Wuhu Yabosion Electronic Technology Co (BJSE:870357) Debt-to-Equity : 0.14 (As of Mar. 2024)

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What is Wuhu Yabosion Electronic Technology Co Debt-to-Equity?

Wuhu Yabosion Electronic Technology Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥49.4 Mil. Wuhu Yabosion Electronic Technology Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥0.0 Mil. Wuhu Yabosion Electronic Technology Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥366.9 Mil. Wuhu Yabosion Electronic Technology Co's debt to equity for the quarter that ended in Mar. 2024 was 0.13.

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

BJSE:870357' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.05 Med: 0.13 Max: 0.41
Current: 0.14

During the past 9 years, the highest Debt-to-Equity Ratio of Wuhu Yabosion Electronic Technology Co was 0.41. The lowest was 0.05. And the median was 0.13.

BJSE:870357's Debt-to-Equity is ranked better than
68.4% of 2193 companies
in the Hardware industry
Industry Median: 0.29 vs BJSE:870357: 0.14

Wuhu Yabosion Electronic Technology Co Debt-to-Equity Historical Data

The historical data trend for Wuhu Yabosion Electronic 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.

Wuhu Yabosion Electronic Technology Co Debt-to-Equity Chart

Wuhu Yabosion Electronic Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

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0.41

0.38

0.10

0.23

0.06

Wuhu Yabosion Electronic Technology Co Quarterly Data
	Jun18	Dec18	Jun19	Dec19	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															0.05	0.06	0.06	0.05	0.14

Competitive Comparison of Wuhu Yabosion Electronic Technology Co's Debt-to-Equity

For the Electronic Components subindustry, Wuhu Yabosion Electronic 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.

Wuhu Yabosion Electronic Technology Co's Debt-to-Equity Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Wuhu Yabosion Electronic Technology Co's Debt-to-Equity distribution charts can be found below:

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

Wuhu Yabosion Electronic Technology Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Wuhu Yabosion Electronic 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
	=	(19.622	+	0)	/	355.172
	=	0.06

Wuhu Yabosion Electronic Technology 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
	=	(49.434	+	0)	/	366.882
	=	0.13

Wuhu Yabosion Electronic Technology Co (BJSE:870357) 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.

Wuhu Yabosion Electronic Technology Co Debt-to-Equity Related Terms

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Wuhu Yabosion Electronic Technology Co (BJSE:870357) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Wuhu Yabosion Electronic Technology Co Ltd (BJSE:870357) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 8, Dawu Road, Phase II, Nanling Economic Development Zone, Nanling County, Anhui Province, Wuhu City, CHN, 241300

Website

http://www.yabosion.com

Wuhu Yabosion Electronic Technology Co Ltd engages in research and development, production, and sales of electronic products. It mainly engages in manufacturing electronic components, computer hardware and software, and peripheral equipment, manufacturing other electronic devices, manufacturing industrial control computers and systems, retailing electronic components, manufacturing smart home consumer equipment, manufacturing smart vehicle equipment, and research and development of mechanical equipment.

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