Kerun Intellgent Control Co (BJSE:834062) Debt-to-Equity : 0.71 (As of Mar. 2024)

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What is Kerun Intellgent Control Co Debt-to-Equity?

Kerun Intellgent Control Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥346 Mil. Kerun Intellgent Control Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥131 Mil. Kerun Intellgent Control Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥676 Mil. Kerun Intellgent Control Co's debt to equity for the quarter that ended in Mar. 2024 was 0.71.

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 Kerun Intellgent Control Co's Debt-to-Equity or its related term are showing as below:

BJSE:834062' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.19 Med: 0.4 Max: 1.01
Current: 0.71

During the past 11 years, the highest Debt-to-Equity Ratio of Kerun Intellgent Control Co was 1.01. The lowest was 0.19. And the median was 0.40.

BJSE:834062's Debt-to-Equity is ranked worse than
77.32% of 2623 companies
in the Industrial Products industry
Industry Median: 0.28 vs BJSE:834062: 0.71

Kerun Intellgent Control Co Debt-to-Equity Historical Data

The historical data trend for Kerun Intellgent Control 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.

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Kerun Intellgent Control Co Debt-to-Equity Chart

Kerun Intellgent Control Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.21

0.28

0.35

0.40

0.52

Kerun Intellgent Control Co Quarterly Data
	Dec18	Jun19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															0.42	0.45	0.56	0.52	0.71

Competitive Comparison of Kerun Intellgent Control Co's Debt-to-Equity

For the Electrical Equipment & Parts subindustry, Kerun Intellgent Control 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.

Kerun Intellgent Control Co's Debt-to-Equity Distribution in the Industrial Products Industry

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

* The bar in red indicates where Kerun Intellgent Control Co's Debt-to-Equity falls into.

Kerun Intellgent Control Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Kerun Intellgent Control Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 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
	=	(260.152	+	85.255)	/	670.316
	=	0.52

Kerun Intellgent Control Co's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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
	=	(345.72	+	130.847)	/	675.569
	=	0.71

Kerun Intellgent Control Co (BJSE:834062) 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.

Kerun Intellgent Control Co Debt-to-Equity Related Terms

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Kerun Intellgent Control Co (BJSE:834062) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Kerun Intellgent Control Co Ltd (BJSE:834062) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

No. 1 Kaiyuan Road, Shanhai Cooperation Zone, Economic Development Zone, Jiangshan City, Zhejiang Province, Quzhou City, CHN, 324100

Website

http://www.krgroup.cn

Kerun Intellgent Control Co Ltd conducts research, development, production, sales, and service of power transmission and distribution equipment, high and low-voltage complete sets, special power containers, transformers, and new energy products. The company has six major business divisions - Electrical Division, Transformer Division, Component Division, Sheet Metal Division, New Energy Division, and Military Industry Division. The leading products are transformer series, high and low voltage complete switchgear series, and box-type substation series.

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