Rongcheer Industrial Technology (Suzhou) Co (SZSE:301360) Debt-to-Equity : 0.00 (As of Mar. 2025)

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What is Rongcheer Industrial Technology (Suzhou) Co Debt-to-Equity?

Rongcheer Industrial Technology (Suzhou) Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2025 was ¥1.5 Mil. Rongcheer Industrial Technology (Suzhou) Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2025 was ¥2.1 Mil. Rongcheer Industrial Technology (Suzhou) Co's Total Stockholders Equity for the quarter that ended in Mar. 2025 was ¥1,160.8 Mil. Rongcheer Industrial Technology (Suzhou) Co's debt to equity for the quarter that ended in Mar. 2025 was 0.00.

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 Rongcheer Industrial Technology (Suzhou) Co's Debt-to-Equity or its related term are showing as below:

During the past 7 years, the highest Debt-to-Equity Ratio of Rongcheer Industrial Technology (Suzhou) Co was 0.24. The lowest was 0.00. And the median was 0.07.

SZSE:301360's Debt-to-Equity is not ranked ^*
in the Industrial Products industry.
Industry Median: 0.28
* Ranked among companies with meaningful Debt-to-Equity only.

Rongcheer Industrial Technology (Suzhou) Co Debt-to-Equity Historical Data

The historical data trend for Rongcheer Industrial Technology (Suzhou) 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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Rongcheer Industrial Technology (Suzhou) Co Debt-to-Equity Chart

Rongcheer Industrial Technology (Suzhou) Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Debt-to-Equity

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0.06

0.21

0.16

0.08

0.01

Rongcheer Industrial Technology (Suzhou) Co Quarterly Data
	Dec18	Dec19	Dec20	Mar21	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Debt-to-Equity	Get a 7-Day Free Trial														-	-	0.02	0.01	-

Competitive Comparison of Rongcheer Industrial Technology (Suzhou) Co's Debt-to-Equity

For the Specialty Industrial Machinery subindustry, Rongcheer Industrial Technology (Suzhou) 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.

Rongcheer Industrial Technology (Suzhou) Co's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Rongcheer Industrial Technology (Suzhou) Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Rongcheer Industrial Technology (Suzhou) Co's Debt-to-Equity falls into.

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Rongcheer Industrial Technology (Suzhou) Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Rongcheer Industrial Technology (Suzhou) Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2024 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
	=	(11.313	+	2.411)	/	1168.304
	=	0.01

Rongcheer Industrial Technology (Suzhou) Co's Debt to Equity Ratio for the quarter that ended in Mar. 2025 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
	=	(1.464	+	2.13)	/	1160.838
	=	0.00

Rongcheer Industrial Technology (Suzhou) Co (SZSE:301360) 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.

Rongcheer Industrial Technology (Suzhou) Co Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Rongcheer Industrial Technology (Suzhou) Co's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Rongcheer Industrial Technology (Suzhou) Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Rongcheer Industrial Technology (Suzhou) Co Ltd (SZSE:301360) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 2 Shuangma Street, No. 11, Xinghua Industrial Park, Suzhou Industrial Park, Jiangsu Province, Weiting, CHN, 215121

Website

http://www.rongcheer.com

Rongcheer Industrial Technology (Suzhou) Co Ltd is engaged in the research and development, design, production, sales and technical services of intelligent equipment.

Executives

Liu Hong Zhe

Director

Rongcheer Industrial Technology (Suzhou) Co Headlines

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