Hubei DOTI Micro Technology Co (SZSE:301183) Debt-to-Equity : 0.07 (As of Mar. 2024)

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What is Hubei DOTI Micro Technology Co Debt-to-Equity?

Hubei DOTI Micro Technology Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥36.7 Mil. Hubei DOTI Micro Technology Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥20.1 Mil. Hubei DOTI Micro Technology Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥806.5 Mil. Hubei DOTI Micro Technology Co's debt to equity for the quarter that ended in Mar. 2024 was 0.07.

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 Hubei DOTI Micro Technology Co's Debt-to-Equity or its related term are showing as below:

SZSE:301183' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03 Med: 0.07 Max: 0.29
Current: 0.07

During the past 7 years, the highest Debt-to-Equity Ratio of Hubei DOTI Micro Technology Co was 0.29. The lowest was 0.03. And the median was 0.07.

SZSE:301183's Debt-to-Equity is ranked better than
78.73% of 2191 companies
in the Hardware industry
Industry Median: 0.29 vs SZSE:301183: 0.07

Hubei DOTI Micro Technology Co Debt-to-Equity Historical Data

The historical data trend for Hubei DOTI Micro 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.

Hubei DOTI Micro Technology Co Debt-to-Equity Chart

Hubei DOTI Micro Technology Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.29

0.16

0.15

0.04

0.06

Hubei DOTI Micro Technology Co Quarterly Data
	Dec17	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														0.04	0.03	0.05	0.06	0.07

Competitive Comparison of Hubei DOTI Micro Technology Co's Debt-to-Equity

For the Electronic Components subindustry, Hubei DOTI Micro 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.

Hubei DOTI Micro Technology Co's Debt-to-Equity Distribution in the Hardware Industry

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

* The bar in red indicates where Hubei DOTI Micro Technology Co's Debt-to-Equity falls into.

Hubei DOTI Micro Technology Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Hubei DOTI Micro Technology 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
	=	(24.278	+	20.397)	/	798.635
	=	0.06

Hubei DOTI Micro Technology 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
	=	(36.735	+	20.093)	/	806.503
	=	0.07

Hubei DOTI Micro Technology Co (SZSE:301183) 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.

Hubei DOTI Micro Technology Co Debt-to-Equity Related Terms

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Hubei DOTI Micro Technology Co (SZSE:301183) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Hubei DOTI Micro Technology Co Ltd (SZSE:301183) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

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Address

No. 188, South Section of Changban Road, Yuquan Office, Hubei Province, Dangyang, CHN, 444100

Website

Hubei DOTI Micro Technology Co Ltd is engaged in research and development, production and sales of precision optoelectronic thin film components. The main products are camera filters and optical communication components, which can be widely used in consumer electronic products, vehicle cameras, security monitoring equipment, optical communication signal transmission, data centers and other application terminal fields.

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