China Risun Group (FRA:45Y) Debt-to-Equity : 2.04 (As of Dec. 2023)

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What is China Risun Group Debt-to-Equity?

China Risun Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €2,256 Mil. China Risun Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €1,122 Mil. China Risun Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €1,657 Mil. China Risun Group's debt to equity for the quarter that ended in Dec. 2023 was 2.04.

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 Risun Group's Debt-to-Equity or its related term are showing as below:

FRA:45Y' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.26 Med: 1.94 Max: 4.12
Current: 2.04

During the past 9 years, the highest Debt-to-Equity Ratio of China Risun Group was 4.12. The lowest was 1.26. And the median was 1.94.

FRA:45Y's Debt-to-Equity is ranked worse than
95.86% of 1401 companies
in the Chemicals industry
Industry Median: 0.36 vs FRA:45Y: 2.04

China Risun Group Debt-to-Equity Historical Data

The historical data trend for China Risun Group'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 Risun Group Debt-to-Equity Chart

China Risun Group Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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1.30

1.28

1.26

1.71

2.04

China Risun Group Semi-Annual Data
	Dec15	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Debt-to-Equity	Get a 7-Day Free Trial											1.62	1.71	1.90	2.04	N/A

Competitive Comparison of China Risun Group's Debt-to-Equity

For the Chemicals subindustry, China Risun Group'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 Risun Group's Debt-to-Equity Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, China Risun Group's Debt-to-Equity distribution charts can be found below:

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

China Risun Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

China Risun Group's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 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
	=	(2256.415	+	1121.947)	/	1656.515
	=	2.04

China Risun Group's Debt to Equity Ratio for the quarter that ended in Dec. 2023 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
	=	(2256.415	+	1121.947)	/	1656.515
	=	2.04

China Risun Group (FRA:45Y) 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 Risun Group Debt-to-Equity Related Terms

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China Risun Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » China Risun Group Ltd (FRA:45Y) » Definitions » Debt-to-Equity

Traded in Other Exchanges

01907:Hong Kong

Address

Sihezhuang No. 2 Road, Building 1, Risun Plaza, Huaxiang Town, Fengtai District, Beijing, CHN, 100070

Website

http://www.risun.com

China Risun Group Ltd is an integrated coke, coking chemical, and refined chemical producer and supplier in China. The company's business segments are Coke and Coking Chemicals, Refined Chemicals, Operation management, and Trading. It generates maximum revenue from Coke and Coking Chemicals segment. It also produces coking chemical products mainly coal tar, coke oven gas, and crude benzene.

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