Youngy Co (SZSE:002192) Debt-to-Equity : 0.06 (As of Mar. 2024)

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What is Youngy Co Debt-to-Equity?

Youngy Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥170 Mil. Youngy Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥11 Mil. Youngy Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥3,249 Mil. Youngy Co's debt to equity for the quarter that ended in Mar. 2024 was 0.06.

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

SZSE:002192' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02 Med: 0.15 Max: 1.4
Current: 0.06

During the past 13 years, the highest Debt-to-Equity Ratio of Youngy Co was 1.40. The lowest was 0.02. And the median was 0.15.

SZSE:002192's Debt-to-Equity is ranked better than
83.95% of 1396 companies
in the Chemicals industry
Industry Median: 0.35 vs SZSE:002192: 0.06

Youngy Co Debt-to-Equity Historical Data

The historical data trend for Youngy 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.

Youngy Co Debt-to-Equity Chart

Youngy Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.07

0.26

0.03

0.08

Youngy 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															0.03	0.07	0.08	0.08	0.06

Competitive Comparison of Youngy Co's Debt-to-Equity

For the Chemicals subindustry, Youngy 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.

Youngy Co's Debt-to-Equity Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Youngy Co's Debt-to-Equity distribution charts can be found below:

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

Youngy Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Youngy 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
	=	(248.939	+	17.459)	/	3220.366
	=	0.08

Youngy 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
	=	(169.951	+	11.405)	/	3248.564
	=	0.06

Youngy Co (SZSE:002192) 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.

Youngy Co Debt-to-Equity Related Terms

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Youngy Co (SZSE:002192) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Youngy Co Ltd (SZSE:002192) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

Guangzhou Zhujiang Road, Main Tower, 45th floor, unit 04-05, 5th Guangzhou International Finance Center, Tianhe District, Guangzhou, CHN, 510635

Website

http://www.luxiang.cn

Youngy Co Ltd is engaged in the production and sale of asphalt products. The company is also involved in the lithium production business. Its main products include Lithium concentrate, Industrial grade lithium carbonate, Battery grade lithium carbonate, Lithium hydroxide monohydrate. Its products used in chemical, metallurgy, petroleum, glass, ceramic industry.

Youngy Co (SZSE:002192) Headlines

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