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Sk Shu Paint Co (SHSE:603737) Debt-to-Equity : 1.46 (As of Sep. 2024)


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What is Sk Shu Paint Co Debt-to-Equity?

Sk Shu Paint Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ¥2,713 Mil. Sk Shu Paint Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ¥1,328 Mil. Sk Shu Paint Co's Total Stockholders Equity for the quarter that ended in Sep. 2024 was ¥2,772 Mil. Sk Shu Paint Co's debt to equity for the quarter that ended in Sep. 2024 was 1.46.

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 Sk Shu Paint Co's Debt-to-Equity or its related term are showing as below:

SHSE:603737' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.08   Med: 0.72   Max: 2.15
Current: 1.46

During the past 13 years, the highest Debt-to-Equity Ratio of Sk Shu Paint Co was 2.15. The lowest was 0.08. And the median was 0.72.

SHSE:603737's Debt-to-Equity is ranked worse than
92.72% of 1388 companies
in the Chemicals industry
Industry Median: 0.36 vs SHSE:603737: 1.46

Sk Shu Paint Co Debt-to-Equity Historical Data

The historical data trend for Sk Shu Paint 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.

Sk Shu Paint Co Debt-to-Equity Chart

Sk Shu Paint 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 0.65 0.72 1.76 1.64 1.46

Sk Shu Paint 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 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 1.43 1.46 1.59 1.67 1.46

Competitive Comparison of Sk Shu Paint Co's Debt-to-Equity

For the Specialty Chemicals subindustry, Sk Shu Paint 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.


Sk Shu Paint Co's Debt-to-Equity Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Sk Shu Paint Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Sk Shu Paint Co's Debt-to-Equity falls into.



Sk Shu Paint Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Sk Shu Paint Co'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.


Sk Shu Paint Co  (SHSE:603737) 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.


Sk Shu Paint Co Debt-to-Equity Related Terms

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Sk Shu Paint Co Business Description

Traded in Other Exchanges
N/A
Address
No. 518 LIyuan North Road, Licheng District, Fujian Province, Putian City, CHN, 351100
Sk Shu Paint Co Ltd is engaged in the Research and development, production and sales of architectural coatings (wall coatings), wood coatings and adhesives.
Executives
Zhao Fu Wei Supervisors
Mi Li Directors, senior managers
Peng Yong Sen Supervisors
Hong Jie Directors, senior managers
Lin De Dian senior management
Zhu Qi Feng Directors, senior managers
Lin Li Zhong Director
Cai Wei Ting Supervisors
Huang Sheng Lin senior management
Fang Guo Qin Directors, senior managers
Chen Chao Yang Supervisors

Sk Shu Paint Co Headlines

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