Huadi International Group Co (Huadi International Group Co) Debt-to-Equity : 0.16 (As of Sep. 2023)

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What is Huadi International Group Co Debt-to-Equity?

Huadi International Group Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $6.12 Mil. Huadi International Group Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $5.40 Mil. Huadi International Group Co's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $74.41 Mil. Huadi International Group Co's debt to equity for the quarter that ended in Sep. 2023 was 0.15.

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

HUDI' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.16 Med: 0.99 Max: 2.87
Current: 0.16

During the past 6 years, the highest Debt-to-Equity Ratio of Huadi International Group Co was 2.87. The lowest was 0.16. And the median was 0.99.

HUDI's Debt-to-Equity is ranked better than
76.16% of 558 companies
in the Steel industry
Industry Median: 0.415 vs HUDI: 0.16

Huadi International Group Co Debt-to-Equity Historical Data

The historical data trend for Huadi International 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.

* Premium members only.

Huadi International Group Co Debt-to-Equity Chart

Huadi International Group Co Annual Data

Trend

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Debt-to-Equity

Get a 7-Day Free Trial

1.67

1.28

0.70

0.44

0.16

Huadi International Group Co Semi-Annual Data
	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial						0.70	0.49	0.44	0.06	0.16

Competitive Comparison of Huadi International Group Co's Debt-to-Equity

For the Steel subindustry, Huadi International 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.

Huadi International Group Co's Debt-to-Equity Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Huadi International Group Co's Debt-to-Equity distribution charts can be found below:

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

Huadi International Group Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Huadi International Group Co's Debt to Equity Ratio for the fiscal year 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
	=	(6.119	+	5.399)	/	74.409
	=	0.15

Huadi International 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
	=	(6.119	+	5.399)	/	74.409
	=	0.15

Huadi International Group Co (NAS:HUDI) 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.

Huadi International Group Co Debt-to-Equity Related Terms

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Huadi International Group Co (Huadi International Group Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Huadi International Group Co Ltd (NAS:HUDI) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.1688 Tianzhong Street, Longwan District, Zhejiang Province, Wenzhou, CHN, 325025

Website

http://www.huadigroup.com

Huadi International Group Co Ltd is a manufacturer of industrial stainless steel seamless pipes and tubes products. Its products are used in the oil & gas transmission, chemistry engineering, food processing, medical devices, aeronautics and astronautics, boiler, irrigation works construction, automobile and naval architecture, paper mill and mechanical industries. Products are exported to the United States, Mexico, Thailand, Australia, Argentina, Taiwan, India, the Philippines, UAE and Canada. Geographically, majority revenue is generated from China.