GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Hubei Gabrielle Optech Co Ltd (BJSE:835438) » Definitions » Debt-to-Equity

Hubei Gabrielle Optech Co (BJSE:835438) Debt-to-Equity : 0.20 (As of Mar. 2024)


View and export this data going back to 2024. Start your Free Trial

What is Hubei Gabrielle Optech Co Debt-to-Equity?

Hubei Gabrielle Optech Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥91.8 Mil. Hubei Gabrielle Optech Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥86.0 Mil. Hubei Gabrielle Optech Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥890.7 Mil. Hubei Gabrielle Optech Co's debt to equity for the quarter that ended in Mar. 2024 was 0.20.

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 Hubei Gabrielle Optech Co's Debt-to-Equity or its related term are showing as below:

BJSE:835438' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.2   Med: 0.28   Max: 2.8
Current: 0.2

During the past 11 years, the highest Debt-to-Equity Ratio of Hubei Gabrielle Optech Co was 2.80. The lowest was 0.20. And the median was 0.28.

BJSE:835438's Debt-to-Equity is ranked better than
67.04% of 355 companies
in the Building Materials industry
Industry Median: 0.38 vs BJSE:835438: 0.20

Hubei Gabrielle Optech Co Debt-to-Equity Historical Data

The historical data trend for Hubei Gabrielle Optech 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.

Hubei Gabrielle Optech Co Debt-to-Equity Chart

Hubei Gabrielle Optech Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.28 0.30 0.22 0.31 0.22

Hubei Gabrielle Optech Co Quarterly Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 N/A 0.27 0.24 0.22 0.20

Competitive Comparison of Hubei Gabrielle Optech Co's Debt-to-Equity

For the Building Materials subindustry, Hubei Gabrielle Optech 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.


Hubei Gabrielle Optech Co's Debt-to-Equity Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Hubei Gabrielle Optech Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Hubei Gabrielle Optech Co's Debt-to-Equity falls into.



Hubei Gabrielle Optech Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Hubei Gabrielle Optech Co's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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.


Hubei Gabrielle Optech Co  (BJSE:835438) 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.


Hubei Gabrielle Optech Co Debt-to-Equity Related Terms

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


Hubei Gabrielle Optech Co (BJSE:835438) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Website

Hubei Gabrielle Optech Co (BJSE:835438) Headlines

No Headlines