Dizal (Jiangsu) Pharmaceutical Co (SHSE:688192) Debt-to-Equity : 0.84 (As of Mar. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Dizal (Jiangsu) Pharmaceutical Co Debt-to-Equity?

Dizal (Jiangsu) Pharmaceutical Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥283.6 Mil. Dizal (Jiangsu) Pharmaceutical Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥299.5 Mil. Dizal (Jiangsu) Pharmaceutical Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥696.6 Mil. Dizal (Jiangsu) Pharmaceutical Co's debt to equity for the quarter that ended in Mar. 2024 was 0.84.

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 Dizal (Jiangsu) Pharmaceutical Co's Debt-to-Equity or its related term are showing as below:

SHSE:688192' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03 Med: 0.05 Max: 0.84
Current: 0.84

During the past 6 years, the highest Debt-to-Equity Ratio of Dizal (Jiangsu) Pharmaceutical Co was 0.84. The lowest was 0.03. And the median was 0.05.

SHSE:688192's Debt-to-Equity is ranked worse than
81.11% of 847 companies
in the Drug Manufacturers industry
Industry Median: 0.3 vs SHSE:688192: 0.84

Dizal (Jiangsu) Pharmaceutical Co Debt-to-Equity Historical Data

The historical data trend for Dizal (Jiangsu) Pharmaceutical Co'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.

Dizal (Jiangsu) Pharmaceutical Co Debt-to-Equity Chart

Dizal (Jiangsu) Pharmaceutical Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.03

0.04

0.05

0.48

Dizal (Jiangsu) Pharmaceutical Co Quarterly Data
	Dec18	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial													0.05	0.12	0.25	0.48	0.84

Competitive Comparison of Dizal (Jiangsu) Pharmaceutical Co's Debt-to-Equity

For the Drug Manufacturers - Specialty & Generic subindustry, Dizal (Jiangsu) Pharmaceutical Co'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.

Dizal (Jiangsu) Pharmaceutical Co's Debt-to-Equity Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Dizal (Jiangsu) Pharmaceutical Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Dizal (Jiangsu) Pharmaceutical Co's Debt-to-Equity falls into.

Dizal (Jiangsu) Pharmaceutical Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Dizal (Jiangsu) Pharmaceutical Co'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
	=	(223.163	+	187.208)	/	848.627
	=	0.48

Dizal (Jiangsu) Pharmaceutical Co'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
	=	(283.607	+	299.542)	/	696.593
	=	0.84

Dizal (Jiangsu) Pharmaceutical Co (SHSE:688192) 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.

Dizal (Jiangsu) Pharmaceutical Co Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Dizal (Jiangsu) Pharmaceutical Co's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Dizal (Jiangsu) Pharmaceutical Co (SHSE:688192) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Dizal (Jiangsu) Pharmaceutical Co Ltd (SHSE:688192) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

Jinghui East Road, Room 4105, Building E (Building 5), Huirong Business Plaza, Xinwu District, Jiangsu Province, Wuxi City, CHN, 201203

Website

http://www.dizalpharma.com

Dizal (Jiangsu) Pharmaceutical Co Ltd is engaged in the research and development, production and sales of innovative drugs.

Executives

Wu Qing Yi	senior management
Lv Hong Bin	senior management
	Directors, senior managers
	Directors, senior managers, core technical personn
	Senior management, core technical personnel
Zheng Li	Core technical personnel
Yang Zhen Fan	Senior management, core technical personnel
	Senior management, core technical personnel
Qiao Wei Jun	Core technical personnel
Chen Kan	Core technical personnel
Chen Su Qin	Senior management, core technical personnel
Zhang Zhi Wei	senior management
	Senior management, core technical personnel
	Senior management, core technical personnel

Dizal (Jiangsu) Pharmaceutical Co (SHSE:688192) Headlines

No Headlines