Daqo New Energy (Daqo New Energy) Debt-to-Equity : 0.00 (As of Dec. 2023)

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What is Daqo New Energy Debt-to-Equity?

Daqo New Energy's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0 Mil. Daqo New Energy's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0 Mil. Daqo New Energy's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $4,754 Mil. Daqo New Energy's debt to equity for the quarter that ended in Dec. 2023 was 0.00.

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 Daqo New Energy's Debt-to-Equity or its related term are showing as below:

DQ' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.59 Max: 1.38
Current: 0.03

During the past 13 years, the highest Debt-to-Equity Ratio of Daqo New Energy was 1.38. The lowest was 0.00. And the median was 0.59.

DQ's Debt-to-Equity is ranked better than
86.18% of 883 companies
in the Semiconductors industry
Industry Median: 0.26 vs DQ: 0.03

Daqo New Energy Debt-to-Equity Historical Data

The historical data trend for Daqo New Energy'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.

Daqo New Energy Debt-to-Equity Chart

Daqo New Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.67

0.32

Daqo New Energy Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															-	0.03	-	-	-

Competitive Comparison of Daqo New Energy's Debt-to-Equity

For the Semiconductor Equipment & Materials subindustry, Daqo New Energy'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.

Daqo New Energy's Debt-to-Equity Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Daqo New Energy's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Daqo New Energy's Debt-to-Equity falls into.

Daqo New Energy Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Daqo New Energy'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
	=	(0	+	0)	/	4753.522
	=	0.00

Daqo New Energy's Debt to Equity Ratio for the quarter 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
	=	(0	+	0)	/	4753.522
	=	0.00

Daqo New Energy (NYSE:DQ) 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.

Daqo New Energy Debt-to-Equity Related Terms

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Daqo New Energy (Daqo New Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Daqo New Energy Corp (NYSE:DQ) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

DQ:Mexico 5DQ2:Germany

Address

No. 838 Zhangyang Road, Room C,29th Floor, Unit 29, Huadu Mansion, Pudong, Shanghai, CHN, 200122

Website

http://www.dqsolar.com

Daqo New Energy Corp is a polysilicon manufacturer based in China. The company is engaged in the manufacturing and selling of high-purity polysilicon to photovoltaic product manufacturers who processed polysilicon into ingots, cells, and modules for solar power solutions. It offers ready-to-use polysilicon, packaged to meet crucible stacking, pulling, and solidification needs. All of its revenues gets derived from the People's Republic of China.