GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Mclon Jewellery Co Ltd (SZSE:300945) » Definitions » Debt-to-Equity

Mclon Jewellery Co (SZSE:300945) Debt-to-Equity : 0.05 (As of Mar. 2024)


View and export this data going back to 2021. Start your Free Trial

What is Mclon Jewellery Co Debt-to-Equity?

Mclon Jewellery Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥68 Mil. Mclon Jewellery Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥3 Mil. Mclon Jewellery Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥1,584 Mil. Mclon Jewellery Co's debt to equity for the quarter that ended in Mar. 2024 was 0.04.

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

SZSE:300945' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01   Med: 0.02   Max: 0.23
Current: 0.05

During the past 12 years, the highest Debt-to-Equity Ratio of Mclon Jewellery Co was 0.23. The lowest was 0.01. And the median was 0.02.

SZSE:300945's Debt-to-Equity is ranked better than
92.39% of 999 companies
in the Retail - Cyclical industry
Industry Median: 0.62 vs SZSE:300945: 0.05

Mclon Jewellery Co Debt-to-Equity Historical Data

The historical data trend for Mclon Jewellery 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.

Mclon Jewellery Co Debt-to-Equity Chart

Mclon Jewellery 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 - 0.03 0.02 0.02 0.04

Mclon Jewellery Co Quarterly Data
Dec18 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 0.02 0.02 0.01 0.04 0.05

Competitive Comparison of Mclon Jewellery Co's Debt-to-Equity

For the Luxury Goods subindustry, Mclon Jewellery 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.


Mclon Jewellery Co's Debt-to-Equity Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Mclon Jewellery Co's Debt-to-Equity distribution charts can be found below:

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



Mclon Jewellery Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Mclon Jewellery 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.


Mclon Jewellery Co  (SZSE:300945) 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.


Mclon Jewellery Co Debt-to-Equity Related Terms

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


Mclon Jewellery Co (SZSE:300945) Business Description

Traded in Other Exchanges
N/A
Address
No. 198 Qidi Road, Room A-B102-473, Xiaoshan Economic and Technological Development Zone, Xiaoshan District, Zhejiang Province, Hangzhou, CHN, 311215
Mclon Jewellery Co Ltd is involved in the jewelry retail chain business. It sells gold and silver ornaments, handicrafts, clocks and watches and other products.
Executives
Zhou Bin Supervisors
Wu Zhang Feng Directors, executives
Wang Juan Juan Directors, executives
Ni Jian Wei Supervisors

Mclon Jewellery Co (SZSE:300945) Headlines

No Headlines