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Fujian Yuanli Active Carbon Co (SZSE:300174) Debt-to-Equity : 0.13 (As of Mar. 2024)


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What is Fujian Yuanli Active Carbon Co Debt-to-Equity?

Fujian Yuanli Active Carbon Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥354 Mil. Fujian Yuanli Active Carbon Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥45 Mil. Fujian Yuanli Active Carbon Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥3,186 Mil. Fujian Yuanli Active Carbon Co's debt to equity for the quarter that ended in Mar. 2024 was 0.13.

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 Fujian Yuanli Active Carbon Co's Debt-to-Equity or its related term are showing as below:

SZSE:300174' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02   Med: 0.4   Max: 0.89
Current: 0.13

During the past 13 years, the highest Debt-to-Equity Ratio of Fujian Yuanli Active Carbon Co was 0.89. The lowest was 0.02. And the median was 0.40.

SZSE:300174's Debt-to-Equity is ranked better than
73.44% of 1397 companies
in the Chemicals industry
Industry Median: 0.35 vs SZSE:300174: 0.13

Fujian Yuanli Active Carbon Co Debt-to-Equity Historical Data

The historical data trend for Fujian Yuanli Active Carbon 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.

Fujian Yuanli Active Carbon Co Debt-to-Equity Chart

Fujian Yuanli Active Carbon 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 0.45 0.03 0.41 0.11 0.10

Fujian Yuanli Active Carbon 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 0.10 0.12 0.12 0.10 0.13

Competitive Comparison of Fujian Yuanli Active Carbon Co's Debt-to-Equity

For the Specialty Chemicals subindustry, Fujian Yuanli Active Carbon 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.


Fujian Yuanli Active Carbon Co's Debt-to-Equity Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Fujian Yuanli Active Carbon Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Fujian Yuanli Active Carbon Co's Debt-to-Equity falls into.



Fujian Yuanli Active Carbon Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Fujian Yuanli Active Carbon Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Fujian Yuanli Active Carbon 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.


Fujian Yuanli Active Carbon Co  (SZSE:300174) 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.


Fujian Yuanli Active Carbon Co Debt-to-Equity Related Terms

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Fujian Yuanli Active Carbon Co (SZSE:300174) Business Description

Traded in Other Exchanges
N/A
Address
Fujian Bayi Road 356, Nanping, CHN, 353000
Fujian Yuanli Active Carbon Co Ltd is engaged in manufacturing and supplying wood-based activated carbon in China. Its products include industrial and civil activated carbon. Its products are used in food fermentation, beverage, pharmaceuticals, water treatment, and air purification industries. The company sells its products in various countries including France, Russia, Italy, Australia, Japan, Thailand, India, Korea, South Africa, and other countries.

Fujian Yuanli Active Carbon Co (SZSE:300174) Headlines

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