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Dalian Zhiyun Automation Co (SZSE:300097) Debt-to-Equity : 0.14 (As of Mar. 2024)


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What is Dalian Zhiyun Automation Co Debt-to-Equity?

Dalian Zhiyun Automation Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥84.7 Mil. Dalian Zhiyun Automation Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥5.2 Mil. Dalian Zhiyun Automation Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥632.9 Mil. Dalian Zhiyun Automation Co's debt to equity for the quarter that ended in Mar. 2024 was 0.14.

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

SZSE:300097' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.04   Med: 0.13   Max: 0.54
Current: 0.14

During the past 13 years, the highest Debt-to-Equity Ratio of Dalian Zhiyun Automation Co was 0.54. The lowest was 0.04. And the median was 0.13.

SZSE:300097's Debt-to-Equity is ranked better than
68.36% of 2623 companies
in the Industrial Products industry
Industry Median: 0.28 vs SZSE:300097: 0.14

Dalian Zhiyun Automation Co Debt-to-Equity Historical Data

The historical data trend for Dalian Zhiyun Automation 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.

Dalian Zhiyun Automation Co Debt-to-Equity Chart

Dalian Zhiyun Automation 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 0.14 0.16 0.21 0.54 0.13

Dalian Zhiyun Automation 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 0.50 0.14 0.13 0.13 0.14

Competitive Comparison of Dalian Zhiyun Automation Co's Debt-to-Equity

For the Specialty Industrial Machinery subindustry, Dalian Zhiyun Automation 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.


Dalian Zhiyun Automation Co's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Dalian Zhiyun Automation Co's Debt-to-Equity distribution charts can be found below:

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



Dalian Zhiyun Automation Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Dalian Zhiyun Automation 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.


Dalian Zhiyun Automation Co  (SZSE:300097) 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.


Dalian Zhiyun Automation Co Debt-to-Equity Related Terms

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Dalian Zhiyun Automation Co (SZSE:300097) Business Description

Traded in Other Exchanges
N/A
Address
21/F Ning an Building No 17, Huanghe Road, Xigang, Dalian, CHN, 116011
Dalian Zhiyun Automation Co Ltd develops automation manufacturing process systems and automation equipment. The company's products include Auto Test Machine Line; Auto Convey Machine; Auto Dealer Maachine WahMachine; Filter Machine; and Assembly Line.
Executives
Ma Yu Director
Shi Li Quan Directors, executives
Yang Yin Sheng Director
Wu Qian Supervisors
Ren Tong Directors, Directors, and Executives
Gao Peng Director
Tan Yong Liang Directors, executives
Zhang Shao Hui Directors, executives
Li Hong Executives
Di Yan Zhao Directors, executives
Pan Bin Executives

Dalian Zhiyun Automation Co (SZSE:300097) Headlines

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