Hwa Create (SZSE:300045) Debt-to-Equity : 0.05 (As of Mar. 2024)

View and export this data going back to 2010. Start your Free Trial

What is Hwa Create Debt-to-Equity?

Hwa Create's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥78.9 Mil. Hwa Create's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥5.1 Mil. Hwa Create's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥1,740.6 Mil. Hwa Create's debt to equity for the quarter that ended in Mar. 2024 was 0.05.

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 Hwa Create's Debt-to-Equity or its related term are showing as below:

SZSE:300045' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.03 Max: 0.14
Current: 0.05

During the past 13 years, the highest Debt-to-Equity Ratio of Hwa Create was 0.14. The lowest was 0.00. And the median was 0.03.

SZSE:300045's Debt-to-Equity is ranked better than
91.05% of 257 companies
in the Aerospace & Defense industry
Industry Median: 0.44 vs SZSE:300045: 0.05

Hwa Create Debt-to-Equity Historical Data

The historical data trend for Hwa Create'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.

Hwa Create Debt-to-Equity Chart

Hwa Create Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.06

0.09

0.11

0.03

0.05

Hwa Create 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															0.03	0.04	0.04	0.05	0.05

Competitive Comparison of Hwa Create's Debt-to-Equity

For the Aerospace & Defense subindustry, Hwa Create'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.

Hwa Create's Debt-to-Equity Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Hwa Create's Debt-to-Equity distribution charts can be found below:

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

Hwa Create Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(75.882	+	4.769)	/	1739.446
	=	0.05

Hwa Create's Debt to Equity Ratio for the quarter that ended in Mar. 2024 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(78.937	+	5.143)	/	1740.635
	=	0.05

Hwa Create (SZSE:300045) 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.

Hwa Create Debt-to-Equity Related Terms

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

Hwa Create (SZSE:300045) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Hwa Create Corp (SZSE:300045) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 8 Dongbeiwangxi Road, Chuangtong Technology Building, Building 18, Zhongguancun Software Park, Haidian District, Beijing, CHN, 100193

Website

http://www.hwacreate.com.cn

Hwa Create Corp is a China-based company engaged in the research and development, manufacturing, and sale of technologies and products of satellite navigation, radar and communication, navigation and communication antenna and embedded system. Its products are used in electromechanical industries of aviation, aerospace, ship and emulation training. The products of the company include Beidou satellite navigation chips, application modules, and their corresponding simulated test devices, designated antenna for satellite navigation, embedded modules and simulated test devices for radar and communication system, computer simulation and test platform for the electromechanical system, and computer simulation application development services.

Hwa Create (SZSE:300045) Headlines

No Headlines