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Harson Trading (China) Co (SHSE:603958) Debt-to-Equity : 0.00 (As of Mar. 2024)


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What is Harson Trading (China) Co Debt-to-Equity?

Harson Trading (China) Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥2.5 Mil. Harson Trading (China) Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥0.5 Mil. Harson Trading (China) Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥808.3 Mil. Harson Trading (China) 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 Harson Trading (China) 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 Harson Trading (China) Co was 0.43. The lowest was 0.00. And the median was 0.01.

SHSE:603958's Debt-to-Equity is not ranked *
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 0.43
* Ranked among companies with meaningful Debt-to-Equity only.

Harson Trading (China) Co Debt-to-Equity Historical Data

The historical data trend for Harson Trading (China) 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.

Harson Trading (China) Co Debt-to-Equity Chart

Harson Trading (China) 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 - - 0.01 0.07 -

Harson Trading (China) 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 0.09 0.03 0.03 - -

Competitive Comparison of Harson Trading (China) Co's Debt-to-Equity

For the Footwear & Accessories subindustry, Harson Trading (China) 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.


Harson Trading (China) Co's Debt-to-Equity Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Harson Trading (China) Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Harson Trading (China) Co's Debt-to-Equity falls into.



Harson Trading (China) Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Harson Trading (China) Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Harson Trading (China) 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.


Harson Trading (China) Co  (SHSE:603958) 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.


Harson Trading (China) Co Debt-to-Equity Related Terms

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Harson Trading (China) Co (SHSE:603958) Business Description

Traded in Other Exchanges
N/A
Address
No.1008,Hua'an Road, 6th Floor, Caoan Economic Development Zone, Huaqiao Tow, Kunshan, CHN, 215332
Harson Trading (China) Co Ltd is a China-based firm engaged in the brand operation, product design, production and sales of high-end leather shoes. It produces leather shoes for men and women mainly. Its brands include Harson, Kadina, Cover, Aller-A, AS, Roberta Di Camerino, Harson business, and Pikolinos.
Executives
Wu Xiao Hua senior management
Huang Jing Supervisors
Qian Long Bao senior management

Harson Trading (China) Co (SHSE:603958) Headlines

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