GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Monalisa Group Co Ltd (SZSE:002918) » Definitions » Debt-to-Equity

Monalisa Group Co (SZSE:002918) Debt-to-Equity : 0.89 (As of Mar. 2024)


View and export this data going back to 2017. Start your Free Trial

What is Monalisa Group Co Debt-to-Equity?

Monalisa Group Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥1,096 Mil. Monalisa Group Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥1,973 Mil. Monalisa Group Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥3,466 Mil. Monalisa Group Co's debt to equity for the quarter that ended in Mar. 2024 was 0.89.

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

SZSE:002918' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.05   Med: 0.42   Max: 1.38
Current: 0.89

During the past 11 years, the highest Debt-to-Equity Ratio of Monalisa Group Co was 1.38. The lowest was 0.05. And the median was 0.42.

SZSE:002918's Debt-to-Equity is ranked worse than
72.61% of 1519 companies
in the Construction industry
Industry Median: 0.44 vs SZSE:002918: 0.89

Monalisa Group Co Debt-to-Equity Historical Data

The historical data trend for Monalisa Group 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.

Monalisa Group Co Debt-to-Equity Chart

Monalisa Group 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 0.38 0.73 0.93 0.89

Monalisa Group 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 0.97 0.90 0.86 0.89 0.89

Competitive Comparison of Monalisa Group Co's Debt-to-Equity

For the Building Products & Equipment subindustry, Monalisa Group 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.


Monalisa Group Co's Debt-to-Equity Distribution in the Construction Industry

For the Construction industry and Industrials sector, Monalisa Group Co's Debt-to-Equity distribution charts can be found below:

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



Monalisa Group Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Monalisa Group 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.


Monalisa Group Co  (SZSE:002918) 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.


Monalisa Group Co Debt-to-Equity Related Terms

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


Monalisa Group Co (SZSE:002918) Business Description

Traded in Other Exchanges
N/A
Address
Taiping Industrial Zone, Xiqiao Town, Nanhai District, Guangdong Province, Foshan City, CHN, 528211
Monalisa Group Co Ltd is a China-based company is engaged in the production and sales of high-quality building ceramic products. Its products include ceramic tiles, porcelain panel, and ceramic art paintings.
Executives
Liu Yi Jun Executives
Chen Bing Yao Supervisors
Zhang Qi Kang Secretary, Director
Chen Feng Directors, executives

Monalisa Group Co (SZSE:002918) Headlines

No Headlines