Hangzhou Hota M&E Holdings Co (SZSE:001225) Debt-to-Equity : 0.00 (As of Mar. 2024)

View and export this data going back to 2023. Start your Free Trial

What is Hangzhou Hota M&E Holdings Co Debt-to-Equity?

Hangzhou Hota M&E Holdings Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥0.9 Mil. Hangzhou Hota M&E Holdings Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥1.4 Mil. Hangzhou Hota M&E Holdings Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥1,468.9 Mil. Hangzhou Hota M&E Holdings Co's debt to equity for the quarter that ended in Mar. 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 Hangzhou Hota M&E Holdings Co's Debt-to-Equity or its related term are showing as below:

During the past 6 years, the highest Debt-to-Equity Ratio of Hangzhou Hota M&E Holdings Co was 0.04. The lowest was 0.00. And the median was 0.00.

SZSE:001225's Debt-to-Equity is not ranked ^*
in the Industrial Products industry.
Industry Median: 0.285
* Ranked among companies with meaningful Debt-to-Equity only.

Hangzhou Hota M&E Holdings Co Debt-to-Equity Historical Data

The historical data trend for Hangzhou Hota M&E Holdings 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.

Hangzhou Hota M&E Holdings Co Debt-to-Equity Chart

Hangzhou Hota M&E Holdings Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

Hangzhou Hota M&E Holdings Co Quarterly Data
	Dec18	Dec19	Dec20	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial									-	-	-	-	-

Competitive Comparison of Hangzhou Hota M&E Holdings Co's Debt-to-Equity

For the Specialty Industrial Machinery subindustry, Hangzhou Hota M&E Holdings 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.

Hangzhou Hota M&E Holdings Co's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Hangzhou Hota M&E Holdings Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Hangzhou Hota M&E Holdings Co's Debt-to-Equity falls into.

Hangzhou Hota M&E Holdings Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Hangzhou Hota M&E Holdings 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
	=	(0.397	+	0.91)	/	1447.713
	=	0.00

Hangzhou Hota M&E Holdings 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
	=	(0.878	+	1.418)	/	1468.867
	=	0.00

Hangzhou Hota M&E Holdings Co (SZSE:001225) 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.

Hangzhou Hota M&E Holdings Co Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Hangzhou Hota M&E Holdings Co's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Hangzhou Hota M&E Holdings Co (SZSE:001225) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Hangzhou Hota M&E Holdings Co Ltd (SZSE:001225) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1201, Tonghui North Road, Ningwei Street, Xiaoshan District, Zhejiang Province, Hangzhou, CHN, 311215

Website

http://www.hota.com.cn

Hangzhou Hota M&E Holdings Co Ltd is engaged in the research and development, design, manufacture and sales of material handling equipment. The company's main products include plate chain bucket elevators, belt bucket elevators and other series of conveying equipment and accessories, which are widely used in cement building materials, ports, steel, chemical and other industries, providing customers with environmentally friendly and efficient bulk materials Handling solutions.

Hangzhou Hota M&E Holdings Co (SZSE:001225) Headlines

No Headlines