Leaguer (Shenzhen) Microelectronics (SHSE:688589) Debt-to-Equity : 0.29 (As of Mar. 2024)

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What is Leaguer (Shenzhen) Microelectronics Debt-to-Equity?

Leaguer (Shenzhen) Microelectronics's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥5.0 Mil. Leaguer (Shenzhen) Microelectronics's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥295.2 Mil. Leaguer (Shenzhen) Microelectronics's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥1,032.6 Mil. Leaguer (Shenzhen) Microelectronics's debt to equity for the quarter that ended in Mar. 2024 was 0.29.

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 Leaguer (Shenzhen) Microelectronics's Debt-to-Equity or its related term are showing as below:

SHSE:688589' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.03 Max: 0.3
Current: 0.29

During the past 11 years, the highest Debt-to-Equity Ratio of Leaguer (Shenzhen) Microelectronics was 0.30. The lowest was 0.01. And the median was 0.03.

SHSE:688589's Debt-to-Equity is ranked worse than
52.69% of 875 companies
in the Semiconductors industry
Industry Median: 0.26 vs SHSE:688589: 0.29

Leaguer (Shenzhen) Microelectronics Debt-to-Equity Historical Data

The historical data trend for Leaguer (Shenzhen) Microelectronics'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.

Leaguer (Shenzhen) Microelectronics Debt-to-Equity Chart

Leaguer (Shenzhen) Microelectronics Annual Data

Trend

Dec13

Dec14

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.01

0.03

0.02

0.03

0.29

Leaguer (Shenzhen) Microelectronics 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															0.02	0.01	0.30	0.29	0.29

Competitive Comparison of Leaguer (Shenzhen) Microelectronics's Debt-to-Equity

For the Semiconductors subindustry, Leaguer (Shenzhen) Microelectronics'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.

Leaguer (Shenzhen) Microelectronics's Debt-to-Equity Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Leaguer (Shenzhen) Microelectronics's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Leaguer (Shenzhen) Microelectronics's Debt-to-Equity falls into.

Leaguer (Shenzhen) Microelectronics Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Leaguer (Shenzhen) Microelectronics'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
	=	(4.468	+	291.645)	/	1008.962
	=	0.29

Leaguer (Shenzhen) Microelectronics'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
	=	(4.987	+	295.212)	/	1032.556
	=	0.29

Leaguer (Shenzhen) Microelectronics (SHSE:688589) 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.

Leaguer (Shenzhen) Microelectronics Debt-to-Equity Related Terms

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Leaguer (Shenzhen) Microelectronics (SHSE:688589) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Leaguer (Shenzhen) Microelectronics Corp (SHSE:688589) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Xili Street, 1101, 11th Floor, Research Building, High-tech Industrial Park, Tsinghua Information Port, Nanshan District, Guangdong Province, Shenzhen, CHN, 518057

Website

http://www.leaguerme.com

Leaguer (Shenzhen) Microelectronics Corp is engaged in independent research and development of the core basic technology and underlying algorithms of the Internet of Things communication and integrate the research and development results into the independently designed Internet of Things communication chip. It is an IC company focusing on power line communication (PLC) ASIC products and module solutions for smart things connectivity. Its products include ASIC Chips & Solutions for Smart Things Connectivity and Narrow-band & High-speed PLC Technology and IC.

Executives

Feng Zhen Gang	Director
Gao Feng	senior management
Huang Xing Ping	Directors, senior managers
Chen Li Heng	Directors, senior managers, core technical personn
Zhang Zhi Yu	Senior management, core technical personnel
Wu Ying	senior management
Zhong Li Hui	senior management
	Directors, senior managers, core technical personn
Li Hai Xia	senior management
Zhu Yong	Core technical personnel
Zhou Xiao Xin	Core technical personnel
Zhou Shi Quan	senior management
Cao Xin Yu	Supervisors

Leaguer (Shenzhen) Microelectronics (SHSE:688589) Headlines

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