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Inner Mongolia North Hauler JSC (SHSE:600262) Debt-to-Equity : 0.06 (As of Sep. 2024)


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What is Inner Mongolia North Hauler JSC Debt-to-Equity?

Inner Mongolia North Hauler JSC's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ¥100 Mil. Inner Mongolia North Hauler JSC's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ¥0 Mil. Inner Mongolia North Hauler JSC's Total Stockholders Equity for the quarter that ended in Sep. 2024 was ¥1,554 Mil. Inner Mongolia North Hauler JSC's debt to equity for the quarter that ended in Sep. 2024 was 0.06.

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 Inner Mongolia North Hauler JSC's Debt-to-Equity or its related term are showing as below:

SHSE:600262' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.06   Med: 0.33   Max: 1.1
Current: 0.06

During the past 13 years, the highest Debt-to-Equity Ratio of Inner Mongolia North Hauler JSC was 1.10. The lowest was 0.06. And the median was 0.33.

SHSE:600262's Debt-to-Equity is ranked better than
86.1% of 187 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 0.39 vs SHSE:600262: 0.06

Inner Mongolia North Hauler JSC Debt-to-Equity Historical Data

The historical data trend for Inner Mongolia North Hauler JSC'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.

Inner Mongolia North Hauler JSC Debt-to-Equity Chart

Inner Mongolia North Hauler JSC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.25 0.24 0.16 0.15 0.07

Inner Mongolia North Hauler JSC Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.07 0.07 0.07 - 0.06

Competitive Comparison of Inner Mongolia North Hauler JSC's Debt-to-Equity

For the Farm & Heavy Construction Machinery subindustry, Inner Mongolia North Hauler JSC'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.


Inner Mongolia North Hauler JSC's Debt-to-Equity Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Inner Mongolia North Hauler JSC's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Inner Mongolia North Hauler JSC's Debt-to-Equity falls into.


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Inner Mongolia North Hauler JSC Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Inner Mongolia North Hauler JSC's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Inner Mongolia North Hauler JSC's Debt to Equity Ratio for the quarter that ended in Sep. 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.


Inner Mongolia North Hauler JSC  (SHSE:600262) 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.


Inner Mongolia North Hauler JSC Debt-to-Equity Related Terms

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Inner Mongolia North Hauler JSC Business Description

Traded in Other Exchanges
N/A
Address
Rare-Earth High Technology Development Zone, North Hauler Joint Stock Co. Building, Baotou, Inner Mongolia, CHN, 014030
Inner Mongolia North Hauler JSC Ltd manufactures and markets off-highway mining vehicles, their parts and components. The product portfolio includes - Electric drive mining dump truck, Articulated mining dump truck, Coal mine underground explosion-proof engineering dump truck, and Hydraulic excavator rotary drilling rig side dump truck.

Inner Mongolia North Hauler JSC Headlines

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