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Zhongxin Fruit and Juice (SGX:5EG) Debt-to-Equity : 0.29 (As of Jun. 2024)


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What is Zhongxin Fruit and Juice Debt-to-Equity?

Zhongxin Fruit and Juice's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was S$7.28 Mil. Zhongxin Fruit and Juice's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was S$0.00 Mil. Zhongxin Fruit and Juice's Total Stockholders Equity for the quarter that ended in Jun. 2024 was S$25.54 Mil. Zhongxin Fruit and Juice's debt to equity for the quarter that ended in Jun. 2024 was 0.28.

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 Zhongxin Fruit and Juice's Debt-to-Equity or its related term are showing as below:

SGX:5EG' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03   Med: 0.19   Max: 0.58
Current: 0.29

During the past 13 years, the highest Debt-to-Equity Ratio of Zhongxin Fruit and Juice was 0.58. The lowest was 0.03. And the median was 0.19.

SGX:5EG's Debt-to-Equity is ranked worse than
53.06% of 98 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 0.255 vs SGX:5EG: 0.29

Zhongxin Fruit and Juice Debt-to-Equity Historical Data

The historical data trend for Zhongxin Fruit and Juice'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.

Zhongxin Fruit and Juice Debt-to-Equity Chart

Zhongxin Fruit and Juice Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.58 0.12 0.08 0.26 0.29

Zhongxin Fruit and Juice Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 0.08 0.38 0.26 0.32 0.29

Competitive Comparison of Zhongxin Fruit and Juice's Debt-to-Equity

For the Beverages - Non-Alcoholic subindustry, Zhongxin Fruit and Juice'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.


Zhongxin Fruit and Juice's Debt-to-Equity Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Zhongxin Fruit and Juice's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Zhongxin Fruit and Juice's Debt-to-Equity falls into.



Zhongxin Fruit and Juice Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Zhongxin Fruit and Juice's Debt to Equity Ratio for the fiscal year that ended in Jun. 2024 is calculated as

Zhongxin Fruit and Juice's Debt to Equity Ratio for the quarter that ended in Jun. 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.


Zhongxin Fruit and Juice  (SGX:5EG) 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.


Zhongxin Fruit and Juice Debt-to-Equity Related Terms

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Zhongxin Fruit and Juice Business Description

Traded in Other Exchanges
N/A
Address
25 International Business Park, No. 02-53 German Centre, Singapore, SGP, 609916
Website
Zhongxin Fruit and Juice Ltd are engaged in the production of fruit and vegetable juice concentrates and beverages. Its core business is a production of concentrated apple juice mainly for export to in the United States, European Union, South Africa, Canada, Japan and Australia. The concentrated apple juice produced is used as an ingredient in packet juice drinks, soft drinks, cider, yoghurt, and candies. The company also produces animal feed using apple pomace generated from the production process of apple juice concentrate.

Zhongxin Fruit and Juice Headlines

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