NAURA Technology Group Co (SZSE:002371) Debt-to-Equity : 0.26 (As of Sep. 2023)

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What is NAURA Technology Group Co Debt-to-Equity?

NAURA Technology Group Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ¥80 Mil. NAURA Technology Group Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ¥5,850 Mil. NAURA Technology Group Co's Total Stockholders Equity for the quarter that ended in Sep. 2023 was ¥22,573 Mil. NAURA Technology Group Co's debt to equity for the quarter that ended in Sep. 2023 was 0.26.

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

SZSE:002371' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.19 Max: 0.51
Current: 0.26

During the past 13 years, the highest Debt-to-Equity Ratio of NAURA Technology Group Co was 0.51. The lowest was 0.00. And the median was 0.19.

SZSE:002371's Debt-to-Equity is ranked better than
51.13% of 882 companies
in the Semiconductors industry
Industry Median: 0.26 vs SZSE:002371: 0.26

NAURA Technology Group Co Debt-to-Equity Historical Data

The historical data trend for NAURA Technology 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.

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NAURA Technology Group Co Debt-to-Equity Chart

NAURA Technology Group Co Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

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0.37

0.38

0.10

0.21

NAURA Technology Group 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															0.22	0.21	0.23	0.26	0.26

Competitive Comparison of NAURA Technology Group Co's Debt-to-Equity

For the Semiconductor Equipment & Materials subindustry, NAURA Technology 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.

NAURA Technology Group Co's Debt-to-Equity Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, NAURA Technology Group Co's Debt-to-Equity distribution charts can be found below:

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

NAURA Technology Group Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

NAURA Technology Group Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 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
	=	(268.4	+	3820.813)	/	19746.063
	=	0.21

NAURA Technology Group Co's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(79.577	+	5850.395)	/	22572.965
	=	0.26

NAURA Technology Group Co (SZSE:002371) 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.

NAURA Technology Group Co Debt-to-Equity Related Terms

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NAURA Technology Group Co (SZSE:002371) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » NAURA Technology Group Co Ltd (SZSE:002371) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.1 Jiuxianqiao East Road, Chao Yang District, Beijing, CHN, 100015

Website

http://www.naura.com/

NAURA Technology Group Co Ltd engages in the research, development, manufacture, sale, and service of electronic equipment and components in the People's Republic of China. The company offers semiconductor equipment, including etching equipment, PVD and CVD equipment, oxidation/diffusion equipment, cleaning equipment, novel display equipment, gas mass flow controllers, etc.; and vacuum heat treatment equipment and technical solutions for the semiconductors, photovoltaic equipment, vacuum electronic devices, magnetic materials, aerospace, and smart power grid sectors.

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