OPT Machine Vision Tech Co (SHSE:688686) Debt-to-Equity : 0.00 (As of Sep. 2024)

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What is OPT Machine Vision Tech Co Debt-to-Equity?

OPT Machine Vision Tech Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ¥0.0 Mil. OPT Machine Vision Tech Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ¥0.0 Mil. OPT Machine Vision Tech Co's Total Stockholders Equity for the quarter that ended in Sep. 2024 was ¥2,933.8 Mil. OPT Machine Vision Tech Co's debt to equity for the quarter that ended in Sep. 2024 was 0.00.

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 OPT Machine Vision Tech Co's Debt-to-Equity or its related term are showing as below:

During the past 7 years, the highest Debt-to-Equity Ratio of OPT Machine Vision Tech Co was 0.04. The lowest was 0.00. And the median was 0.00.

SHSE:688686's Debt-to-Equity is not ranked ^*
in the Hardware industry.
Industry Median: 0.29
* Ranked among companies with meaningful Debt-to-Equity only.

OPT Machine Vision Tech Co Debt-to-Equity Historical Data

The historical data trend for OPT Machine Vision Tech 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.

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OPT Machine Vision Tech Co Debt-to-Equity Chart

OPT Machine Vision Tech Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.01

OPT Machine Vision Tech 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															-	-	-	-	-

Competitive Comparison of OPT Machine Vision Tech Co's Debt-to-Equity

For the Electronic Components subindustry, OPT Machine Vision Tech 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.

OPT Machine Vision Tech Co's Debt-to-Equity Distribution in the Hardware Industry

For the Hardware industry and Technology sector, OPT Machine Vision Tech Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where OPT Machine Vision Tech Co's Debt-to-Equity falls into.

OPT Machine Vision Tech Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

OPT Machine Vision Tech 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
	=	(1.982	+	0)	/	2878.047
	=	0.00

OPT Machine Vision Tech Co's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(0	+	0)	/	2933.819
	=	0.00

OPT Machine Vision Tech Co (SHSE:688686) 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.

OPT Machine Vision Tech Co Debt-to-Equity Related Terms

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OPT Machine Vision Tech Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » OPT Machine Vision Tech Co Ltd (SHSE:688686) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 8, Jinsheng Road, Henan Industrial Zone, Jinxia Community, Chang'an Town, Guangdong Province, Dongguan, CHN, 523853

Website

https://www.optmv.com

OPT Machine Vision Tech Co Ltd is a supplier of core automation components. OPT products include vision systems, light sources, lenses, industrial cameras, 3D laser sensors, industrial barcode readers and others.

Executives

Lu Sheng Lin	Directors, senior managers, core technical personn
Lu Zhi Lin	Directors, senior managers
Xu Xue Liang	Directors, senior managers
He Zhen Zhen	Core technical personnel
Li Jiang Feng	Core technical personnel
Ye Jian Ping	senior management
Li Mao Bo	Director

OPT Machine Vision Tech Co Headlines

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