NOEC (New Oriental Energy & Chemical) Debt-to-Equity: 8.10 (As of Dec. 2010)

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What is New Oriental Energy & Chemical Debt-to-Equity?

New Oriental Energy & Chemical NOEC -99.00% Debt-to-Equity is 8.10 as of Dec. 2010.

New Oriental Energy & Chemical's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2010 was $20.54 Mil. New Oriental Energy & Chemical's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2010 was $3.15 Mil. New Oriental Energy & Chemical's Total Stockholders Equity for the quarter that ended in Dec. 2010 was $2.93 Mil. New Oriental Energy & Chemical's debt to equity for the quarter that ended in Dec. 2010 was 8.09.

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 New Oriental Energy & Chemical's Debt-to-Equity or its related term are showing as below:

NOEC's Debt-to-Equity is not ranked *
in the Agriculture industry.
Industry Median: 0.35
* Ranked among companies with meaningful Debt-to-Equity only.

New Oriental Energy & Chemical  (OTCPK:NOEC) 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.

New Oriental Energy & Chemical Debt-to-Equity Related Terms

New Oriental Energy & Chemical Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for New Oriental Energy & Chemical'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.

New Oriental Energy & Chemical Debt-to-Equity Chart

New Oriental Energy & Chemical Annual Data
Trend Dec05 Mar07 Mar08 Mar09 Mar10
Debt-to-Equity
0.00 0.68 1.07 1.38 18.36

New Oriental Energy & Chemical Quarterly Data
Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10
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 3.59 18.36 -95.24 25.88 8.10

NOEC vs RTKHQ, LBTD, CVAT: Debt-to-Equity Comparison

For the Agricultural Inputs subindustry, New Oriental Energy & Chemical'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.

New Oriental Energy & Chemical Debt-to-Equity vs Agriculture Industry

For the Agriculture industry and Basic Materials sector, New Oriental Energy & Chemical's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where New Oriental Energy & Chemical's Debt-to-Equity falls into.


New Oriental Energy & Chemical Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

New Oriental Energy & Chemical's Debt to Equity Ratio for the fiscal year that ended in Mar. 2010 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
=(19.432 + 3.059) / 1.225
=18.36

New Oriental Energy & Chemical's Debt to Equity Ratio for the quarter that ended in Dec. 2010 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
=(20.543 + 3.151) / 2.927
=8.09

* 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 8.10 mean?
New Oriental Energy & Chemical (NOEC) has a Debt-to-Equity of 8.10 as of Dec. 2010. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on New Oriental Energy & Chemical and its competitors.
Is New Oriental Energy & Chemical's Debt-to-Equity too high?
New Oriental Energy & Chemical's current Debt-to-Equity is 8.10. The Agriculture industry median Debt-to-Equity is 0.35. New Oriental Energy & Chemical's value of 8.10 is 2214.3% above this industry median.
How does New Oriental Energy & Chemical's Debt-to-Equity compare to RTKHQ and LBTD?
New Oriental Energy & Chemical's Debt-to-Equity of 8.10 can be compared against companies in the Agriculture industry. The industry median Debt-to-Equity is 0.35. New Oriental Energy & Chemical's value of 8.10 is 2214.3% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for an Agriculture company?
The median Debt-to-Equity among Agriculture companies is 0.35, based on 228 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. New Oriental Energy & Chemical's current Debt-to-Equity of 8.10 is 2214.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on New Oriental Energy & Chemical and its competitors. For the Agriculture industry, the median Debt-to-Equity is 0.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. New Oriental Energy & Chemical's current Debt-to-Equity is 8.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is New Oriental Energy & Chemical stock overvalued right now?
New Oriental Energy & Chemical (NOEC) has a current Debt-to-Equity of 8.10. The current Debt-to-Equity is 8.10 and 2214.3% above the Agriculture industry median of 0.35. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For New Oriental Energy & Chemical (NOEC), the current Debt-to-Equity is 8.10 as of Dec. 2010. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

New Oriental Energy & Chemical Business Description

Address Xicheng Industrial Zone of Luoshan, Xinyang, Henan Province, CHN, 464200
New Oriental Energy & Chemical Corporation, through its subsidiary, is engaged in the manufacture and distribution of fertilizer and chemical products in the People's Republic of China.