Inner Mongolia Yili Industrial Group Co (SHSE:600887) Debt-to-Equity : 1.11 (As of Sep. 2023)

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What is Inner Mongolia Yili Industrial Group Co Debt-to-Equity?

Inner Mongolia Yili Industrial Group Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ¥39,000 Mil. Inner Mongolia Yili Industrial Group Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ¥18,655 Mil. Inner Mongolia Yili Industrial Group Co's Total Stockholders Equity for the quarter that ended in Sep. 2023 was ¥52,108 Mil. Inner Mongolia Yili Industrial Group Co's debt to equity for the quarter that ended in Sep. 2023 was 1.11.

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 Inner Mongolia Yili Industrial Group Co's Debt-to-Equity or its related term are showing as below:

SHSE:600887' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.34 Max: 1.11
Current: 1.11

During the past 13 years, the highest Debt-to-Equity Ratio of Inner Mongolia Yili Industrial Group Co was 1.11. The lowest was 0.01. And the median was 0.34.

SHSE:600887's Debt-to-Equity is ranked worse than
80.43% of 1640 companies
in the Consumer Packaged Goods industry
Industry Median: 0.41 vs SHSE:600887: 1.11

Inner Mongolia Yili Industrial Group Co Debt-to-Equity Historical Data

The historical data trend for Inner Mongolia Yili Industrial Group 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.

Inner Mongolia Yili Industrial Group Co Debt-to-Equity Chart

Inner Mongolia Yili Industrial Group Co Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

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0.06

0.26

0.43

0.47

0.81

Inner Mongolia Yili Industrial Group Co Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial															0.89	0.81	1.09	1.08	1.11

Competitive Comparison of Inner Mongolia Yili Industrial Group Co's Debt-to-Equity

For the Packaged Foods subindustry, Inner Mongolia Yili Industrial Group 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.

Inner Mongolia Yili Industrial Group Co's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Inner Mongolia Yili Industrial Group Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Inner Mongolia Yili Industrial Group Co's Debt-to-Equity falls into.

Inner Mongolia Yili Industrial Group Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Inner Mongolia Yili Industrial Group Co'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
	=	(27782.151	+	13104.487)	/	50267.884
	=	0.81

Inner Mongolia Yili Industrial Group Co's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(38999.843	+	18654.578)	/	52107.935
	=	1.11

Inner Mongolia Yili Industrial Group Co (SHSE:600887) 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.

Inner Mongolia Yili Industrial Group Co Debt-to-Equity Related Terms

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Inner Mongolia Yili Industrial Group Co (SHSE:600887) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Inner Mongolia Yili Industrial Group Co Ltd (SHSE:600887) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1 Jinshan Street, Jinshan Development Zone, Huhehaote, Inner Mongolia, CHN, 010110

Website

http://www.yili.com

Inner Mongolia Yili Industrial Group is the largest dairy products producer in China, with the majority of revenue (70%) coming from the liquid milk segment. The company also manufactures ice cream, milk powder and beverages. Some flagship lineups include Satine, Yili Pure Milk, Ambrosial and Changqing. The company also expands its overseas presence through setting up R&D centers and acquiring foreign dairy brands such as Westland in New Zealand and Chomthana in Thailand.

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