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North Copper Co (SZSE:000737) Debt-to-Equity : 1.64 (As of Mar. 2024)


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What is North Copper Co Debt-to-Equity?

North Copper Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥1,984 Mil. North Copper Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥6,458 Mil. North Copper Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥5,154 Mil. North Copper Co's debt to equity for the quarter that ended in Mar. 2024 was 1.64.

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

SZSE:000737' s Debt-to-Equity Range Over the Past 10 Years
Min: -14.71   Med: 1.63   Max: 124.56
Current: 1.64

During the past 13 years, the highest Debt-to-Equity Ratio of North Copper Co was 124.56. The lowest was -14.71. And the median was 1.63.

SZSE:000737's Debt-to-Equity is ranked worse than
93.65% of 1307 companies
in the Metals & Mining industry
Industry Median: 0.13 vs SZSE:000737: 1.64

North Copper Co Debt-to-Equity Historical Data

The historical data trend for North Copper 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.

North Copper Co Debt-to-Equity Chart

North Copper 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 1.69 1.77 1.07 0.87 1.63

North Copper 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 0.96 0.85 1.14 1.63 1.64

Competitive Comparison of North Copper Co's Debt-to-Equity

For the Copper subindustry, North Copper 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.


North Copper Co's Debt-to-Equity Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, North Copper Co's Debt-to-Equity distribution charts can be found below:

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



North Copper Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

North Copper 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.


North Copper Co  (SZSE:000737) 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.


North Copper Co Debt-to-Equity Related Terms

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


North Copper Co (SZSE:000737) Business Description

Traded in Other Exchanges
N/A
Address
No. 17600, Hedong East Street, Yanhu District, Shanxi Province, Yuncheng, CHN, 043700
North Copper Co Ltd is engaged in the mining, beneficiation, smelting and sales of copper metal.
Executives
Wei Ying Hui Director
Zan Yue Fa Supervisors
Gao Jian Zhong Director
Li Chen Guang Director
Yang Yun Tao Secretary Dong
Lv Ren Jie Executives
Lv Yong Executives
Cui Gang Supervisors
Xue Yong Hong Executives
Jiang Wei Dong Directors, executives
Ding Hong Directors, executives
Wen Lin Supervisors
Cheng Zeng Qing Directors, executives
Zhang Wen Cheng Director
Tan Xiang Rong Supervisors

North Copper Co (SZSE:000737) Headlines

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