GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Kunshan Asia Aroma Corp Ltd (SZSE:301220) » Definitions » Debt-to-Equity

Kunshan Asia Aroma (SZSE:301220) Debt-to-Equity : 0.13 (As of Mar. 2024)


View and export this data going back to 2022. Start your Free Trial

What is Kunshan Asia Aroma Debt-to-Equity?

Kunshan Asia Aroma's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥168.8 Mil. Kunshan Asia Aroma's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥30.0 Mil. Kunshan Asia Aroma's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥1,569.3 Mil. Kunshan Asia Aroma's debt to equity for the quarter that ended in Mar. 2024 was 0.13.

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 Kunshan Asia Aroma's Debt-to-Equity or its related term are showing as below:

SZSE:301220' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.05   Med: 0.13   Max: 0.34
Current: 0.13

During the past 8 years, the highest Debt-to-Equity Ratio of Kunshan Asia Aroma was 0.34. The lowest was 0.05. And the median was 0.13.

SZSE:301220's Debt-to-Equity is ranked better than
73.71% of 1396 companies
in the Chemicals industry
Industry Median: 0.35 vs SZSE:301220: 0.13

Kunshan Asia Aroma Debt-to-Equity Historical Data

The historical data trend for Kunshan Asia Aroma'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.

Kunshan Asia Aroma Debt-to-Equity Chart

Kunshan Asia Aroma Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial 0.31 0.31 0.28 0.05 0.09

Kunshan Asia Aroma Quarterly Data
Dec18 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 0.05 0.09 0.09 0.09 0.13

Competitive Comparison of Kunshan Asia Aroma's Debt-to-Equity

For the Chemicals subindustry, Kunshan Asia Aroma'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.


Kunshan Asia Aroma's Debt-to-Equity Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Kunshan Asia Aroma's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Kunshan Asia Aroma's Debt-to-Equity falls into.



Kunshan Asia Aroma Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Kunshan Asia Aroma's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Kunshan Asia Aroma'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.


Kunshan Asia Aroma  (SZSE:301220) 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.


Kunshan Asia Aroma Debt-to-Equity Related Terms

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


Kunshan Asia Aroma (SZSE:301220) Business Description

Traded in Other Exchanges
N/A
Address
No. 269 Wenpu Middle Road, Qiandeng Town, Kunshan City, Jiangsu Province, Suzhou, CHN, 215341
Kunshan Asia Aroma Corp Ltd is engaged in the research and development, production and sales of spices.

Kunshan Asia Aroma (SZSE:301220) Headlines

No Headlines