yihai International Holdings Debt-to-Equity Related Terms

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Yihai International Holdings (HKSE:01579) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Yihai International Holdings Ltd (HKSE:01579) » Definitions » Debt-to-Equity

Traded in Other Exchanges

YNNHF:USA YIR:Germany

Address

No. 2500 Zhenbei Road, Room 1810, Putuo District, Shanghai, CHN, 200062

Website

http://www.yihchina.com

Yihai International Holdings Ltd is a compound condiment manufacturer in China. The product portfolio of the company includes Hotpot soup flavoring, Hotpot dipping sauce products, Chinese-style compound condiment products, Self-serving small hotpot products, and others. It generates a majority of its revenue from Hotpot soup flavoring products. It also provides other products such as Thirteen Kinds of Spices Crayfish Seasoner, Minced Garlic Crayfish Seasoner, Spicy Boiled Fish Seasoner, and others. Geographically, the company generates a majority of its revenue from the People's Republic of China.

Yihai International Holdings (HKSE:01579) Headlines

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