China Starch Holdings (HKSE:03838) Debt-to-Equity : 0.15 (As of Dec. 2023)

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What is China Starch Holdings Debt-to-Equity?

China Starch Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$612 Mil. China Starch Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$0 Mil. China Starch Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$4,005 Mil. China Starch Holdings's debt to equity for the quarter that ended in Dec. 2023 was 0.15.

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

HKSE:03838' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.05 Max: 0.15
Current: 0.15

During the past 13 years, the highest Debt-to-Equity Ratio of China Starch Holdings was 0.15. The lowest was 0.00. And the median was 0.05.

HKSE:03838's Debt-to-Equity is ranked better than
73.48% of 1648 companies
in the Consumer Packaged Goods industry
Industry Median: 0.41 vs HKSE:03838: 0.15

China Starch Holdings Debt-to-Equity Historical Data

The historical data trend for China Starch 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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China Starch Holdings Debt-to-Equity Chart

China Starch Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.05

0.04

0.03

0.08

0.15

China Starch Holdings Semi-Annual Data
	Jun14	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															0.03	0.06	0.08	0.07	0.15

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

For the Packaged Foods subindustry, China Starch 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.

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

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

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

China Starch Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

China Starch 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
	=	(611.822	+	0)	/	4005.231
	=	0.15

China Starch 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
	=	(611.822	+	0)	/	4005.231
	=	0.15

China Starch Holdings (HKSE:03838) 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.

China Starch Holdings Debt-to-Equity Related Terms

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China Starch Holdings (HKSE:03838) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » China Starch Holdings Ltd (HKSE:03838) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

39 Gloucester Road, Harcourt House, Room 1101-1104, 11th Floor, Wanchai, Hong Kong, HKG

Website

http://www.chinastarch.com.hk

China Starch Holdings Ltd is an investment holding company. It is principally engaged in the manufacturing and sale of cornstarch, lysine, starch-based sweetener, modified starch and ancillary corn-based and corn-refined products. The company's segments are Upstream products which is engaged in the manufacture and sale of cornstarch and ancillary corn-refined products and Fermented and downstream products which is engaged in the manufacture and sale of lysine, starch-based sweetener, modified starch, and other products.

China Starch Holdings (HKSE:03838) Headlines

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