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Mloptic (SHSE:688502) Debt-to-Equity : 0.06 (As of Mar. 2024)


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What is Mloptic Debt-to-Equity?

Mloptic's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥70.0 Mil. Mloptic's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥4.3 Mil. Mloptic's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥1,196.5 Mil. Mloptic'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 Mloptic's Debt-to-Equity or its related term are showing as below:

SHSE:688502' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02   Med: 0.13   Max: 0.3
Current: 0.06

During the past 9 years, the highest Debt-to-Equity Ratio of Mloptic was 0.30. The lowest was 0.02. And the median was 0.13.

SHSE:688502's Debt-to-Equity is ranked better than
81.14% of 2195 companies
in the Hardware industry
Industry Median: 0.28 vs SHSE:688502: 0.06

Mloptic Debt-to-Equity Historical Data

The historical data trend for Mloptic'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.

Mloptic Debt-to-Equity Chart

Mloptic Annual Data
Trend Dec13 Dec14 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only 0.13 0.30 0.27 0.27 0.02

Mloptic Quarterly Data
Dec13 Dec14 Mar15 Dec17 Dec18 Dec19 Mar20 Dec20 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 0.06 0.05 0.02 0.02 0.06

Competitive Comparison of Mloptic's Debt-to-Equity

For the Scientific & Technical Instruments subindustry, Mloptic'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.


Mloptic's Debt-to-Equity Distribution in the Hardware Industry

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

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



Mloptic Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Mloptic'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.


Mloptic  (SHSE:688502) 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.


Mloptic Debt-to-Equity Related Terms

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


Mloptic (SHSE:688502) Business Description

Traded in Other Exchanges
N/A
Address
No. 398 Pugang Street, Jiangning Development Zone, Jiangsu Province, Nanjing, CHN, 211102
Mloptic Corp is engaged in the research and development, design, manufacture and sales of precision optical devices, optical lenses and optical systems.

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