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Shougang Fushan Resources Group (FRA:FU7) Debt-to-Equity : 0.00 (As of Dec. 2023)


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What is Shougang Fushan Resources Group Debt-to-Equity?

Shougang Fushan Resources Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €1.2 Mil. Shougang Fushan Resources Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €3.9 Mil. Shougang Fushan Resources Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €1,911.8 Mil. Shougang Fushan Resources Group's debt to equity for the quarter that ended in Dec. 2023 was 0.00.

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 Shougang Fushan Resources Group's Debt-to-Equity or its related term are showing as below:

FRA:FU7's Debt-to-Equity is not ranked *
in the Steel industry.
Industry Median: 0.42
* Ranked among companies with meaningful Debt-to-Equity only.

Shougang Fushan Resources Group Debt-to-Equity Historical Data

The historical data trend for Shougang Fushan Resources Group'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.

Shougang Fushan Resources Group Debt-to-Equity Chart

Shougang Fushan Resources Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
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Shougang Fushan Resources Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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Competitive Comparison of Shougang Fushan Resources Group's Debt-to-Equity

For the Coking Coal subindustry, Shougang Fushan Resources Group'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.


Shougang Fushan Resources Group's Debt-to-Equity Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Shougang Fushan Resources Group's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Shougang Fushan Resources Group's Debt-to-Equity falls into.



Shougang Fushan Resources Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Shougang Fushan Resources Group's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Shougang Fushan Resources Group's Debt to Equity Ratio for the quarter that ended in Dec. 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.


Shougang Fushan Resources Group  (FRA:FU7) 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.


Shougang Fushan Resources Group Debt-to-Equity Related Terms

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Shougang Fushan Resources Group (FRA:FU7) Business Description

Traded in Other Exchanges
Address
56 Gloucester Road, 6th Floor, Bank of East Asia Harbour View Centre, Wanchai, Hong Kong, HKG
Shougang Fushan Resources Group Ltd is engaged in coking coal mining, production and sales of coking coal products in the PRC. It derives revenue from the sale of clean coking coal and raw coking coal. The group has three operating coking coal mines and three coal preparation plants. The group has a business presence in the PRC and Hong Kong.

Shougang Fushan Resources Group (FRA:FU7) Headlines

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