Fuling Global (Fuling Global) Debt-to-Equity : 0.51 (As of Dec. 2019)

View and export this data going back to 2015. Start your Free Trial

What is Fuling Global Debt-to-Equity?

Fuling Global's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2019 was $22.9 Mil. Fuling Global's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2019 was $17.7 Mil. Fuling Global's Total Stockholders Equity for the quarter that ended in Dec. 2019 was $79.1 Mil. Fuling Global's debt to equity for the quarter that ended in Dec. 2019 was 0.51.

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 Fuling Global's Debt-to-Equity or its related term are showing as below:

FORK's Debt-to-Equity is not ranked ^*
in the Furnishings, Fixtures & Appliances industry.
Industry Median: 0.35
* Ranked among companies with meaningful Debt-to-Equity only.

Fuling Global Debt-to-Equity Historical Data

The historical data trend for Fuling Global'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.

Fuling Global Debt-to-Equity Chart

Fuling Global Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Debt-to-Equity

Get a 7-Day Free Trial

0.42

0.43

0.65

0.55

0.51

Fuling Global Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19
Debt-to-Equity	Get a 7-Day Free Trial								0.65	0.65	0.55	0.57	0.51

Competitive Comparison of Fuling Global's Debt-to-Equity

For the Furnishings, Fixtures & Appliances subindustry, Fuling Global'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.

Fuling Global's Debt-to-Equity Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Fuling Global's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Fuling Global's Debt-to-Equity falls into.

Fuling Global Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Fuling Global's Debt to Equity Ratio for the fiscal year that ended in Dec. 2019 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
	=	(22.897	+	17.723)	/	79.116
	=	0.51

Fuling Global's Debt to Equity Ratio for the quarter that ended in Dec. 2019 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
	=	(22.897	+	17.723)	/	79.116
	=	0.51

Fuling Global (NAS:FORK) 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.

Fuling Global Debt-to-Equity Related Terms

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

Fuling Global (Fuling Global) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Fuling Global Inc (NAS:FORK) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 88, Jintang South Avenue, East New District, Zhejiang Province, Wenling, CHN, 317509

Website

http://www.fulingplastics.com

Fuling Global Inc is engaged in producing environmental-friendly plastic tableware. The company product categories include cutlery; portion cup; container; cups; plate and bowl and others. It generates maximum revenue from Cutlery products followed by Cups and plates. Geographically, it derives a majority of revenue from the United States and also has a presence in Europe; Canada; China and other countries.