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Henan Huanghe Whirlwind Co (SHSE:600172) Debt-to-Equity : 1.62 (As of Mar. 2024)


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What is Henan Huanghe Whirlwind Co Debt-to-Equity?

Henan Huanghe Whirlwind Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥3,715 Mil. Henan Huanghe Whirlwind Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥155 Mil. Henan Huanghe Whirlwind Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥2,388 Mil. Henan Huanghe Whirlwind Co's debt to equity for the quarter that ended in Mar. 2024 was 1.62.

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 Henan Huanghe Whirlwind Co's Debt-to-Equity or its related term are showing as below:

SHSE:600172' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.48   Med: 0.97   Max: 1.76
Current: 1.62

During the past 13 years, the highest Debt-to-Equity Ratio of Henan Huanghe Whirlwind Co was 1.76. The lowest was 0.48. And the median was 0.97.

SHSE:600172's Debt-to-Equity is ranked worse than
93.38% of 1300 companies
in the Metals & Mining industry
Industry Median: 0.13 vs SHSE:600172: 1.62

Henan Huanghe Whirlwind Co Debt-to-Equity Historical Data

The historical data trend for Henan Huanghe Whirlwind 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.

Henan Huanghe Whirlwind Co Debt-to-Equity Chart

Henan Huanghe Whirlwind Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.95 1.31 1.76 1.34 1.59

Henan Huanghe Whirlwind 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.47 1.64 1.55 1.59 1.62

Competitive Comparison of Henan Huanghe Whirlwind Co's Debt-to-Equity

For the Other Industrial Metals & Mining subindustry, Henan Huanghe Whirlwind 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.


Henan Huanghe Whirlwind Co's Debt-to-Equity Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Henan Huanghe Whirlwind Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Henan Huanghe Whirlwind Co's Debt-to-Equity falls into.



Henan Huanghe Whirlwind Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Henan Huanghe Whirlwind Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Henan Huanghe Whirlwind Co's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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.


Henan Huanghe Whirlwind Co  (SHSE:600172) 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.


Henan Huanghe Whirlwind Co Debt-to-Equity Related Terms

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Henan Huanghe Whirlwind Co (SHSE:600172) Business Description

Traded in Other Exchanges
N/A
Address
No. 200 Renmin Road, Henan Province, Changge, CHN, 461500
Henan Huanghe Whirlwind Co Ltd is engaged in the scientific research, production, and sales of super-hard materials.
Executives
Bai Shi Shun Yi Director
Du Zhang Hong Director
Chen Jun Director
Liu Jian She Director
Ma Xian Jun Supervisors
Xu Yong Jie Director
Wang Yu Chang Director
Qiao Qiu Sheng Director
Zhang Yong Jian Director
Li Ming Tao senior management

Henan Huanghe Whirlwind Co (SHSE:600172) Headlines

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