Kunshan Supermix Printing Technology Co (BJSE:872392) Debt-to-Equity : 0.20 (As of Mar. 2024)

View and export this data going back to 2022. Start your Free Trial

What is Kunshan Supermix Printing Technology Co Debt-to-Equity?

Kunshan Supermix Printing Technology Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥47.3 Mil. Kunshan Supermix Printing Technology Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥14.9 Mil. Kunshan Supermix Printing Technology Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥309.2 Mil. Kunshan Supermix Printing Technology Co's debt to equity for the quarter that ended in Mar. 2024 was 0.20.

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 Kunshan Supermix Printing Technology Co's Debt-to-Equity or its related term are showing as below:

BJSE:872392' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.18 Med: 0.44 Max: 0.69
Current: 0.2

During the past 8 years, the highest Debt-to-Equity Ratio of Kunshan Supermix Printing Technology Co was 0.69. The lowest was 0.18. And the median was 0.44.

BJSE:872392's Debt-to-Equity is ranked better than
70.57% of 350 companies
in the Packaging & Containers industry
Industry Median: 0.445 vs BJSE:872392: 0.20

Kunshan Supermix Printing Technology Co Debt-to-Equity Historical Data

The historical data trend for Kunshan Supermix Printing 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.

Kunshan Supermix Printing Technology Co Debt-to-Equity Chart

Kunshan Supermix Printing Technology Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

Get a 7-Day Free Trial

0.46

0.69

0.45

0.31

0.19

Kunshan Supermix Printing Technology Co Quarterly Data
	Dec18	Mar19	Jun19	Dec19	Mar20	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															0.19	0.18	0.18	0.21	0.20

Competitive Comparison of Kunshan Supermix Printing Technology Co's Debt-to-Equity

For the Packaging & Containers subindustry, Kunshan Supermix Printing 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.

Kunshan Supermix Printing Technology Co's Debt-to-Equity Distribution in the Packaging & Containers Industry

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

* The bar in red indicates where Kunshan Supermix Printing Technology Co's Debt-to-Equity falls into.

Kunshan Supermix Printing Technology Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Kunshan Supermix Printing Technology 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
	=	(39.665	+	17.745)	/	299.373
	=	0.19

Kunshan Supermix Printing Technology 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
	=	(47.261	+	14.924)	/	309.196
	=	0.20

Kunshan Supermix Printing Technology Co (BJSE:872392) 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.

Kunshan Supermix Printing Technology Co Debt-to-Equity Related Terms

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

Kunshan Supermix Printing Technology Co (BJSE:872392) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Kunshan Supermix Printing Technology Co Ltd (BJSE:872392) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 228, Huanlou Road, Kunshan Development Zone, Jiangsu Province, Penglang Town, CHN, 215333

Website

http://www.supermix.com.cn

Kunshan Supermix Printing Technology Co Ltd engages in Research and development, design, production, and sales of paper packaging and display products. It mainly produces cartons, shopping bags, gift boxes, flexo paper box, color paper cards, color boxes, product display boxes, and product design packaging displays.

Kunshan Supermix Printing Technology Co (BJSE:872392) Headlines

No Headlines