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Huizhou Jinghao Medical Technology Co (BJSE:872925) Debt-to-Equity : 0.02 (As of Mar. 2024)


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What is Huizhou Jinghao Medical Technology Co Debt-to-Equity?

Huizhou Jinghao Medical Technology Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥2.5 Mil. Huizhou Jinghao Medical Technology Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥4.0 Mil. Huizhou Jinghao Medical Technology Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥362.4 Mil. Huizhou Jinghao Medical Technology Co's debt to equity for the quarter that ended in Mar. 2024 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 Huizhou Jinghao Medical Technology Co's Debt-to-Equity or its related term are showing as below:

BJSE:872925' s Debt-to-Equity Range Over the Past 10 Years
Min: 0   Med: 0.02   Max: 0.1
Current: 0.02

During the past 8 years, the highest Debt-to-Equity Ratio of Huizhou Jinghao Medical Technology Co was 0.10. The lowest was 0.00. And the median was 0.02.

BJSE:872925's Debt-to-Equity is ranked better than
91.98% of 698 companies
in the Medical Devices & Instruments industry
Industry Median: 0.215 vs BJSE:872925: 0.02

Huizhou Jinghao Medical Technology Co Debt-to-Equity Historical Data

The historical data trend for Huizhou Jinghao Medical 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.

Huizhou Jinghao Medical Technology Co Debt-to-Equity Chart

Huizhou Jinghao Medical Technology Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial - 0.10 0.04 0.01 0.02

Huizhou Jinghao Medical Technology 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 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 0.01 0.01 0.01 0.02 0.02

Competitive Comparison of Huizhou Jinghao Medical Technology Co's Debt-to-Equity

For the Medical Devices subindustry, Huizhou Jinghao Medical 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.


Huizhou Jinghao Medical Technology Co's Debt-to-Equity Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Huizhou Jinghao Medical Technology Co's Debt-to-Equity distribution charts can be found below:

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



Huizhou Jinghao Medical Technology Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Huizhou Jinghao Medical Technology Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Huizhou Jinghao Medical Technology 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.


Huizhou Jinghao Medical Technology Co  (BJSE:872925) 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.


Huizhou Jinghao Medical Technology Co Debt-to-Equity Related Terms

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Huizhou Jinghao Medical Technology Co (BJSE:872925) Business Description

Traded in Other Exchanges
N/A
Address
No. 9, Huifeng East 2nd Road, 6th and 7th Floors, Huicheng Industrial Building, Zhongkai High-tech Zone, Guangdong Province, Huizhou, CHN
Huizhou Jinghao Medical Technology Co Ltd is engaged in the production, processing, and sales of electronic products.

Huizhou Jinghao Medical Technology Co (BJSE:872925) Headlines

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