Yunnan Tin Co (SZSE:000960) Debt-to-Equity : 0.75 (As of Mar. 2024)

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What is Yunnan Tin Co Debt-to-Equity?

Yunnan Tin Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥5,503 Mil. Yunnan Tin Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥8,158 Mil. Yunnan Tin Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥18,109 Mil. Yunnan Tin Co's debt to equity for the quarter that ended in Mar. 2024 was 0.75.

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 Yunnan Tin Co's Debt-to-Equity or its related term are showing as below:

SZSE:000960' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.75 Med: 1.41 Max: 2.02
Current: 0.75

During the past 13 years, the highest Debt-to-Equity Ratio of Yunnan Tin Co was 2.02. The lowest was 0.75. And the median was 1.41.

SZSE:000960's Debt-to-Equity is ranked worse than
82.81% of 1309 companies
in the Metals & Mining industry
Industry Median: 0.13 vs SZSE:000960: 0.75

Yunnan Tin Co Debt-to-Equity Historical Data

The historical data trend for Yunnan Tin 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.

Yunnan Tin Co Debt-to-Equity Chart

Yunnan Tin Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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1.26

1.43

1.17

0.91

0.80

Yunnan Tin 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															0.92	0.83	0.81	0.80	0.75

Competitive Comparison of Yunnan Tin Co's Debt-to-Equity

For the Other Industrial Metals & Mining subindustry, Yunnan Tin 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.

Yunnan Tin Co's Debt-to-Equity Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Yunnan Tin Co's Debt-to-Equity distribution charts can be found below:

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

Yunnan Tin Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Yunnan Tin 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
	=	(5225.218	+	9023.097)	/	17790.292
	=	0.80

Yunnan Tin 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
	=	(5503.284	+	8158.382)	/	18108.914
	=	0.75

Yunnan Tin Co (SZSE:000960) 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.

Yunnan Tin Co Debt-to-Equity Related Terms

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Yunnan Tin Co (SZSE:000960) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Yunnan Tin Co Ltd (SZSE:000960) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

121 Jinhu East Road, Yunnan Province, Gejiu, CHN, 661000

Website

http://www.ytl.com.cn

Yunnan Tin Co Ltd is a China-based company engaged in the exploration, mining, smelting, and processing of tin and non-ferrous materials. The company's products include tin ingots, lead ingots, indium ingots, silver ingots, antimony ingots, copper concentrates, tin- lead solders and lead-free solders, tin materials, tin-based alloys, organic tin and inorganic tin chemical products.

Yunnan Tin Co (SZSE:000960) Headlines

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