Beijing Nutrichem Co (BJSE:833819) Debt-to-Equity : 0.83 (As of Mar. 2024)

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What is Beijing Nutrichem Co Debt-to-Equity?

Beijing Nutrichem Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥3,888 Mil. Beijing Nutrichem Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥887 Mil. Beijing Nutrichem Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥5,749 Mil. Beijing Nutrichem Co's debt to equity for the quarter that ended in Mar. 2024 was 0.83.

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

BJSE:833819' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.64 Med: 0.93 Max: 1.87
Current: 0.83

During the past 11 years, the highest Debt-to-Equity Ratio of Beijing Nutrichem Co was 1.87. The lowest was 0.64. And the median was 0.93.

BJSE:833819's Debt-to-Equity is ranked worse than
73.49% of 215 companies
in the Agriculture industry
Industry Median: 0.35 vs BJSE:833819: 0.83

Beijing Nutrichem Co Debt-to-Equity Historical Data

The historical data trend for Beijing Nutrichem 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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Beijing Nutrichem Co Debt-to-Equity Chart

Beijing Nutrichem Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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1.25

0.87

0.88

0.64

0.73

Beijing Nutrichem 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															0.64	0.70	0.73	0.73	0.83

Competitive Comparison of Beijing Nutrichem Co's Debt-to-Equity

For the Agricultural Inputs subindustry, Beijing Nutrichem 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.

Beijing Nutrichem Co's Debt-to-Equity Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Beijing Nutrichem Co's Debt-to-Equity distribution charts can be found below:

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

Beijing Nutrichem Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Beijing Nutrichem 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
	=	(3445.443	+	797.327)	/	5785.267
	=	0.73

Beijing Nutrichem Co's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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
	=	(3888.193	+	886.784)	/	5748.613
	=	0.83

Beijing Nutrichem Co (BJSE:833819) 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.

Beijing Nutrichem Co Debt-to-Equity Related Terms

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

Beijing Nutrichem Co (BJSE:833819) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Beijing Nutrichem Co Ltd (BJSE:833819) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 27, Shengshengyuan Road, Floor 4, Area A, Building 1, Science and Technology Park, Changping District,, Beijing, CHN, 102206

Website

https://www.nutrichem.cn

Beijing Nutrichem Co Ltd is an agrochemical product supplier based on research and development and guided by market demand. Its main business is the research and development, production, sales, and GLP technical services of pesticide technical products, intermediates, and preparations. The company's main products are oxyfluorfen, amiloride, imazethapyr, tebuconazole, azoxystrobin.

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