Shenguan Holdings Group (Shenguan Holdings Group) Debt-to-Equity : 0.09 (As of Jun. 2023)

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What is Shenguan Holdings Group Debt-to-Equity?

Shenguan Holdings Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $28.5 Mil. Shenguan Holdings Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $0.2 Mil. Shenguan Holdings Group's Total Stockholders Equity for the quarter that ended in Jun. 2023 was $328.7 Mil. Shenguan Holdings Group's debt to equity for the quarter that ended in Jun. 2023 was 0.09.

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

SHGXY' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03 Med: 0.11 Max: 0.3
Current: 0.12

During the past 13 years, the highest Debt-to-Equity Ratio of Shenguan Holdings Group was 0.30. The lowest was 0.03. And the median was 0.11.

SHGXY's Debt-to-Equity is ranked better than
77.47% of 1638 companies
in the Consumer Packaged Goods industry
Industry Median: 0.405 vs SHGXY: 0.12

Shenguan Holdings Group Debt-to-Equity Historical Data

The historical data trend for Shenguan Holdings 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.

Shenguan Holdings Group Debt-to-Equity Chart

Shenguan Holdings Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.03

0.06

0.16

0.21

0.12

Shenguan Holdings Group 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															0.16	0.21	0.21	0.09	0.12

Competitive Comparison of Shenguan Holdings Group's Debt-to-Equity

For the Packaged Foods subindustry, Shenguan Holdings 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.

Shenguan Holdings Group's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

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

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

Shenguan Holdings Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Shenguan Holdings Group'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
	=	(77.26	+	0.3)	/	362.06
	=	0.21

Shenguan Holdings Group's Debt to Equity Ratio for the quarter that ended in Jun. 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
	=	(28.531	+	0.2)	/	328.742
	=	0.09

Shenguan Holdings Group (OTCPK:SHGXY) 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.

Shenguan Holdings Group Debt-to-Equity Related Terms

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Shenguan Holdings Group (Shenguan Holdings Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Shenguan Holdings Group Ltd (OTCPK:SHGXY) » Definitions » Debt-to-Equity

Traded in Other Exchanges

00829:Hong Kong S2N:Germany

Address

255–257 Gloucester Road, Unit 2902, Sino Plaza, Causeway Bay, Hong Kong, HKG

Website

http://www.shenguan.com.hk

Shenguan Holdings Group Ltd is an investment holding company. It is engaged in the manufacture and sale of edible collagen sausage casing products, pharmaceutical products, food products, skincare and health care products, and bioactive collagen products. The company generates a majority of its revenue from edible collagen sausage casing products. Geographically, the firm generates a majority of its revenue from the People's Republic of China.

Shenguan Holdings Group (Shenguan Holdings Group) Headlines

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