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Hebei Hengshui Laobaigan Liquor Co (SHSE:600559) Debt-to-Equity : 0.00 (As of Mar. 2024)


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What is Hebei Hengshui Laobaigan Liquor Co Debt-to-Equity?

Hebei Hengshui Laobaigan Liquor Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥0 Mil. Hebei Hengshui Laobaigan Liquor Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥0 Mil. Hebei Hengshui Laobaigan Liquor Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥4,958 Mil. Hebei Hengshui Laobaigan Liquor Co's debt to equity for the quarter that ended in Mar. 2024 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 Hebei Hengshui Laobaigan Liquor Co's Debt-to-Equity or its related term are showing as below:

During the past 13 years, the highest Debt-to-Equity Ratio of Hebei Hengshui Laobaigan Liquor Co was 0.74. The lowest was 0.01. And the median was 0.14.

SHSE:600559's Debt-to-Equity is not ranked *
in the Beverages - Alcoholic industry.
Industry Median: 0.39
* Ranked among companies with meaningful Debt-to-Equity only.

Hebei Hengshui Laobaigan Liquor Co Debt-to-Equity Historical Data

The historical data trend for Hebei Hengshui Laobaigan Liquor 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.

Hebei Hengshui Laobaigan Liquor Co Debt-to-Equity Chart

Hebei Hengshui Laobaigan Liquor 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 0.15 0.12 0.06 0.01 -

Hebei Hengshui Laobaigan Liquor 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 - - - - -

Competitive Comparison of Hebei Hengshui Laobaigan Liquor Co's Debt-to-Equity

For the Beverages - Wineries & Distilleries subindustry, Hebei Hengshui Laobaigan Liquor 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.


Hebei Hengshui Laobaigan Liquor Co's Debt-to-Equity Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Hebei Hengshui Laobaigan Liquor Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Hebei Hengshui Laobaigan Liquor Co's Debt-to-Equity falls into.



Hebei Hengshui Laobaigan Liquor Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Hebei Hengshui Laobaigan Liquor Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Hebei Hengshui Laobaigan Liquor 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.


Hebei Hengshui Laobaigan Liquor Co  (SHSE:600559) 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.


Hebei Hengshui Laobaigan Liquor Co Debt-to-Equity Related Terms

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Hebei Hengshui Laobaigan Liquor Co (SHSE:600559) Business Description

Traded in Other Exchanges
N/A
Address
No. 809 Renmin East Road, Hengshui, Hebei, CHN, 053000
Hebei Hengshui Laobaigan Liquor Co Ltd is engaged in the brewing industry. It is a manufacturer in the white liquor industry in China. The company's products include Hengshui old white and Eighteen White Square and 67 degrees.

Hebei Hengshui Laobaigan Liquor Co (SHSE:600559) Headlines

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