GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Tianshui Huatian Technology Co Ltd (SZSE:002185) » Definitions » Debt-to-Equity

Tianshui Huatian Technology Co (SZSE:002185) Debt-to-Equity : 0.76 (As of Mar. 2024)


View and export this data going back to 2007. Start your Free Trial

What is Tianshui Huatian Technology Co Debt-to-Equity?

Tianshui Huatian Technology Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥7,229 Mil. Tianshui Huatian Technology Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥4,888 Mil. Tianshui Huatian Technology Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥15,894 Mil. Tianshui Huatian Technology Co's debt to equity for the quarter that ended in Mar. 2024 was 0.76.

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 Tianshui Huatian Technology Co's Debt-to-Equity or its related term are showing as below:

SZSE:002185' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.07   Med: 0.42   Max: 0.76
Current: 0.76

During the past 13 years, the highest Debt-to-Equity Ratio of Tianshui Huatian Technology Co was 0.76. The lowest was 0.07. And the median was 0.42.

SZSE:002185's Debt-to-Equity is ranked worse than
80.52% of 878 companies
in the Semiconductors industry
Industry Median: 0.27 vs SZSE:002185: 0.76

Tianshui Huatian Technology Co Debt-to-Equity Historical Data

The historical data trend for Tianshui Huatian Technology 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.

Tianshui Huatian Technology Co Debt-to-Equity Chart

Tianshui Huatian Technology 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 0.42 0.50 0.42 0.45 0.62

Tianshui Huatian Technology 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 0.50 0.56 0.57 0.62 0.76

Competitive Comparison of Tianshui Huatian Technology Co's Debt-to-Equity

For the Semiconductor Equipment & Materials subindustry, Tianshui Huatian Technology 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.


Tianshui Huatian Technology Co's Debt-to-Equity Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Tianshui Huatian Technology Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Tianshui Huatian Technology Co's Debt-to-Equity falls into.



Tianshui Huatian Technology Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Tianshui Huatian Technology Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Tianshui Huatian Technology 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.


Tianshui Huatian Technology Co  (SZSE:002185) 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.


Tianshui Huatian Technology Co Debt-to-Equity Related Terms

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


Tianshui Huatian Technology Co (SZSE:002185) Business Description

Traded in Other Exchanges
N/A
Address
No. 14 Shuangqiao Road, Qinzhou District, Gansu, Tianshui, CHN, 741000
Tianshui Huatian Technology Co Ltd is an integrated circuit (IC) packaging and test enterprises in China. Its main products include plastic integrated circuits, analog integrated circuits, and hybrid integrated circuits.

Tianshui Huatian Technology Co (SZSE:002185) Headlines

No Headlines