Asia Carbon Industries (Asia Carbon Industries) Debt-to-Equity : 0.04 (As of Jun. 2013)

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What is Asia Carbon Industries Debt-to-Equity?

Asia Carbon Industries's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2013 was $1.38 Mil. Asia Carbon Industries's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2013 was $0.00 Mil. Asia Carbon Industries's Total Stockholders Equity for the quarter that ended in Jun. 2013 was $37.44 Mil. Asia Carbon Industries's debt to equity for the quarter that ended in Jun. 2013 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 Asia Carbon Industries's Debt-to-Equity or its related term are showing as below:

ACRB's Debt-to-Equity is not ranked ^*
in the Chemicals industry.
Industry Median: 0.35
* Ranked among companies with meaningful Debt-to-Equity only.

Asia Carbon Industries Debt-to-Equity Historical Data

The historical data trend for Asia Carbon Industries'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.

Asia Carbon Industries Debt-to-Equity Chart

Asia Carbon Industries Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Debt-to-Equity

0.10

0.07

0.05

0.04

Asia Carbon Industries Quarterly Data
	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13
Debt-to-Equity	Get a 7-Day Free Trial											0.04	0.04	0.04	0.04	0.04

Competitive Comparison of Asia Carbon Industries's Debt-to-Equity

For the Specialty Chemicals subindustry, Asia Carbon Industries'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.

Asia Carbon Industries's Debt-to-Equity Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Asia Carbon Industries's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Asia Carbon Industries's Debt-to-Equity falls into.

Asia Carbon Industries Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Asia Carbon Industries's Debt to Equity Ratio for the fiscal year that ended in Dec. 2012 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
	=	(1.364	+	0)	/	35.571
	=	0.04

Asia Carbon Industries's Debt to Equity Ratio for the quarter that ended in Jun. 2013 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
	=	(1.377	+	0)	/	37.437
	=	0.04

Asia Carbon Industries (OTCPK:ACRB) 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.

Asia Carbon Industries Debt-to-Equity Related Terms

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Asia Carbon Industries (Asia Carbon Industries) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Asia Carbon Industries Inc (OTCPK:ACRB) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Xi Gu Nan Street, Qing Xu County Taiyuan, Shanxi Province, Taiyuan City, CHN, 030407

Website

http://www.asiacarbonindustries.com

Asia Carbon Industries Inc is a United States based company, through its subsidiary, manufactures carbon black products under the Great Double Star brand and other by-products. The company manufactures one soft and two hard carbon black products, called N660, N330, and N220, respectively.

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