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Ledman Optoelectronic Co (SZSE:300162) Debt-to-Equity : 0.18 (As of Sep. 2024)


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What is Ledman Optoelectronic Co Debt-to-Equity?

Ledman Optoelectronic Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ¥135 Mil. Ledman Optoelectronic Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ¥29 Mil. Ledman Optoelectronic Co's Total Stockholders Equity for the quarter that ended in Sep. 2024 was ¥939 Mil. Ledman Optoelectronic Co's debt to equity for the quarter that ended in Sep. 2024 was 0.18.

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

SZSE:300162' s Debt-to-Equity Range Over the Past 10 Years
Min: 0   Med: 0.16   Max: 0.32
Current: 0.18

During the past 13 years, the highest Debt-to-Equity Ratio of Ledman Optoelectronic Co was 0.32. The lowest was 0.00. And the median was 0.16.

SZSE:300162's Debt-to-Equity is ranked better than
61.73% of 2179 companies
in the Hardware industry
Industry Median: 0.29 vs SZSE:300162: 0.18

Ledman Optoelectronic Co Debt-to-Equity Historical Data

The historical data trend for Ledman Optoelectronic 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.

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Ledman Optoelectronic Co Debt-to-Equity Chart

Ledman Optoelectronic 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 - 0.27 0.32 0.29 0.16

Ledman Optoelectronic 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 0.27 0.16 0.15 0.14 0.18

Competitive Comparison of Ledman Optoelectronic Co's Debt-to-Equity

For the Electronic Components subindustry, Ledman Optoelectronic 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.


Ledman Optoelectronic Co's Debt-to-Equity Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Ledman Optoelectronic Co's Debt-to-Equity distribution charts can be found below:

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



Ledman Optoelectronic Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Ledman Optoelectronic 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.


Ledman Optoelectronic Co  (SZSE:300162) 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.


Ledman Optoelectronic Co Debt-to-Equity Related Terms

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Ledman Optoelectronic Co Business Description

Traded in Other Exchanges
N/A
Address
Building 8, Block 2, Songbai Road, Xili Area, Baimang Baiwangxin Industrial Park, Nanshan District, Shenzhen, CHN, 518055
Ledman Optoelectronic Co Ltd is engaged in the LED middle and lower end business. The activities of the company include LED packaging, LED displays, LED lighting, LED media, and LED energy savings. The products of the company include patch white light SMD, fixed and outdoor displays, and COB small pitch display panel.
Executives
Wang Li Shan Director
Li Man Tie Directors, executives
Wang Shou Li Independent director
Luo Bing Directors, Directors, and Executives
Li Yue Zong Director
Wang Shao Fang Directors, executives

Ledman Optoelectronic Co Headlines

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