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Sino Grandness Food Industry Group (SGX:T4B) Debt-to-Equity : 0.59 (As of Dec. 2020)


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What is Sino Grandness Food Industry Group Debt-to-Equity?

Sino Grandness Food Industry Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2020 was S$228.1 Mil. Sino Grandness Food Industry Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2020 was S$0.2 Mil. Sino Grandness Food Industry Group's Total Stockholders Equity for the quarter that ended in Dec. 2020 was S$388.4 Mil. Sino Grandness Food Industry Group's debt to equity for the quarter that ended in Dec. 2020 was 0.59.

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 Sino Grandness Food Industry Group's Debt-to-Equity or its related term are showing as below:

SGX:T4B's Debt-to-Equity is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 0.4
* Ranked among companies with meaningful Debt-to-Equity only.

Sino Grandness Food Industry Group Debt-to-Equity Historical Data

The historical data trend for Sino Grandness Food Industry 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.

Sino Grandness Food Industry Group Debt-to-Equity Chart

Sino Grandness Food Industry Group Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.36 0.33 0.33 0.59 0.57

Sino Grandness Food Industry Group Quarterly Data
Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Dec20 Dec21
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.32 0.32 0.33 0.59 0.57

Competitive Comparison of Sino Grandness Food Industry Group's Debt-to-Equity

For the Packaged Foods subindustry, Sino Grandness Food Industry 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.


Sino Grandness Food Industry Group's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Sino Grandness Food Industry Group's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Sino Grandness Food Industry Group's Debt-to-Equity falls into.



Sino Grandness Food Industry Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Sino Grandness Food Industry Group's Debt to Equity Ratio for the fiscal year that ended in Dec. 2021 is calculated as

Sino Grandness Food Industry Group's Debt to Equity Ratio for the quarter that ended in Dec. 2020 is calculated as

* 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.


Sino Grandness Food Industry Group  (SGX:T4B) 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.


Sino Grandness Food Industry Group Debt-to-Equity Related Terms

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Sino Grandness Food Industry Group (SGX:T4B) Business Description

Traded in Other Exchanges
N/A
Address
1 Tangtou Road, Shiyan Street, 7th Floor, Unit 0729, Block 2B, Skyworth Inno Valley, Baoan District, Shenzhen, CHN
Sino Grandness Food Industry Group Ltd is an investment holding company. The company's operating segment includes Canned vegetable and fruits and Fruit beverages. It generates maximum revenue from the Fruit beverages segment. Geographically, it derives a majority of revenue from the People's Republic of China and also has a presence in Europe, North America, South America, and Other Countries. Some of its product includes mandarin orange, litchi, pear, pineapple, yellow peach, Loquat juice, and others.

Sino Grandness Food Industry Group (SGX:T4B) Headlines

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