GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Shaanxi Huaqin Technology Industry Co Ltd (SHSE:688281) » Definitions » Debt-to-Equity

Shaanxi Huaqin Technology Industry Co (SHSE:688281) Debt-to-Equity : 0.10 (As of Mar. 2024)


View and export this data going back to 2022. Start your Free Trial

What is Shaanxi Huaqin Technology Industry Co Debt-to-Equity?

Shaanxi Huaqin Technology Industry Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥20.5 Mil. Shaanxi Huaqin Technology Industry Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥422.1 Mil. Shaanxi Huaqin Technology Industry Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥4,317.9 Mil. Shaanxi Huaqin Technology Industry Co's debt to equity for the quarter that ended in Mar. 2024 was 0.10.

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 Shaanxi Huaqin Technology Industry Co's Debt-to-Equity or its related term are showing as below:

SHSE:688281' s Debt-to-Equity Range Over the Past 10 Years
Min: 0   Med: 0.12   Max: 0.17
Current: 0.1

During the past 6 years, the highest Debt-to-Equity Ratio of Shaanxi Huaqin Technology Industry Co was 0.17. The lowest was 0.00. And the median was 0.12.

SHSE:688281's Debt-to-Equity is ranked better than
81.54% of 260 companies
in the Aerospace & Defense industry
Industry Median: 0.425 vs SHSE:688281: 0.10

Shaanxi Huaqin Technology Industry Co Debt-to-Equity Historical Data

The historical data trend for Shaanxi Huaqin Technology Industry 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.

Shaanxi Huaqin Technology Industry Co Debt-to-Equity Chart

Shaanxi Huaqin Technology Industry Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial 0.15 0.17 0.13 - 0.08

Shaanxi Huaqin Technology Industry Co Quarterly Data
Dec18 Dec19 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 - 0.02 0.03 0.08 0.10

Competitive Comparison of Shaanxi Huaqin Technology Industry Co's Debt-to-Equity

For the Aerospace & Defense subindustry, Shaanxi Huaqin Technology Industry 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.


Shaanxi Huaqin Technology Industry Co's Debt-to-Equity Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Shaanxi Huaqin Technology Industry Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Shaanxi Huaqin Technology Industry Co's Debt-to-Equity falls into.



Shaanxi Huaqin Technology Industry Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Shaanxi Huaqin Technology Industry Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Shaanxi Huaqin Technology Industry 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.


Shaanxi Huaqin Technology Industry Co  (SHSE:688281) 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.


Shaanxi Huaqin Technology Industry Co Debt-to-Equity Related Terms

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


Shaanxi Huaqin Technology Industry Co (SHSE:688281) Business Description

Traded in Other Exchanges
N/A
Address
No. 188 West Avenue, High-tech Zone, Shaanxi Province, Xi'an City, CHN, 710119
Shaanxi Huaqin Technology Industry Co Ltd specializes in the research and development, production and sales of stealth materials, camouflage materials and protective materials. The products and technologies are mainly used in the stealth of national defense weapons and equipment, the camouflage of important ground military targets and the surface protection of various equipment.
Executives
Li Peng Senior management, core technical personnel
Huang Zhi Bin Directors, senior managers, core technical personn
Xu Jian Sheng senior management
Zhe Sheng Yang Director
Zhou Wan Cheng Directors, senior managers, core technical personn
Dou Yong Qing Senior management, core technical personnel
Wang Jun Fang senior management
Luo Fa Director
Wu Teng Fei Director
Sun Ji Zhou Director

Shaanxi Huaqin Technology Industry Co (SHSE:688281) Headlines

No Headlines