Boen Group Co (SZSE:001366) Debt-to-Equity : 0.09 (As of Mar. 2024)

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What is Boen Group Co Debt-to-Equity?

Boen Group Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥10 Mil. Boen Group Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥65 Mil. Boen Group Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥857 Mil. Boen Group Co's debt to equity for the quarter that ended in Mar. 2024 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 Boen Group Co's Debt-to-Equity or its related term are showing as below:

SZSE:001366' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.09 Max: 0.56
Current: 0.09

During the past 6 years, the highest Debt-to-Equity Ratio of Boen Group Co was 0.56. The lowest was 0.00. And the median was 0.09.

SZSE:001366's Debt-to-Equity is ranked better than
81.95% of 1645 companies
in the Consumer Packaged Goods industry
Industry Median: 0.41 vs SZSE:001366: 0.09

Boen Group Co Debt-to-Equity Historical Data

The historical data trend for Boen Group 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.

Boen Group Co Debt-to-Equity Chart

Boen Group Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.08

0.14

0.17

0.09

Boen Group Co Quarterly Data
	Dec18	Dec19	Dec20	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial									0.11	0.10	0.09	0.09	0.09

Competitive Comparison of Boen Group Co's Debt-to-Equity

For the Farm Products subindustry, Boen Group 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.

Boen Group Co's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

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

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

Boen Group Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Boen Group 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
	=	(9.949	+	64.909)	/	860.263
	=	0.09

Boen Group 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
	=	(9.851	+	64.909)	/	856.575
	=	0.09

Boen Group Co (SZSE:001366) 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.

Boen Group Co Debt-to-Equity Related Terms

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Boen Group Co (SZSE:001366) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Boen Group Co Ltd (SZSE:001366) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

Middle Section of Yingbin Avenue, Economic and Technological Development Zone, Jiangxi Province, Ganzhou, CHN, 341003

Website

http://www.bo-en.com

Boen Group Co Ltd is engaged in the research and development, production and sales of feed.

Boen Group Co (SZSE:001366) Headlines

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