Tantech Holdings (Tantech Holdings) Debt-to-Equity : 0.10 (As of Jun. 2023)

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What is Tantech Holdings Debt-to-Equity?

Tantech Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $6.96 Mil. Tantech Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $4.55 Mil. Tantech Holdings's Total Stockholders Equity for the quarter that ended in Jun. 2023 was $120.49 Mil. Tantech Holdings's debt to equity for the quarter that ended in Jun. 2023 was 0.10.

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 Tantech Holdings's Debt-to-Equity or its related term are showing as below:

TANH' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.06 Med: 0.1 Max: 0.3
Current: 0.1

During the past 11 years, the highest Debt-to-Equity Ratio of Tantech Holdings was 0.30. The lowest was 0.06. And the median was 0.10.

TANH's Debt-to-Equity is ranked better than
81.16% of 1640 companies
in the Consumer Packaged Goods industry
Industry Median: 0.41 vs TANH: 0.10

Tantech Holdings Debt-to-Equity Historical Data

The historical data trend for Tantech Holdings'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.

Tantech Holdings Debt-to-Equity Chart

Tantech Holdings Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

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0.13

0.09

0.11

0.08

Tantech Holdings Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Debt-to-Equity	Get a 7-Day Free Trial															0.06	0.11	0.08	0.08	0.10

Competitive Comparison of Tantech Holdings's Debt-to-Equity

For the Household & Personal Products subindustry, Tantech Holdings'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.

Tantech Holdings's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Tantech Holdings's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Tantech Holdings's Debt-to-Equity falls into.

Tantech Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Tantech Holdings's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 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
	=	(4.656	+	4.656)	/	118.084
	=	0.08

Tantech Holdings's Debt to Equity Ratio for the quarter that ended in Jun. 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
	=	(6.961	+	4.547)	/	120.487
	=	0.10

Tantech Holdings (NAS:TANH) 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.

Tantech Holdings Debt-to-Equity Related Terms

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Tantech Holdings (Tantech Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Tantech Holdings Ltd (NAS:TANH) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

c/o Tantech Holdings (Lishui) Co., Ltd, No. 10 Cen Shan Road, Shuige Industrial Zone, Zhejiang Province, Lishui, CHN, 323000

Website

http://www.tantech.cn

Tantech Holdings Ltd manufactures bamboo charcoal-based products. The company through its subsidiaries is engaged in the production and distribution of household products along with a trading business which involves the export of charcoal products. It also manufactures electric double-layer capacitors carbon materials and low-emission barbecue charcoal. Its product portfolio includes air purifiers and humidifiers, underfloor humidity control, pillows and mattresses, wardrobe deodorizers, mousepads, and wrist mats, refrigerator deodorant, and charcoal toilet cleaner disks. The company has three reportable segments; the Consumer Product segment, the Electric Vehicle (EV) segment, and the Biodegradable Packaging segment.