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Yintai Gold Co (SZSE:000975) Debt-to-Equity

: 0.04 (As of Dec. 2023)
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Yintai Gold Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ¥319 Mil. Yintai Gold Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ¥88 Mil. Yintai Gold Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ¥11,561 Mil. Yintai Gold Co's debt to equity for the quarter that ended in Dec. 2023 was 0.04.

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 Yintai Gold Co's Debt-to-Equity or its related term are showing as below:

SZSE:000975' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03   Med: 0.05   Max: 0.09
Current: 0.04

During the past 13 years, the highest Debt-to-Equity Ratio of Yintai Gold Co was 0.09. The lowest was 0.03. And the median was 0.05.

SZSE:000975's Debt-to-Equity is ranked better than
70.29% of 1306 companies
in the Metals & Mining industry
Industry Median: 0.13 vs SZSE:000975: 0.04

Yintai Gold Co Debt-to-Equity Historical Data

The historical data trend for Yintai Gold 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.

Array ( [0] => - [1] => - [2] => - [3] => - [4] => - [5] => 0.06 [6] => 0.04 [7] => 0.07 [8] => 0.09 [9] => 0.04 )
Yintai Gold Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.06 0.04 0.07 0.09 0.04

Yintai Gold Co 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 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 0.09 0.10 0.07 0.07 0.04

Competitive Comparison

For the Other Precious Metals & Mining subindustry, Yintai Gold 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.


Yintai Gold Co Debt-to-Equity Distribution

For the Metals & Mining industry and Basic Materials sector, Yintai Gold Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Yintai Gold Co's Debt-to-Equity falls into.



Yintai Gold Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Yintai Gold Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Yintai Gold Co's Debt to Equity Ratio for the quarter that ended in Dec. 2023 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.


Yintai Gold Co  (SZSE:000975) 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.


Yintai Gold Co Debt-to-Equity Related Terms

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Yintai Gold Co (SZSE:000975) Business Description

Traded in Other Exchanges
N/A
Address
No. 2, Jianguomenwai Avenue, Room 5103/5104, Block C, Yintai Center, Chaoyang District, Beijing, CHN, 100022
Yintai Gold Co Ltd is engaged in the exploration, mining, and sales of non-ferrous metals and precious metals.

Yintai Gold Co (SZSE:000975) Headlines

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