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Cybrid Technologies (SHSE:603212) Debt-to-Equity : 0.40 (As of Jun. 2024)


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What is Cybrid Technologies Debt-to-Equity?

Cybrid Technologies's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was ¥989 Mil. Cybrid Technologies's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was ¥187 Mil. Cybrid Technologies's Total Stockholders Equity for the quarter that ended in Jun. 2024 was ¥2,948 Mil. Cybrid Technologies's debt to equity for the quarter that ended in Jun. 2024 was 0.40.

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 Cybrid Technologies's Debt-to-Equity or its related term are showing as below:

SHSE:603212' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.12   Med: 0.4   Max: 0.67
Current: 0.4

During the past 10 years, the highest Debt-to-Equity Ratio of Cybrid Technologies was 0.67. The lowest was 0.12. And the median was 0.40.

SHSE:603212's Debt-to-Equity is ranked worse than
53.96% of 1401 companies
in the Chemicals industry
Industry Median: 0.36 vs SHSE:603212: 0.40

Cybrid Technologies Debt-to-Equity Historical Data

The historical data trend for Cybrid Technologies'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.

Cybrid Technologies Debt-to-Equity Chart

Cybrid Technologies 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 0.22 0.31 0.67 0.40 0.40

Cybrid Technologies Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 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 0.41 0.41 0.40 0.44 0.40

Competitive Comparison of Cybrid Technologies's Debt-to-Equity

For the Specialty Chemicals subindustry, Cybrid Technologies'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.


Cybrid Technologies's Debt-to-Equity Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Cybrid Technologies's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Cybrid Technologies's Debt-to-Equity falls into.



Cybrid Technologies Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Cybrid Technologies's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Cybrid Technologies'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.


Cybrid Technologies  (SHSE:603212) 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.


Cybrid Technologies Debt-to-Equity Related Terms

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


Cybrid Technologies Business Description

Traded in Other Exchanges
N/A
Address
No. 369 Yegang Road, Wujiang Economic and Technological Development Zone, Jiangsu Province, Suzhou, CHN, 215299
Cybrid Technologies Inc is engaged in production and sales of thin-film functional polymer materials. The company produces high-tech composite materials, plastic processing special equipment and devices; sales of solar cell components and related accessories; synthetic resins, adhesives, and tapes.
Executives
Yan Wen Qin Directors, senior managers
Chen Hong Ye Directors, senior managers
Gao Tian Bo Directors, senior managers
Chen Xiao Ying senior management
Chen Da Wei senior management

Cybrid Technologies Headlines

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