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Rastar Group (SZSE:300043) Debt-to-Equity : 0.92 (As of Sep. 2024)


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What is Rastar Group Debt-to-Equity?

Rastar Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ¥1,194 Mil. Rastar Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ¥359 Mil. Rastar Group's Total Stockholders Equity for the quarter that ended in Sep. 2024 was ¥1,695 Mil. Rastar Group's debt to equity for the quarter that ended in Sep. 2024 was 0.92.

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

SZSE:300043' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.23   Med: 0.8   Max: 1.16
Current: 0.92

During the past 13 years, the highest Debt-to-Equity Ratio of Rastar Group was 1.16. The lowest was 0.23. And the median was 0.80.

SZSE:300043's Debt-to-Equity is ranked worse than
68.51% of 686 companies
in the Travel & Leisure industry
Industry Median: 0.43 vs SZSE:300043: 0.92

Rastar Group Debt-to-Equity Historical Data

The historical data trend for Rastar Group'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.

Rastar Group Debt-to-Equity Chart

Rastar Group 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 0.69 0.59 0.79 0.84 0.76

Rastar Group 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 0.78 0.76 0.83 0.86 0.92

Competitive Comparison of Rastar Group's Debt-to-Equity

For the Leisure subindustry, Rastar Group'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.


Rastar Group's Debt-to-Equity Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Rastar Group's Debt-to-Equity distribution charts can be found below:

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


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Rastar Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Rastar Group'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.


Rastar Group  (SZSE:300043) 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.


Rastar Group Debt-to-Equity Related Terms

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


Rastar Group Business Description

Traded in Other Exchanges
N/A
Address
Xiadao Road, Xinghui Industril Park, Guang-Feng Industrial Zone, Shanghua Town, Chenghai District, Guangdong Province, Shantou, CHN, 510627
Rastar Group is a Chinese company involved in the development, manufacturing, and sale of model cars in China. It also manufactures RC auto model, Die cast car, Ride-on products, and baby safety car seats. The company sells its products in China and also exports its products to the international countries.
Executives
Lu Zui Lan Executives
Chen Yan Sheng Director
Zheng Ze Feng Directors, executives
You Shi Li Supervisors
Peng Fei Supervisors
Liu Yu Ling Executives
Huang Wen Sheng Securities Affairs Representative
Chen Yue Ping Supervisors
Cheng You Liang Supervisors
Huang Ting Director
Yang Nong Secretary, Director
Li Chun Guang Executives
Chen Feng Director
Tu Xin Director

Rastar Group Headlines

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