GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Shenzhen Crastal Technology Co Ltd (SZSE:300824) » Definitions » Debt-to-Equity

Shenzhen Crastal Technology Co (SZSE:300824) Debt-to-Equity : 0.17 (As of Sep. 2024)


View and export this data going back to 2020. Start your Free Trial

What is Shenzhen Crastal Technology Co Debt-to-Equity?

Shenzhen Crastal Technology Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ¥63.6 Mil. Shenzhen Crastal Technology Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ¥49.7 Mil. Shenzhen Crastal Technology Co's Total Stockholders Equity for the quarter that ended in Sep. 2024 was ¥677.0 Mil. Shenzhen Crastal Technology Co's debt to equity for the quarter that ended in Sep. 2024 was 0.17.

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 Shenzhen Crastal Technology Co's Debt-to-Equity or its related term are showing as below:

SZSE:300824' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.07   Med: 0.13   Max: 0.28
Current: 0.17

During the past 13 years, the highest Debt-to-Equity Ratio of Shenzhen Crastal Technology Co was 0.28. The lowest was 0.07. And the median was 0.13.

SZSE:300824's Debt-to-Equity is ranked better than
64.06% of 2176 companies
in the Hardware industry
Industry Median: 0.29 vs SZSE:300824: 0.17

Shenzhen Crastal Technology Co Debt-to-Equity Historical Data

The historical data trend for Shenzhen Crastal Technology 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.

Shenzhen Crastal Technology Co Debt-to-Equity Chart

Shenzhen Crastal Technology 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 - 0.09 0.12 0.28 0.15

Shenzhen Crastal Technology Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.24 0.15 0.07 0.14 0.17

Competitive Comparison of Shenzhen Crastal Technology Co's Debt-to-Equity

For the Consumer Electronics subindustry, Shenzhen Crastal Technology 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.


Shenzhen Crastal Technology Co's Debt-to-Equity Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Shenzhen Crastal Technology Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Shenzhen Crastal Technology Co's Debt-to-Equity falls into.



Shenzhen Crastal Technology Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Shenzhen Crastal Technology Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Shenzhen Crastal Technology Co's Debt to Equity Ratio for the quarter that ended in Sep. 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.


Shenzhen Crastal Technology Co  (SZSE:300824) 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.


Shenzhen Crastal Technology Co Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Shenzhen Crastal Technology Co's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Shenzhen Crastal Technology Co Business Description

Traded in Other Exchanges
N/A
Address
No. 3333 Liuxian Avenue, Taoyuan Street, 3801, Block A, Block B, Block C, Tanglang City Plaza (West District), Fuguang Community, Nanshan District, Shenzhen, CHN, 518000
Shenzhen Crastal Technology Co Ltd is engaged in design, production and sales of small kitchen appliances and supporting products and services. The company's products include health pot, electric kettle, water dispenser, and oven.
Executives
Niu Wen Jiao Directors, Directors, and Executives
Chen Hua Jin Supervisors
Fang Zhen Directors, executives
Zhong Xin Director

Shenzhen Crastal Technology Co Headlines

No Headlines