Fiberhome Telecommunication Technologies Co (SHSE:600498) Debt-to-Equity : 0.58 (As of Mar. 2024)

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What is Fiberhome Telecommunication Technologies Co Debt-to-Equity?

Fiberhome Telecommunication Technologies Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥3,934 Mil. Fiberhome Telecommunication Technologies Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥3,671 Mil. Fiberhome Telecommunication Technologies Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥13,208 Mil. Fiberhome Telecommunication Technologies Co's debt to equity for the quarter that ended in Mar. 2024 was 0.58.

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 Fiberhome Telecommunication Technologies Co's Debt-to-Equity or its related term are showing as below:

SHSE:600498' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.13 Med: 0.44 Max: 0.75
Current: 0.58

During the past 13 years, the highest Debt-to-Equity Ratio of Fiberhome Telecommunication Technologies Co was 0.75. The lowest was 0.13. And the median was 0.44.

SHSE:600498's Debt-to-Equity is ranked worse than
71.25% of 2195 companies
in the Hardware industry
Industry Median: 0.29 vs SHSE:600498: 0.58

Fiberhome Telecommunication Technologies Co Debt-to-Equity Historical Data

The historical data trend for Fiberhome Telecommunication Technologies 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.

Fiberhome Telecommunication Technologies Co Debt-to-Equity Chart

Fiberhome Telecommunication Technologies Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.28

0.39

0.48

0.50

0.53

Fiberhome Telecommunication Technologies 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															0.66	0.73	0.75	0.53	0.58

Competitive Comparison of Fiberhome Telecommunication Technologies Co's Debt-to-Equity

For the Communication Equipment subindustry, Fiberhome Telecommunication Technologies 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.

Fiberhome Telecommunication Technologies Co's Debt-to-Equity Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Fiberhome Telecommunication Technologies Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Fiberhome Telecommunication Technologies Co's Debt-to-Equity falls into.

Fiberhome Telecommunication Technologies Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Fiberhome Telecommunication Technologies 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
	=	(3388.08	+	3610.833)	/	13172.814
	=	0.53

Fiberhome Telecommunication Technologies 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
	=	(3934.017	+	3671.157)	/	13208.459
	=	0.58

Fiberhome Telecommunication Technologies Co (SHSE:600498) 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.

Fiberhome Telecommunication Technologies Co Debt-to-Equity Related Terms

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Fiberhome Telecommunication Technologies Co (SHSE:600498) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Fiberhome Telecommunication Technologies Co Ltd (SHSE:600498) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

No. 88 Youkeyuan Road, Hongshan District, Hubei, Wuhan, CHN, 430074

Website

http://www.fiberhome.com.cn

Fiberhome Telecommunication Technologies Co Ltd is a China-based company engaged in the manufacture and sales of communication equipment. Its main products include communication system equipment, optical fibers, cables and data networking products, such as the optical networking products, Internet protocol (IP) data products, broadband access products, optical fibers and cable products, wireless communication products and power supplies, as well as the optoelectronic devices. The company mainly distributes its products in domestic and overseas markets.

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