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Hunan Warrant Pharmaceutical Co (SHSE:688799) Debt-to-Equity : 0.03 (As of Mar. 2024)


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What is Hunan Warrant Pharmaceutical Co Debt-to-Equity?

Hunan Warrant Pharmaceutical Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥0 Mil. Hunan Warrant Pharmaceutical Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥47 Mil. Hunan Warrant Pharmaceutical Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥1,784 Mil. Hunan Warrant Pharmaceutical Co's debt to equity for the quarter that ended in Mar. 2024 was 0.03.

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 Hunan Warrant Pharmaceutical Co's Debt-to-Equity or its related term are showing as below:

SHSE:688799' s Debt-to-Equity Range Over the Past 10 Years
Min: 0   Med: 0.06   Max: 0.1
Current: 0.03

During the past 10 years, the highest Debt-to-Equity Ratio of Hunan Warrant Pharmaceutical Co was 0.10. The lowest was 0.00. And the median was 0.06.

SHSE:688799's Debt-to-Equity is ranked better than
88.52% of 845 companies
in the Drug Manufacturers industry
Industry Median: 0.3 vs SHSE:688799: 0.03

Hunan Warrant Pharmaceutical Co Debt-to-Equity Historical Data

The historical data trend for Hunan Warrant Pharmaceutical 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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Hunan Warrant Pharmaceutical Co Debt-to-Equity Chart

Hunan Warrant Pharmaceutical Co Annual Data
Trend Dec13 Dec14 Dec15 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 0.01

Hunan Warrant Pharmaceutical Co Quarterly Data
Dec18 Sep19 Dec19 Mar20 Jun20 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 Premium Member Only Premium Member Only Premium Member Only - - - 0.01 0.03

Competitive Comparison of Hunan Warrant Pharmaceutical Co's Debt-to-Equity

For the Drug Manufacturers - Specialty & Generic subindustry, Hunan Warrant Pharmaceutical 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.


Hunan Warrant Pharmaceutical Co's Debt-to-Equity Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Hunan Warrant Pharmaceutical Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Hunan Warrant Pharmaceutical Co's Debt-to-Equity falls into.



Hunan Warrant Pharmaceutical Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Hunan Warrant Pharmaceutical Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Hunan Warrant Pharmaceutical 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.


Hunan Warrant Pharmaceutical Co  (SHSE:688799) 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.


Hunan Warrant Pharmaceutical Co Debt-to-Equity Related Terms

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Hunan Warrant Pharmaceutical Co (SHSE:688799) Business Description

Traded in Other Exchanges
N/A
Address
Liuyang Biomedical Park, Hunan Province, Changsha, CHN, 410331
Hunan Warrant Pharmaceutical Co Ltd is a pharmaceutical manufacturer. It is engaged in the research and development, production and sales of chemical raw materials, chemical medicine preparations and Chinese medicine preparations.
Executives
Jin Yan Supervisors

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