Guilin Layn Natural Ingredients (SZSE:002166) Debt-to-Equity : 0.26 (As of Mar. 2024)

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What is Guilin Layn Natural Ingredients Debt-to-Equity?

Guilin Layn Natural Ingredients's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥770 Mil. Guilin Layn Natural Ingredients's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥45 Mil. Guilin Layn Natural Ingredients's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥3,112 Mil. Guilin Layn Natural Ingredients's debt to equity for the quarter that ended in Mar. 2024 was 0.26.

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 Guilin Layn Natural Ingredients's Debt-to-Equity or its related term are showing as below:

SZSE:002166' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.09 Med: 0.29 Max: 2.42
Current: 0.26

During the past 13 years, the highest Debt-to-Equity Ratio of Guilin Layn Natural Ingredients was 2.42. The lowest was 0.09. And the median was 0.29.

SZSE:002166's Debt-to-Equity is ranked better than
62.78% of 1647 companies
in the Consumer Packaged Goods industry
Industry Median: 0.4 vs SZSE:002166: 0.26

Guilin Layn Natural Ingredients Debt-to-Equity Historical Data

The historical data trend for Guilin Layn Natural Ingredients'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.

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Guilin Layn Natural Ingredients Debt-to-Equity Chart

Guilin Layn Natural Ingredients Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.15

0.33

0.35

0.20

0.22

Guilin Layn Natural Ingredients 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															0.23	0.23	0.23	0.22	0.26

Competitive Comparison of Guilin Layn Natural Ingredients's Debt-to-Equity

For the Farm Products subindustry, Guilin Layn Natural Ingredients'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.

Guilin Layn Natural Ingredients's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Guilin Layn Natural Ingredients's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Guilin Layn Natural Ingredients's Debt-to-Equity falls into.

Guilin Layn Natural Ingredients Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Guilin Layn Natural Ingredients'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
	=	(621.989	+	65.171)	/	3131.659
	=	0.22

Guilin Layn Natural Ingredients'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
	=	(769.72	+	45.069)	/	3111.766
	=	0.26

Guilin Layn Natural Ingredients (SZSE:002166) 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.

Guilin Layn Natural Ingredients Debt-to-Equity Related Terms

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Guilin Layn Natural Ingredients (SZSE:002166) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Guilin Layn Natural Ingredients Corp (SZSE:002166) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

No. 22 Lijiang Road, Guilin International Center, Zone A, 3F, Guilin, Guangxi, CHN, 541004

Website

http://www.layn.com.cn

Guilin Layn Natural Ingredients Corp is engaged in the development and production of active ingredients derived from plants. The company's product portfolio includes plant-based sweeteners, natural flavors and functional ingredients for food and beverage, pharmaceutical and personal care industries.

Executives

Yao Xin De	Director
Huang Li Juan	Independent director
Qin Ben Jun	Directors, executives
Liu Hong Yu	Independent director
Bai Yu	Directors, executives
Jiang Xiao San	Directors, executives
Jiang Zhi Gang	Supervisors
Xie Yong Fu	Executives

Guilin Layn Natural Ingredients (SZSE:002166) Headlines

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