GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Hytera Communications Corp Ltd (SZSE:002583) » Definitions » Debt-to-Equity

Hytera Communications (SZSE:002583) Debt-to-Equity : 0.45 (As of Mar. 2024)


View and export this data going back to 2011. Start your Free Trial

What is Hytera Communications Debt-to-Equity?

Hytera Communications's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥2,443 Mil. Hytera Communications's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥237 Mil. Hytera Communications's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥5,962 Mil. Hytera Communications's debt to equity for the quarter that ended in Mar. 2024 was 0.45.

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 Hytera Communications's Debt-to-Equity or its related term are showing as below:

SZSE:002583' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.11   Med: 0.71   Max: 1.04
Current: 0.45

During the past 13 years, the highest Debt-to-Equity Ratio of Hytera Communications was 1.04. The lowest was 0.11. And the median was 0.71.

SZSE:002583's Debt-to-Equity is ranked worse than
63.99% of 2191 companies
in the Hardware industry
Industry Median: 0.29 vs SZSE:002583: 0.45

Hytera Communications Debt-to-Equity Historical Data

The historical data trend for Hytera Communications'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.

Hytera Communications Debt-to-Equity Chart

Hytera Communications 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 0.94 0.73 0.75 0.40 0.43

Hytera Communications 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 0.47 0.41 0.42 0.43 0.45

Competitive Comparison of Hytera Communications's Debt-to-Equity

For the Communication Equipment subindustry, Hytera Communications'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.


Hytera Communications's Debt-to-Equity Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Hytera Communications's Debt-to-Equity distribution charts can be found below:

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



Hytera Communications Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Hytera Communications's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Hytera Communications'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.


Hytera Communications  (SZSE:002583) 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.


Hytera Communications Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Hytera Communications's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Hytera Communications (SZSE:002583) Business Description

Traded in Other Exchanges
N/A
Address
North Ring Road, No. 9108 Hytera Building, Shenzhen Hi-Tech Industrial Park North, Nanshan District, Guangdong, Shenzhen, CHN, 518057
Hytera Communications Corp Ltd designs & manufactures professional wireless communications equipment, offering customized communication solutions to government, utility, enterprises & businesses to help achieve higher organizational efficiency.
Executives
Jiang Ye Lin Directors, executives
Zhu De You Supervisors
Peng Jian Feng Director
Chen Qing Zhou Director
Wu Mei Directors, executives
Tian Zhi Yong Securities Affairs Representative
Deng Feng Supervisors
Zhang Ju Directors, Directors, and Executives
Li Shao Qian Independent director
Zhang Yu Cheng Supervisors
Tan Xue Zhi Director
Ceng Hua Directors, executives
Wang Zhuo Supervisors
Fu Dong Hui Supervisors
Zhang Yong Securities Affairs Representative

Hytera Communications (SZSE:002583) Headlines

No Headlines