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YZCAY (Yankuang Energy Group Co) Debt-to-Equity : 1.34 (As of Sep. 2024)


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What is Yankuang Energy Group Co Debt-to-Equity?

Yankuang Energy Group Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $4,799 Mil. Yankuang Energy Group Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $10,638 Mil. Yankuang Energy Group Co's Total Stockholders Equity for the quarter that ended in Sep. 2024 was $11,492 Mil. Yankuang Energy Group Co's debt to equity for the quarter that ended in Sep. 2024 was 1.34.

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 Yankuang Energy Group Co's Debt-to-Equity or its related term are showing as below:

YZCAY' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.76   Med: 1.22   Max: 1.93
Current: 1.34

During the past 13 years, the highest Debt-to-Equity Ratio of Yankuang Energy Group Co was 1.93. The lowest was 0.76. And the median was 1.22.

YZCAY's Debt-to-Equity is ranked worse than
87.69% of 130 companies
in the Other Energy Sources industry
Industry Median: 0.22 vs YZCAY: 1.34

Yankuang Energy Group Co Debt-to-Equity Historical Data

The historical data trend for Yankuang Energy Group 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.

Yankuang Energy Group Co Debt-to-Equity Chart

Yankuang Energy Group 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 0.97 1.76 1.44 0.88 1.36

Yankuang Energy Group 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 1.59 1.36 1.29 1.45 1.34

Competitive Comparison of Yankuang Energy Group Co's Debt-to-Equity

For the Thermal Coal subindustry, Yankuang Energy Group 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.


Yankuang Energy Group Co's Debt-to-Equity Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Yankuang Energy Group Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Yankuang Energy Group Co's Debt-to-Equity falls into.



Yankuang Energy Group Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Yankuang Energy Group 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.


Yankuang Energy Group Co  (OTCPK:YZCAY) 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.


Yankuang Energy Group Co Debt-to-Equity Related Terms

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


Yankuang Energy Group Co Business Description

Address
949 South Fushan Road, Shandong Province, Zoucheng, CHN, 273500
Yankuang Energy Group Co Ltd, is an integrated thermal and coking coal-mining company, with operations in mainland China and Australia. The company also engages in power/heat generation and rail transportation and produces coal chemicals including methanol. Coal accounted for more than 90% of the group's gross profit in 2019. The firm is the second-largest coal miner in China by production and is listed on the exchanges in Hong Kong, Shanghai, and New York.

Yankuang Energy Group Co Headlines

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