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Ever-Glory International Group (Ever-Glory International Group) Debt-to-Equity

: 0.87 (As of Sep. 2022)
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Ever-Glory International Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2022 was $94.9 Mil. Ever-Glory International Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2022 was $7.5 Mil. Ever-Glory International Group's Total Stockholders Equity for the quarter that ended in Sep. 2022 was $117.2 Mil. Ever-Glory International Group's debt to equity for the quarter that ended in Sep. 2022 was 0.87.

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 Ever-Glory International Group's Debt-to-Equity or its related term are showing as below:

EVKG's Debt-to-Equity is not ranked *
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 0.445
* Ranked among companies with meaningful Debt-to-Equity only.

Ever-Glory International Group Debt-to-Equity Historical Data

The historical data trend for Ever-Glory International Group'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.

Ever-Glory International Group Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Debt-to-Equity
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.36 0.26 0.69 0.80 0.85

Ever-Glory International Group Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Debt-to-Equity 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 Premium Member Only Premium Member Only Premium Member Only 0.90 0.85 0.91 0.82 0.87

Competitive Comparison

For the Apparel Manufacturing subindustry, Ever-Glory International Group'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.


Ever-Glory International Group Debt-to-Equity Distribution

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Ever-Glory International Group's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Ever-Glory International Group's Debt-to-Equity falls into.



Ever-Glory International Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Ever-Glory International Group's Debt to Equity Ratio for the fiscal year that ended in Dec. 2021 is calculated as

Ever-Glory International Group's Debt to Equity Ratio for the quarter that ended in Sep. 2022 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.


Ever-Glory International Group  (OTCPK:EVKG) 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.


Ever-Glory International Group Debt-to-Equity Related Terms

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


Ever-Glory International Group (Ever-Glory International Group) Business Description

Traded in Other Exchanges
N/A
Address
Ever-Glory Commercial Center, 509 Chengxin Road, Jiangning Development Zone, Jiangsu Province, Nanjing, CHN, 211102
Ever-Glory International Group Inc retails branded fashion apparel and operates as an apparel supply chain solution provider. The company offers apparel to a woman under its various brands such as La go go, Velwin, Sea To Sky, and Idole with over 936 retail locations in China. The firm also offers global apparel supply chain solutions aiming at middle-to-high end casual wear, outerwear, and sportswear brands. It manufactures apparel products in the People's Republic of China (PRC). It derives most of its revenues from its business in Mainland China and has operations spread across HK China, UK, Europe, United States and Japan.
Executives
Jianhua Wang director C/O EVER-GLORY INTERNATIONAL GROUP, INC., 509 CHENGXIN ROAD, JIANGNING DEVELOPMENT, NANJING, JIANGSU PROVINCE F4 211102
Huake Kang 10 percent owner ROOM 102, NO. 16-1, WEI ALLEY, XUANWU DISTRICT, NANJING CITY F4 00000
Merry Tang director GZTY CPA GROUP, LLC, 52 BRIDGE STREET, METUCHEN NJ 08840
Gerald Goldberg director
Tchaikovsky Bennet Price Jr director 11601 WILSHIRE BOULEVARD, SUITE 2150, LOS ANGELES CA 90025
Zhixue Zhang director RUI JIN BEI CUN COMMUNITY, BAIXIA DISTRICT, NANJING F4 000000
Changyu Qi director RUI JIN BEI CUN COMMUNITY, BAIXIA DISTRICT, NANJING F4 000000
Ever-glory Enterprises (h.k.) Ltd 10 percent owner NO. 22-503, MEI HUA SHAN ZHUANG, MU XU YUAN STREET, NANJING, JIANGSU PROVINCE F4 000000
Yihua Kang director, 10 percent owner, officer: President, CEO & Secretary EVER-GLORY COMM. CENTER, HUARUI BLDG., NO. 33 YUDAO ST., NANJING F4 210007
Jiajun Sun director, officer: Chief Operating Officer EVER-GLORY COMM. CENTER, HUARUI BLDG., NO. 33 YUDAO ST., NANJING F4 210007
Xiaodong Yan director EVER-GLORY COMM. CENTER, HUARUI BLDG., NO. 33 YUDAO ST., NANJING F4 210007
Ning Li director EVER-GLORY COMM. CENTER, HUARUI BLDG., NO. 33 YUDAO ST., NANJING F4 210007
Ruqin Wei director EVER-GLORY COMM. CENTER, HUARUI BLDG., NO. 33 YUDAO ST., NANJING F4 210007
Yan Guo officer: Chief Financial Officer EVER-GLORY COMM. CENTER, HUARUI BLDG., NO. 33 YUDAO ST., NANJING F4 210007
Lance Richard Larsen officer: President 75 SUNBANK WAY SE, ALBERTA, CALGARY AB A0 0000

Ever-Glory International Group (Ever-Glory International Group) Headlines