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China Runji Cement (China Runji Cement) Debt-to-Equity : 0.56 (As of Feb. 2011)


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What is China Runji Cement Debt-to-Equity?

China Runji Cement's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2011 was $15.49 Mil. China Runji Cement's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2011 was $2.20 Mil. China Runji Cement's Total Stockholders Equity for the quarter that ended in Feb. 2011 was $31.39 Mil. China Runji Cement's debt to equity for the quarter that ended in Feb. 2011 was 0.56.

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 China Runji Cement's Debt-to-Equity or its related term are showing as below:

CRJI's Debt-to-Equity is not ranked *
in the Building Materials industry.
Industry Median: 0.39
* Ranked among companies with meaningful Debt-to-Equity only.

China Runji Cement Debt-to-Equity Historical Data

The historical data trend for China Runji Cement'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.

China Runji Cement Debt-to-Equity Chart

China Runji Cement Annual Data
Trend Jan06 Jan07 Aug08 Aug09 Aug10
Debt-to-Equity
- - 0.02 0.58 0.57

China Runji Cement Quarterly Data
Apr06 Jul06 Oct06 Jan07 Apr07 Jul07 Oct07 Feb08 May08 Aug08 Nov08 Feb09 May09 Aug09 Nov09 Feb10 May10 Aug10 Nov10 Feb11
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 0.51 0.52 0.57 0.45 0.56

Competitive Comparison of China Runji Cement's Debt-to-Equity

For the Building Materials subindustry, China Runji Cement'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.


China Runji Cement's Debt-to-Equity Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, China Runji Cement's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where China Runji Cement's Debt-to-Equity falls into.



China Runji Cement Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

China Runji Cement's Debt to Equity Ratio for the fiscal year that ended in Aug. 2010 is calculated as

China Runji Cement's Debt to Equity Ratio for the quarter that ended in Feb. 2011 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.


China Runji Cement  (GREY:CRJI) 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.


China Runji Cement Debt-to-Equity Related Terms

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China Runji Cement (China Runji Cement) Business Description

Traded in Other Exchanges
N/A
Address
Xianzong town, Hanshan county, Chaohu, Anhui, CHN
Website
China Runji Cement Inc through its subsidiary is engaged in the production and sale of cement in mainland China.

China Runji Cement (China Runji Cement) Headlines

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