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Jiangsu Liba Enterprise JSC (SHSE:603519) Debt-to-Equity : 0.06 (As of Mar. 2024)


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What is Jiangsu Liba Enterprise JSC Debt-to-Equity?

Jiangsu Liba Enterprise JSC's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥85 Mil. Jiangsu Liba Enterprise JSC's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥0 Mil. Jiangsu Liba Enterprise JSC's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥1,472 Mil. Jiangsu Liba Enterprise JSC's debt to equity for the quarter that ended in Mar. 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 Jiangsu Liba Enterprise JSC's Debt-to-Equity or its related term are showing as below:

SHSE:603519' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02   Med: 0.1   Max: 0.18
Current: 0.06

During the past 13 years, the highest Debt-to-Equity Ratio of Jiangsu Liba Enterprise JSC was 0.18. The lowest was 0.02. And the median was 0.10.

SHSE:603519's Debt-to-Equity is ranked better than
80.74% of 2191 companies
in the Hardware industry
Industry Median: 0.29 vs SHSE:603519: 0.06

Jiangsu Liba Enterprise JSC Debt-to-Equity Historical Data

The historical data trend for Jiangsu Liba Enterprise 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.

Jiangsu Liba Enterprise JSC Debt-to-Equity Chart

Jiangsu Liba Enterprise 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 - - - - 0.02

Jiangsu Liba Enterprise JSC 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 - - - 0.02 0.06

Competitive Comparison of Jiangsu Liba Enterprise JSC's Debt-to-Equity

For the Electronic Components subindustry, Jiangsu Liba Enterprise 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.


Jiangsu Liba Enterprise JSC's Debt-to-Equity Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Jiangsu Liba Enterprise JSC's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Jiangsu Liba Enterprise JSC's Debt-to-Equity falls into.



Jiangsu Liba Enterprise JSC Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Jiangsu Liba Enterprise JSC's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Jiangsu Liba Enterprise JSC'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.


Jiangsu Liba Enterprise JSC  (SHSE:603519) 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.


Jiangsu Liba Enterprise JSC Debt-to-Equity Related Terms

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


Jiangsu Liba Enterprise JSC (SHSE:603519) Business Description

Traded in Other Exchanges
N/A
Address
No. 88, Caixi Road, Environmental Protection Technology Industrial Park, Jiangsu Province, Yixing, CHN, 214205
Jiangsu Liba Enterprise JSC Ltd is engaged in the research and development, production and sales of composite materials for home appliance appearance. Its products are mainly laminated film (VCM) series products and coated board (PCM) series products, widely used in refrigerators, washing machines, water heaters, microwave ovens, air conditioners, high-end building door panels and other fields.
Executives
Jiang Da Wei Directors, senior managers
Lu Feng Xian Director
Chu Yi Ping senior management
Wang Shi Qin Director

Jiangsu Liba Enterprise JSC (SHSE:603519) Headlines

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