Nanjng YueBoo Power System Co (SZSE:300742) Debt-to-Equity : -3.31 (As of Sep. 2023)

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What is Nanjng YueBoo Power System Co Debt-to-Equity?

Nanjng YueBoo Power System Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ¥694.5 Mil. Nanjng YueBoo Power System Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ¥27.5 Mil. Nanjng YueBoo Power System Co's Total Stockholders Equity for the quarter that ended in Sep. 2023 was ¥-218.1 Mil. Nanjng YueBoo Power System Co's debt to equity for the quarter that ended in Sep. 2023 was -3.31.

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 Nanjng YueBoo Power System Co's Debt-to-Equity or its related term are showing as below:

SZSE:300742' s Debt-to-Equity Range Over the Past 10 Years
Min: -8.21 Med: 0.59 Max: 55.33
Current: -3.31

During the past 10 years, the highest Debt-to-Equity Ratio of Nanjng YueBoo Power System Co was 55.33. The lowest was -8.21. And the median was 0.59.

SZSE:300742's Debt-to-Equity is not ranked
in the Vehicles & Parts industry.
Industry Median: 0.47 vs SZSE:300742: -3.31

Nanjng YueBoo Power System Co Debt-to-Equity Historical Data

The historical data trend for Nanjng YueBoo Power System 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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Nanjng YueBoo Power System Co Debt-to-Equity Chart

Nanjng YueBoo Power System Co Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

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0.43

2.25

1.98

4.83

-8.21

Nanjng YueBoo Power System Co Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial															55.33	-8.21	-6.59	-4.37	-3.31

Competitive Comparison of Nanjng YueBoo Power System Co's Debt-to-Equity

For the Auto Parts subindustry, Nanjng YueBoo Power System 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.

Nanjng YueBoo Power System Co's Debt-to-Equity Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Nanjng YueBoo Power System Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Nanjng YueBoo Power System Co's Debt-to-Equity falls into.

Nanjng YueBoo Power System Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Nanjng YueBoo Power System Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 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
	=	(664.117	+	22.422)	/	-83.599
	=	-8.21

Nanjng YueBoo Power System Co's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(694.499	+	27.476)	/	-218.108
	=	-3.31

Nanjng YueBoo Power System Co (SZSE:300742) 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.

Nanjng YueBoo Power System Co Debt-to-Equity Related Terms

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Nanjng YueBoo Power System Co (SZSE:300742) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Nanjng YueBoo Power System Co Ltd (SZSE:300742) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

No. 12, Wenshao Road, Binjiang Economic Development Zone, International Talent Harbor, Xincheng Science and Technology Park, Jianye District, Nanjing, CHN

Website

http://www.yuebooemt.com

Nanjng YueBoo Power System Co Ltd develops, manufactures, and sells automotive power systems. The company produces new energy automotive powertrain systems, motor control systems, vehicle control systems, automatic transmission system, and other related automotive systems. It is mainly used in the fields of pure electric buses, pure electric vehicles and other specialized vehicles.

Executives

Li Zhan Jiang	Directors, executives
He Ya Ping	Director
Gao Chao	Directors, executives

Nanjng YueBoo Power System Co (SZSE:300742) Headlines

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