Baiyin Nonferrous Group Co (SHSE:601212) Debt-to-Equity : 1.39 (As of Sep. 2024)

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What is Baiyin Nonferrous Group Co Debt-to-Equity?

Baiyin Nonferrous Group Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ¥14,185 Mil. Baiyin Nonferrous Group Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ¥6,818 Mil. Baiyin Nonferrous Group Co's Total Stockholders Equity for the quarter that ended in Sep. 2024 was ¥15,160 Mil. Baiyin Nonferrous Group Co's debt to equity for the quarter that ended in Sep. 2024 was 1.39.

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

SHSE:601212' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.14 Med: 1.39 Max: 2.59
Current: 1.39

During the past 13 years, the highest Debt-to-Equity Ratio of Baiyin Nonferrous Group Co was 2.59. The lowest was 1.14. And the median was 1.39.

SHSE:601212's Debt-to-Equity is ranked worse than
90.47% of 1238 companies
in the Metals & Mining industry
Industry Median: 0.14 vs SHSE:601212: 1.39

Baiyin Nonferrous Group Co Debt-to-Equity Historical Data

The historical data trend for Baiyin Nonferrous Group Co'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.

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Baiyin Nonferrous Group Co Debt-to-Equity Chart

Baiyin Nonferrous Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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1.51

1.14

1.30

1.18

1.33

Baiyin Nonferrous Group Co 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															1.30	1.33	1.39	1.34	1.39

Competitive Comparison of Baiyin Nonferrous Group Co's Debt-to-Equity

For the Other Industrial Metals & Mining subindustry, Baiyin Nonferrous Group Co'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.

Baiyin Nonferrous Group Co's Debt-to-Equity Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Baiyin Nonferrous Group Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Baiyin Nonferrous Group Co's Debt-to-Equity falls into.

Baiyin Nonferrous Group Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Baiyin Nonferrous Group Co'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
	=	(14101.623	+	5684.195)	/	14935.358
	=	1.32

Baiyin Nonferrous Group Co's Debt to Equity Ratio for the quarter that ended in Sep. 2024 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
	=	(14184.882	+	6817.529)	/	15160.182
	=	1.39

Baiyin Nonferrous Group Co (SHSE:601212) 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.

Baiyin Nonferrous Group Co Debt-to-Equity Related Terms

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Baiyin Nonferrous Group Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Baiyin Nonferrous Group Co Ltd (SHSE:601212) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

No.56, Friendship Road, Baiyin District, Gansu Province, Baiyin, CHN, 730900

Website

http://www.bynmc.com

Baiyin Nonferrous Group Co Ltd is engaged in mining and production of nonferrous metals. The product offered by the group includes Cathode copper, Lead ingots, Zinc ingot, Gold ingot, Cadmium ingot, sulfuric acid, Selenium dioxide and others. The group distributes its products within Chinese and to overseas markets.

Baiyin Nonferrous Group Co Headlines

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