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Foshan Yowant Technology Co (SZSE:002291) Debt-to-Equity : 0.18 (As of Sep. 2023)


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What is Foshan Yowant Technology Co Debt-to-Equity?

Foshan Yowant Technology Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ¥846 Mil. Foshan Yowant Technology Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ¥38 Mil. Foshan Yowant Technology Co's Total Stockholders Equity for the quarter that ended in Sep. 2023 was ¥5,042 Mil. Foshan Yowant Technology Co's debt to equity for the quarter that ended in Sep. 2023 was 0.18.

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 Foshan Yowant Technology Co's Debt-to-Equity or its related term are showing as below:

SZSE:002291' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.09   Med: 0.2   Max: 0.43
Current: 0.18

During the past 13 years, the highest Debt-to-Equity Ratio of Foshan Yowant Technology Co was 0.43. The lowest was 0.09. And the median was 0.20.

SZSE:002291's Debt-to-Equity is ranked better than
59.93% of 846 companies
in the Media - Diversified industry
Industry Median: 0.28 vs SZSE:002291: 0.18

Foshan Yowant Technology Co Debt-to-Equity Historical Data

The historical data trend for Foshan Yowant Technology 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.

Foshan Yowant Technology Co Debt-to-Equity Chart

Foshan Yowant Technology Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.33 0.26 0.30 0.13 0.16

Foshan Yowant Technology Co Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 0.13 0.16 0.18 0.19 0.18

Competitive Comparison of Foshan Yowant Technology Co's Debt-to-Equity

For the Advertising Agencies subindustry, Foshan Yowant Technology 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.


Foshan Yowant Technology Co's Debt-to-Equity Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Foshan Yowant Technology Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Foshan Yowant Technology Co's Debt-to-Equity falls into.



Foshan Yowant Technology Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Foshan Yowant Technology Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Foshan Yowant Technology Co's Debt to Equity Ratio for the quarter that ended in Sep. 2023 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.


Foshan Yowant Technology Co  (SZSE:002291) 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.


Foshan Yowant Technology Co Debt-to-Equity Related Terms

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Foshan Yowant Technology Co (SZSE:002291) Business Description

Traded in Other Exchanges
N/A
Address
Qing'an Road, Guicheng Street, Room A101-A105, Building A, No. 2, Nanhai District, Guangdong Province, Foshan, CHN, 528200
Foshan Yowant Technology Co Ltd formerly Saturday Co Ltd is engaged in the production and sales of fashion leather shoes, and wholesale and retail diversified products. The brands of the company include ST&SAT, FONDBERYL, SAFIYA, and SATURDAY MODE.

Foshan Yowant Technology Co (SZSE:002291) Headlines

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