Meiwu Technology Co (Meiwu Technology Co) Debt-to-Equity : 0.02 (As of Jun. 2023)

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What is Meiwu Technology Co Debt-to-Equity?

Meiwu Technology Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $0.39 Mil. Meiwu Technology Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $0.19 Mil. Meiwu Technology Co's Total Stockholders Equity for the quarter that ended in Jun. 2023 was $25.01 Mil. Meiwu Technology Co's debt to equity for the quarter that ended in Jun. 2023 was 0.02.

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

WNW' s Debt-to-Equity Range Over the Past 10 Years
Min: -1.47 Med: 0.05 Max: 0.38
Current: 0.02

During the past 5 years, the highest Debt-to-Equity Ratio of Meiwu Technology Co was 0.38. The lowest was -1.47. And the median was 0.05.

WNW's Debt-to-Equity is ranked better than
96.5% of 1001 companies
in the Retail - Cyclical industry
Industry Median: 0.64 vs WNW: 0.02

Meiwu Technology Co Debt-to-Equity Historical Data

The historical data trend for Meiwu Technology 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.

Meiwu Technology Co Debt-to-Equity Chart

Meiwu Technology Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

-1.47

-0.60

0.17

0.11

0.38

Meiwu Technology Co Semi-Annual Data
	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Debt-to-Equity	Get a 7-Day Free Trial					0.05	0.11	0.23	0.38	0.02

Competitive Comparison of Meiwu Technology Co's Debt-to-Equity

For the Internet Retail subindustry, Meiwu Technology 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.

Meiwu Technology Co's Debt-to-Equity Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Meiwu Technology Co's Debt-to-Equity distribution charts can be found below:

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

Meiwu Technology Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Meiwu Technology 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
	=	(0.44	+	7.251)	/	20.208
	=	0.38

Meiwu Technology Co'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
	=	(0.388	+	0.194)	/	25.005
	=	0.02

Meiwu Technology Co (NAS:WNW) 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.

Meiwu Technology Co Debt-to-Equity Related Terms

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Meiwu Technology Co (Meiwu Technology Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Meiwu Technology Co Ltd (NAS:WNW) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 743 Zhoushi Road, Hangcheng Street, 1602, Building C, Shenye Century Industrial Center, Bao’an District, Shenzhen, CHN

Website

https://www.wnw108.com

Meiwu Technology Co Ltd operates as an online food retail store and franchise restaurants in China. The products offered include green food, organic food, intangible cultural heritage food products, agricultural products bearing geographical indications, and pollution-free products. It operates in three segments: Clean Food Platform, which generates nearly all of its revenue; Restaurant; and Others.