Bluestar Adisseo Co (SHSE:600299) Debt-to-Equity : 0.15 (As of Mar. 2024)

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What is Bluestar Adisseo Co Debt-to-Equity?

Bluestar Adisseo Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥1,254 Mil. Bluestar Adisseo Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥1,055 Mil. Bluestar Adisseo Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥15,099 Mil. Bluestar Adisseo Co's debt to equity for the quarter that ended in Mar. 2024 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 Bluestar Adisseo Co's Debt-to-Equity or its related term are showing as below:

SHSE:600299' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.07 Max: 68.84
Current: 0.15

During the past 13 years, the highest Debt-to-Equity Ratio of Bluestar Adisseo Co was 68.84. The lowest was 0.01. And the median was 0.07.

SHSE:600299's Debt-to-Equity is ranked better than
70.42% of 1396 companies
in the Chemicals industry
Industry Median: 0.35 vs SHSE:600299: 0.15

Bluestar Adisseo Co Debt-to-Equity Historical Data

The historical data trend for Bluestar Adisseo 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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Bluestar Adisseo Co Debt-to-Equity Chart

Bluestar Adisseo Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.01

0.08

0.15

Bluestar Adisseo 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															0.15	0.13	0.17	0.15	0.15

Competitive Comparison of Bluestar Adisseo Co's Debt-to-Equity

For the Chemicals subindustry, Bluestar Adisseo 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.

Bluestar Adisseo Co's Debt-to-Equity Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Bluestar Adisseo Co's Debt-to-Equity distribution charts can be found below:

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

Bluestar Adisseo Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Bluestar Adisseo 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
	=	(1151.371	+	1062.865)	/	15036.928
	=	0.15

Bluestar Adisseo 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
	=	(1254.153	+	1055.494)	/	15098.926
	=	0.15

Bluestar Adisseo Co (SHSE:600299) 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.

Bluestar Adisseo Co Debt-to-Equity Related Terms

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Bluestar Adisseo Co (SHSE:600299) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Bluestar Adisseo Co (SHSE:600299) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

No. 9 Beitucheng West Road, Chaoyang District, Beijing, CHN, 100029

Website

http://www.bluestar-adisseo.com

Bluestar Adisseo Co is a China-based company engaged in the business of development, production, and sale of animal nutrition additives. Its products are Roddy US, Michael dimensional, ROVABIO, Hillier selenium, AdiSodium, and others. In addition, it also provides the customers with services such as Precision Nutrition Analysis service, Liquid Addition Solution, and E-lab service. The company's products are sold in China and other international countries.

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