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Suzhou Good-Ark Electronics Co (SZSE:002079) Debt-to-Equity : 0.14 (As of Mar. 2024)


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What is Suzhou Good-Ark Electronics Co Debt-to-Equity?

Suzhou Good-Ark Electronics Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥398 Mil. Suzhou Good-Ark Electronics Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥9 Mil. Suzhou Good-Ark Electronics Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥2,918 Mil. Suzhou Good-Ark Electronics Co's debt to equity for the quarter that ended in Mar. 2024 was 0.14.

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 Suzhou Good-Ark Electronics Co's Debt-to-Equity or its related term are showing as below:

SZSE:002079' s Debt-to-Equity Range Over the Past 10 Years
Min: 0   Med: 0.01   Max: 0.14
Current: 0.14

During the past 13 years, the highest Debt-to-Equity Ratio of Suzhou Good-Ark Electronics Co was 0.14. The lowest was 0.00. And the median was 0.01.

SZSE:002079's Debt-to-Equity is ranked better than
63.2% of 875 companies
in the Semiconductors industry
Industry Median: 0.26 vs SZSE:002079: 0.14

Suzhou Good-Ark Electronics Co Debt-to-Equity Historical Data

The historical data trend for Suzhou Good-Ark Electronics 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.

Suzhou Good-Ark Electronics Co Debt-to-Equity Chart

Suzhou Good-Ark Electronics Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 0.03 0.03 0.07 0.12

Suzhou Good-Ark Electronics Co Quarterly Data
Jun19 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 0.06 0.06 0.07 0.12 0.14

Competitive Comparison of Suzhou Good-Ark Electronics Co's Debt-to-Equity

For the Semiconductors subindustry, Suzhou Good-Ark Electronics 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.


Suzhou Good-Ark Electronics Co's Debt-to-Equity Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Suzhou Good-Ark Electronics Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Suzhou Good-Ark Electronics Co's Debt-to-Equity falls into.



Suzhou Good-Ark Electronics Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Suzhou Good-Ark Electronics Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Suzhou Good-Ark Electronics 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.


Suzhou Good-Ark Electronics Co  (SZSE:002079) 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.


Suzhou Good-Ark Electronics Co Debt-to-Equity Related Terms

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Suzhou Good-Ark Electronics Co (SZSE:002079) Business Description

Traded in Other Exchanges
N/A
Address
No. 31, Tongxi Road, Tongan Development Zone, Jiangsu, Suzhou, CHN, 215002
Suzhou Good-Ark Electronics Co Ltd is a China-based company engaged in the semiconductor industry. It designs, manufactures, packages and sells semiconductors. The products offered by the company include the leadless integrated circuits and discrete devices, automotive rectifier diode, power modules, rectifier diode chip, silicon rectifier diodes, switching diodes, Zener diodes, miniature bridges, military fuse, and photovoltaic bypass module. The company sells its products in China and other countries.
Executives
Wu Nian Bo Director
Xie Qian Qian Executives
Teng You Xi Directors, executives
Yang Xiao Ping Executives
Gu Mei Jun Executives
Wen Su Bin Independent director
Tang Zai Nan Directors, executives
Yang Shuo Securities Affairs Representative
Huang Hao Rong Supervisors
Lu Fei Min Supervisors
Jiang Xiao Hang Supervisors

Suzhou Good-Ark Electronics Co (SZSE:002079) Headlines

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