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Nantong Jianghai Capacitor Co (SZSE:002484) Debt-to-Equity : 0.07 (As of Mar. 2024)


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What is Nantong Jianghai Capacitor Co Debt-to-Equity?

Nantong Jianghai Capacitor Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥225 Mil. Nantong Jianghai Capacitor Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥163 Mil. Nantong Jianghai Capacitor Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥5,613 Mil. Nantong Jianghai Capacitor Co's debt to equity for the quarter that ended in Mar. 2024 was 0.07.

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

SZSE:002484' s Debt-to-Equity Range Over the Past 10 Years
Min: 0   Med: 0.03   Max: 0.08
Current: 0.07

During the past 13 years, the highest Debt-to-Equity Ratio of Nantong Jianghai Capacitor Co was 0.08. The lowest was 0.00. And the median was 0.03.

SZSE:002484's Debt-to-Equity is ranked better than
79.49% of 2623 companies
in the Industrial Products industry
Industry Median: 0.28 vs SZSE:002484: 0.07

Nantong Jianghai Capacitor Co Debt-to-Equity Historical Data

The historical data trend for Nantong Jianghai Capacitor 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.

Nantong Jianghai Capacitor Co Debt-to-Equity Chart

Nantong Jianghai Capacitor 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 0.05 0.06 0.06 0.06 0.07

Nantong Jianghai Capacitor 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 0.07 0.08 0.07 0.07 0.07

Competitive Comparison of Nantong Jianghai Capacitor Co's Debt-to-Equity

For the Electrical Equipment & Parts subindustry, Nantong Jianghai Capacitor 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.


Nantong Jianghai Capacitor Co's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Nantong Jianghai Capacitor Co's Debt-to-Equity distribution charts can be found below:

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



Nantong Jianghai Capacitor Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Nantong Jianghai Capacitor Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Nantong Jianghai Capacitor 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.


Nantong Jianghai Capacitor Co  (SZSE:002484) 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.


Nantong Jianghai Capacitor Co Debt-to-Equity Related Terms

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Nantong Jianghai Capacitor Co (SZSE:002484) Business Description

Traded in Other Exchanges
N/A
Address
No.79 Tongyang South Road, Pingchao Town, Nantong, Jiangsu, CHN, 226361
Nantong Jianghai Capacitor Co Ltd is mainly engaged in the manufacture, sales, and service of capacitors, related materials, and accessories. Its products include aluminum electrolytic capacitor, film capacitor, a super capacitor. The company's products are used in various fields, including industrial automation, power supply, consumer electronics, lifting equipment, transportation, and new energy sectors.
Executives
Lu Jun Directors, executives
Shao Guo Zhu Executives
Ding Ji Hua Directors, executives
Gu Hong Zhong Executives
Gu Yi Ming Executives
Wang Jun Executives
Xu Yong Hua Executives
Wang Han Ming Directors, executives
Xu You Long Independent director
Song Guo Hua Supervisors
Chen Wei Dong Director
Shao Mei Juan Supervisors
Chen Zhong Yi Independent director
Cheng Zhi Ming Independent director

Nantong Jianghai Capacitor Co (SZSE:002484) Headlines

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