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Shandong Jinling Mining Co (SZSE:000655) Debt-to-Equity : 0.00 (As of Sep. 2024)


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What is Shandong Jinling Mining Co Debt-to-Equity?

Shandong Jinling Mining Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ¥1 Mil. Shandong Jinling Mining Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ¥4 Mil. Shandong Jinling Mining Co's Total Stockholders Equity for the quarter that ended in Sep. 2024 was ¥3,329 Mil. Shandong Jinling Mining 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 Shandong Jinling Mining Co's Debt-to-Equity or its related term are showing as below:

During the past 13 years, the highest Debt-to-Equity Ratio of Shandong Jinling Mining Co was 0.06. The lowest was 0.00. And the median was 0.02.

SZSE:000655's Debt-to-Equity is not ranked *
in the Steel industry.
Industry Median: 0.43
* Ranked among companies with meaningful Debt-to-Equity only.

Shandong Jinling Mining Co Debt-to-Equity Historical Data

The historical data trend for Shandong Jinling Mining 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.

Shandong Jinling Mining Co Debt-to-Equity Chart

Shandong Jinling Mining Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
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Shandong Jinling Mining Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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Competitive Comparison of Shandong Jinling Mining Co's Debt-to-Equity

For the Coking Coal subindustry, Shandong Jinling Mining 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.


Shandong Jinling Mining Co's Debt-to-Equity Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Shandong Jinling Mining Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Shandong Jinling Mining Co's Debt-to-Equity falls into.



Shandong Jinling Mining Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Shandong Jinling Mining Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Shandong Jinling Mining Co's Debt to Equity Ratio for the quarter that ended in Sep. 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.


Shandong Jinling Mining Co  (SZSE:000655) 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.


Shandong Jinling Mining Co Debt-to-Equity Related Terms

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Shandong Jinling Mining Co Business Description

Traded in Other Exchanges
N/A
Address
Zhongbu Town, Zhangdian District, Zibo, Shandong, CHN, 255081
Shandong Jinling Mining Co Ltd operates in ferrous metal mining and dressing industry. The products of the company include iron concentrates, cobalt concentrates, pellets, and other products. The company also provides services like equipment management and maintenance, mineral processing, and technical and engineering contracting services.
Executives
Wang Yi Director
Xu Dong Ting Executives
Yang Le Shen Supervisors

Shandong Jinling Mining Co Headlines

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