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Valiant Co (SZSE:002643) Debt-to-Equity : 0.27 (As of Sep. 2024)


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What is Valiant Co Debt-to-Equity?

Valiant Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ¥522 Mil. Valiant Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ¥1,359 Mil. Valiant Co's Total Stockholders Equity for the quarter that ended in Sep. 2024 was ¥7,038 Mil. Valiant Co's debt to equity for the quarter that ended in Sep. 2024 was 0.27.

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

SZSE:002643' s Debt-to-Equity Range Over the Past 10 Years
Min: 0   Med: 0.1   Max: 0.3
Current: 0.27

During the past 13 years, the highest Debt-to-Equity Ratio of Valiant Co was 0.30. The lowest was 0.00. And the median was 0.10.

SZSE:002643's Debt-to-Equity is ranked better than
58.29% of 1388 companies
in the Chemicals industry
Industry Median: 0.36 vs SZSE:002643: 0.27

Valiant Co Debt-to-Equity Historical Data

The historical data trend for Valiant 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.

Valiant Co Debt-to-Equity Chart

Valiant 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 0.04 0.11 0.09 0.13 0.20

Valiant Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.21 0.20 0.23 0.27 0.27

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

For the Chemicals subindustry, Valiant 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.


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

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

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



Valiant Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Valiant Co's Debt to Equity Ratio for the quarter that ended in Sep. 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.


Valiant Co  (SZSE:002643) 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.


Valiant Co Debt-to-Equity Related Terms

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


Valiant Co Business Description

Traded in Other Exchanges
N/A
Address
No. 11, Wuzhishan Road, Economic and Technological Development Zone, Shandong Province, Yantai, CHN, 264006
Valiant Co Ltd is a China-based company principally engaged in the research, development, manufacture and sale of electronic information materials, environmental protection materials and health-care materials. The company's main products include liquid crystal, monomer, organic light emitting diode materials, APIs, intermediates and other chemicals. Geographically the activities are carried out through China.
Executives
Wang Ji Hua Executives
Wang Huan Jie Directors, executives
Leng Qian Director
Wang Zhong Li Directors, executives
Zhao Feng Qi Director
Gao Bin Executives
Hu Bao Hua Executives
Zhang Peng Supervisors
Zuo Zhuo Independent director
Hu Tian Xiao Supervisors
Xiao Yong Qiang Executives
Dai Xiu Yun Executives
Dong Zhi Zhong Supervisors

Valiant Co Headlines

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