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Canmax Technologies Co (SZSE:300390) Debt-to-Equity : 0.28 (As of Mar. 2025)


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What is Canmax Technologies Co Debt-to-Equity?

Canmax Technologies Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2025 was ¥2,600 Mil. Canmax Technologies Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2025 was ¥626 Mil. Canmax Technologies Co's Total Stockholders Equity for the quarter that ended in Mar. 2025 was ¥11,356 Mil. Canmax Technologies Co's debt to equity for the quarter that ended in Mar. 2025 was 0.28.

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

SZSE:300390' s Debt-to-Equity Range Over the Past 10 Years
Min: 0   Med: 0.11   Max: 0.5
Current: 0.28

During the past 13 years, the highest Debt-to-Equity Ratio of Canmax Technologies Co was 0.50. The lowest was 0.00. And the median was 0.11.

SZSE:300390's Debt-to-Equity is ranked better than
50.51% of 2629 companies
in the Industrial Products industry
Industry Median: 0.28 vs SZSE:300390: 0.28

Canmax Technologies Co Debt-to-Equity Historical Data

The historical data trend for Canmax Technologies 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.

Canmax Technologies Co Debt-to-Equity Chart

Canmax Technologies Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.45 0.32 0.30 0.22 0.16

Canmax Technologies Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Debt-to-Equity Get a 7-Day Free Trial 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 0.27 0.15 0.14 0.16 0.28

Competitive Comparison of Canmax Technologies Co's Debt-to-Equity

For the Pollution & Treatment Controls subindustry, Canmax Technologies 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.


Canmax Technologies Co's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Canmax Technologies Co's Debt-to-Equity distribution charts can be found below:

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


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Canmax Technologies Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Canmax Technologies Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Canmax Technologies Co's Debt to Equity Ratio for the quarter that ended in Mar. 2025 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.


Canmax Technologies Co  (SZSE:300390) 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.


Canmax Technologies Co Debt-to-Equity Related Terms

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


Canmax Technologies Co Business Description

Traded in Other Exchanges
N/A
Address
No. 99, Shuangma Street, Suzhou Industrial Park, Jiangsu Province, Suzhou, CHN, 215121
Canmax Technologies Co Ltd is engaged in Research and development, production and sales of new energy lithium battery materials products, anti-static ultra-clean technology products and medical equipment products.
Executives
Lu Jian Ping Directors, executives
Wang Hang Directors, executives
Pei Jun Executives
Pei Zhen Hua Director
Cheng Nan Supervisors
Feng Zhi Ling Director
Chen Xue Rong Supervisors
Wu Jun Directors, executives

Canmax Technologies Co Headlines

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