Guangxi Oriental Intelligent Manufacturing Technology Co (SZSE:002175) Debt-to-Equity : 0.11 (As of Mar. 2024)

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What is Guangxi Oriental Intelligent Manufacturing Technology Co Debt-to-Equity?

Guangxi Oriental Intelligent Manufacturing Technology Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥29.2 Mil. Guangxi Oriental Intelligent Manufacturing Technology Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥37.4 Mil. Guangxi Oriental Intelligent Manufacturing Technology Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥582.0 Mil. Guangxi Oriental Intelligent Manufacturing Technology Co's debt to equity for the quarter that ended in Mar. 2024 was 0.11.

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 Guangxi Oriental Intelligent Manufacturing Technology Co's Debt-to-Equity or its related term are showing as below:

SZSE:002175' s Debt-to-Equity Range Over the Past 10 Years
Min: -8.83 Med: 0.35 Max: 33.83
Current: 0.11

During the past 13 years, the highest Debt-to-Equity Ratio of Guangxi Oriental Intelligent Manufacturing Technology Co was 33.83. The lowest was -8.83. And the median was 0.35.

SZSE:002175's Debt-to-Equity is ranked better than
72.35% of 2195 companies
in the Hardware industry
Industry Median: 0.28 vs SZSE:002175: 0.11

Guangxi Oriental Intelligent Manufacturing Technology Co Debt-to-Equity Historical Data

The historical data trend for Guangxi Oriental Intelligent Manufacturing Technology 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.

Guangxi Oriental Intelligent Manufacturing Technology Co Debt-to-Equity Chart

Guangxi Oriental Intelligent Manufacturing Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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1.41

-1.13

0.16

0.08

Guangxi Oriental Intelligent Manufacturing Technology 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															0.07	0.06	0.05	0.08	0.11

Competitive Comparison of Guangxi Oriental Intelligent Manufacturing Technology Co's Debt-to-Equity

For the Scientific & Technical Instruments subindustry, Guangxi Oriental Intelligent Manufacturing Technology 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.

Guangxi Oriental Intelligent Manufacturing Technology Co's Debt-to-Equity Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Guangxi Oriental Intelligent Manufacturing Technology Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Guangxi Oriental Intelligent Manufacturing Technology Co's Debt-to-Equity falls into.

Guangxi Oriental Intelligent Manufacturing Technology Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Guangxi Oriental Intelligent Manufacturing Technology 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
	=	(18.769	+	30.106)	/	579.847
	=	0.08

Guangxi Oriental Intelligent Manufacturing Technology 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
	=	(29.182	+	37.427)	/	581.982
	=	0.11

Guangxi Oriental Intelligent Manufacturing Technology Co (SZSE:002175) 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.

Guangxi Oriental Intelligent Manufacturing Technology Co Debt-to-Equity Related Terms

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Guangxi Oriental Intelligent Manufacturing Technology Co (SZSE:002175) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Guangxi Oriental Intelligent Manufacturing Technology Co Ltd (SZSE:002175) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

National High-Tech Zone 5, Guangxi, Guilin, CHN, 541004

Website

http://www.guanglu.com.cn

Guangxi Oriental Intelligent Manufacturing Technology Co Ltd formerly Oriental Times Media Corp is a digital display measuring instrument manufacturer in China. The company mainly produces following categories of products: electronic digital display, precision mechanical caliper series products; precision mechanical micrometer series products; precision mechanical type indicator series products; digital precision instrumentation series products; automatic testing equipment solutions; and intelligent power bicycles. In addition, the company also manufactures non-standard electronic digital display measuring instruments. Approximately 60% of the products exported to more than 50 countries and regions such as Europe and the United States.

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