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Anhui Huilong Agricultural Means of Production Co (SZSE:002556) Debt-to-Equity : 0.96 (As of Mar. 2024)


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What is Anhui Huilong Agricultural Means of Production Co Debt-to-Equity?

Anhui Huilong Agricultural Means of Production Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥1,547 Mil. Anhui Huilong Agricultural Means of Production Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥2,078 Mil. Anhui Huilong Agricultural Means of Production Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥3,764 Mil. Anhui Huilong Agricultural Means of Production Co's debt to equity for the quarter that ended in Mar. 2024 was 0.96.

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 Anhui Huilong Agricultural Means of Production Co's Debt-to-Equity or its related term are showing as below:

SZSE:002556' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.48   Med: 0.84   Max: 1.17
Current: 0.96

During the past 13 years, the highest Debt-to-Equity Ratio of Anhui Huilong Agricultural Means of Production Co was 1.17. The lowest was 0.48. And the median was 0.84.

SZSE:002556's Debt-to-Equity is ranked worse than
80.82% of 219 companies
in the Agriculture industry
Industry Median: 0.35 vs SZSE:002556: 0.96

Anhui Huilong Agricultural Means of Production Co Debt-to-Equity Historical Data

The historical data trend for Anhui Huilong Agricultural Means of Production 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.

Anhui Huilong Agricultural Means of Production Co Debt-to-Equity Chart

Anhui Huilong Agricultural Means of Production Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.92 0.83 0.69 0.48 0.86

Anhui Huilong Agricultural Means of Production Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 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 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 0.63 0.82 0.82 0.86 0.96

Competitive Comparison of Anhui Huilong Agricultural Means of Production Co's Debt-to-Equity

For the Agricultural Inputs subindustry, Anhui Huilong Agricultural Means of Production 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.


Anhui Huilong Agricultural Means of Production Co's Debt-to-Equity Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Anhui Huilong Agricultural Means of Production Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Anhui Huilong Agricultural Means of Production Co's Debt-to-Equity falls into.



Anhui Huilong Agricultural Means of Production Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Anhui Huilong Agricultural Means of Production Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Anhui Huilong Agricultural Means of Production Co's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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.


Anhui Huilong Agricultural Means of Production Co  (SZSE:002556) 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.


Anhui Huilong Agricultural Means of Production Co Debt-to-Equity Related Terms

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Anhui Huilong Agricultural Means of Production Co (SZSE:002556) Business Description

Traded in Other Exchanges
N/A
Address
1777 Tuen Mun Road, Huilong Building, Anhui, Sheshan District, Hefei, CHN
Anhui Huilong Agricultural Means of Production Co Ltd is a China-based company engaged in the chain operation of fertilizers and pesticides. It distributes fertilizers, including nitrogen and phosphate fertilizers; pesticides, including herbicides and fungicides, as well as agricultural and sideline products, such as seeds and others. The company operates its businesses in domestic and overseas markets.

Anhui Huilong Agricultural Means of Production Co (SZSE:002556) Headlines

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