GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Xilinmen Furniture Co Ltd (SHSE:603008) » Definitions » Debt-to-Equity

Xilinmen Furniture Co (SHSE:603008) Debt-to-Equity : 0.53 (As of Mar. 2024)


View and export this data going back to 2012. Start your Free Trial

What is Xilinmen Furniture Co Debt-to-Equity?

Xilinmen Furniture Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥1,505 Mil. Xilinmen Furniture Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥500 Mil. Xilinmen Furniture Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥3,765 Mil. Xilinmen Furniture Co's debt to equity for the quarter that ended in Mar. 2024 was 0.53.

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 Xilinmen Furniture Co's Debt-to-Equity or its related term are showing as below:

SHSE:603008' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.22   Med: 0.54   Max: 0.73
Current: 0.53

During the past 13 years, the highest Debt-to-Equity Ratio of Xilinmen Furniture Co was 0.73. The lowest was 0.22. And the median was 0.54.

SHSE:603008's Debt-to-Equity is ranked worse than
65.45% of 382 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 0.345 vs SHSE:603008: 0.53

Xilinmen Furniture Co Debt-to-Equity Historical Data

The historical data trend for Xilinmen Furniture 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.

* Premium members only.

Xilinmen Furniture Co Debt-to-Equity Chart

Xilinmen Furniture Co 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 0.67 0.53 0.59 0.70 0.49

Xilinmen Furniture Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.73 0.65 0.61 0.49 0.53

Competitive Comparison of Xilinmen Furniture Co's Debt-to-Equity

For the Furnishings, Fixtures & Appliances subindustry, Xilinmen Furniture 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.


Xilinmen Furniture Co's Debt-to-Equity Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Xilinmen Furniture Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Xilinmen Furniture Co's Debt-to-Equity falls into.



Xilinmen Furniture Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Xilinmen Furniture Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Xilinmen Furniture Co's Debt to Equity Ratio for the quarter that ended in Mar. 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.


Xilinmen Furniture Co  (SHSE:603008) 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.


Xilinmen Furniture Co Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Xilinmen Furniture Co's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Xilinmen Furniture Co (SHSE:603008) Business Description

Traded in Other Exchanges
N/A
Address
No.1, Second Ring Road, Xilinmen Industrial Park, Zhejiang Province, Shaoxing City, CHN, 312001
Xilinmen Furniture Co Ltd is a China based company engaged in manufacturing of mattresses, soft beds and related products.

Xilinmen Furniture Co (SHSE:603008) Headlines

No Headlines