Greatview Aseptic Packaging Co (Greatview Aseptic Packaging Co) Debt-to-Equity : 0.06 (As of Dec. 2023)

View and export this data going back to 2012. Start your Free Trial

What is Greatview Aseptic Packaging Co Debt-to-Equity?

Greatview Aseptic Packaging Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $21.4 Mil. Greatview Aseptic Packaging Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $2.1 Mil. Greatview Aseptic Packaging Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $406.4 Mil. Greatview Aseptic Packaging Co's debt to equity for the quarter that ended in Dec. 2023 was 0.06.

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 Greatview Aseptic Packaging Co's Debt-to-Equity or its related term are showing as below:

GRVWF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.04 Med: 0.08 Max: 0.16
Current: 0.06

During the past 13 years, the highest Debt-to-Equity Ratio of Greatview Aseptic Packaging Co was 0.16. The lowest was 0.04. And the median was 0.08.

GRVWF's Debt-to-Equity is ranked better than
88.24% of 340 companies
in the Packaging & Containers industry
Industry Median: 0.45 vs GRVWF: 0.06

Greatview Aseptic Packaging Co Debt-to-Equity Historical Data

The historical data trend for Greatview Aseptic Packaging 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.

Greatview Aseptic Packaging Co Debt-to-Equity Chart

Greatview Aseptic Packaging Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.14

0.09

0.13

0.09

0.06

Greatview Aseptic Packaging Co Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.13	0.13	0.09	0.05	0.06

Competitive Comparison of Greatview Aseptic Packaging Co's Debt-to-Equity

For the Packaging & Containers subindustry, Greatview Aseptic Packaging 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.

Greatview Aseptic Packaging Co's Debt-to-Equity Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Greatview Aseptic Packaging Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Greatview Aseptic Packaging Co's Debt-to-Equity falls into.

Greatview Aseptic Packaging Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Greatview Aseptic Packaging Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 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
	=	(21.361	+	2.126)	/	406.36
	=	0.06

Greatview Aseptic Packaging Co's Debt to Equity Ratio for the quarter that ended in Dec. 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
	=	(21.361	+	2.126)	/	406.36
	=	0.06

Greatview Aseptic Packaging Co (OTCPK:GRVWF) 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.

Greatview Aseptic Packaging Co Debt-to-Equity Related Terms

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

Greatview Aseptic Packaging Co (Greatview Aseptic Packaging Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Greatview Aseptic Packaging Co Ltd (OTCPK:GRVWF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

00468:Hong Kong 8GA:Germany

Address

No.14 Jiuxianqiao Road, A4-2nd Floor, Chaoyang District, Beijing, CHN, 100015

Website

https://www.greatviewpack.com

Greatview Aseptic Packaging Co Ltd manufactures and sells a variety of paper-based packaging products. The company's primary product categories include packaging for dairy products and noncarbonated soft drink products. The sale of packaging for dairy products generates the majority of revenue. Greatview Aseptic Packaging also sells scrap metals. The firm organizes itself into two segments based on geography: the People's Republic of China, or PRC, and International. The PRC segment generates the majority of revenue.

Greatview Aseptic Packaging Co (Greatview Aseptic Packaging Co) Headlines

From GuruFocus

A Greatview of Value

By Praveen Chawla • 05-19-2022