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Adama (SZSE:000553) Debt-to-Equity : 0.83 (As of Mar. 2024)


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What is Adama Debt-to-Equity?

Adama's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥7,369 Mil. Adama's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥10,696 Mil. Adama's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥21,663 Mil. Adama's debt to equity for the quarter that ended in Mar. 2024 was 0.83.

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 Adama's Debt-to-Equity or its related term are showing as below:

SZSE:000553' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.16   Med: 0.55   Max: 0.88
Current: 0.83

During the past 13 years, the highest Debt-to-Equity Ratio of Adama was 0.88. The lowest was 0.16. And the median was 0.55.

SZSE:000553's Debt-to-Equity is ranked worse than
73.97% of 219 companies
in the Agriculture industry
Industry Median: 0.35 vs SZSE:000553: 0.83

Adama Debt-to-Equity Historical Data

The historical data trend for Adama'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.

Adama Debt-to-Equity Chart

Adama 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 0.55 0.62 0.68 0.74 0.84

Adama 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 0.88 0.85 0.87 0.84 0.83

Competitive Comparison of Adama's Debt-to-Equity

For the Agricultural Inputs subindustry, Adama'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.


Adama's Debt-to-Equity Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Adama's Debt-to-Equity distribution charts can be found below:

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



Adama Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Adama's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Adama'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.


Adama  (SZSE:000553) 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.


Adama Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Adama's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Adama (SZSE:000553) Business Description

Traded in Other Exchanges
Address
No. 93, East Beijing Road, Hubei, Jingzhou, CHN, 434001
Adama Ltd produces farm chemicals for crop protection. It operates in two segments: Crop Protection and Intermediates & ingredients. The Crop Protection segment includes the manufacture and marketing of conventional agrochemical products and operations in the seeds sector. The intermediates & ingredients segment includes a large number of sub-fields, including Lycopan (an oxidization retardant), aromatic products, and other chemicals. The firm generates the vast majority of its revenue from the Crop Protection segment. Its geographical segments are Europe; Latin America; North America; Africa, Middle East, and India; and the Asia Pacific.

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