Biwin Storage Technology Co (SHSE:688525) Debt-to-Equity : 1.64 (As of Mar. 2024)

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

What is Biwin Storage Technology Co Debt-to-Equity?

Biwin Storage Technology Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥2,969 Mil. Biwin Storage Technology Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥570 Mil. Biwin Storage Technology Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥2,161 Mil. Biwin Storage Technology Co's debt to equity for the quarter that ended in Mar. 2024 was 1.64.

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 Biwin Storage Technology Co's Debt-to-Equity or its related term are showing as below:

SHSE:688525' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.15 Med: 0.66 Max: 1.86
Current: 1.64

During the past 6 years, the highest Debt-to-Equity Ratio of Biwin Storage Technology Co was 1.86. The lowest was 0.15. And the median was 0.66.

SHSE:688525's Debt-to-Equity is ranked worse than
93.03% of 875 companies
in the Semiconductors industry
Industry Median: 0.26 vs SHSE:688525: 1.64

Biwin Storage Technology Co Debt-to-Equity Historical Data

The historical data trend for Biwin Storage Technology 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.

Biwin Storage Technology Co Debt-to-Equity Chart

Biwin Storage Technology Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.27

0.25

0.66

1.86

Biwin Storage Technology Co Quarterly Data
	Dec18	Dec19	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial										1.04	1.48	1.82	1.86	1.64

Competitive Comparison of Biwin Storage Technology Co's Debt-to-Equity

For the Semiconductors subindustry, Biwin Storage Technology 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.

Biwin Storage Technology Co's Debt-to-Equity Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Biwin Storage Technology Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Biwin Storage Technology Co's Debt-to-Equity falls into.

Biwin Storage Technology Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(3069.121	+	510.572)	/	1928.296
	=	1.86

Biwin Storage Technology Co's Debt to Equity Ratio for the quarter that ended in Mar. 2024 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(2969.213	+	570.309)	/	2160.828
	=	1.64

Biwin Storage Technology Co (SHSE:688525) 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.

Biwin Storage Technology Co Debt-to-Equity Related Terms

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

Biwin Storage Technology Co (SHSE:688525) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Biwin Storage Technology Co Ltd (SHSE:688525) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1213, Liuxian Avenue, Taoyuan Street, Floor 1-3, Building 4, Building 4, Zone 2, Zhongguan Honghualing Industrial South District, Pingshan Community, Nanshan District, Guangdong, Shenzhen, CHN, 518055

Website

https://www.biwin.com.cn

Biwin Storage Technology Co Ltd focuses on the research and development and packaging and testing of memory chips. The company integrates storage medium characteristic research, firmware algorithm development, storage chip advanced packaging, storage chip test equipment R&D and algorithm development, brand operation and others. Its memory chip products are widely used in mobile smart terminals, PCs, industry terminals, data centers, smart cars, mobile storage and other information technology fields.

Biwin Storage Technology Co (SHSE:688525) Headlines

No Headlines