Dongguan Tarry Electronics Co (SZSE:300976) Debt-to-Equity : 0.01 (As of Mar. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Dongguan Tarry Electronics Co Debt-to-Equity?

Dongguan Tarry Electronics Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥7 Mil. Dongguan Tarry Electronics Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥10 Mil. Dongguan Tarry Electronics Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥3,217 Mil. Dongguan Tarry Electronics Co's debt to equity for the quarter that ended in Mar. 2024 was 0.01.

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 Dongguan Tarry Electronics Co's Debt-to-Equity or its related term are showing as below:

SZSE:300976' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.01 Max: 0.7
Current: 0.01

During the past 9 years, the highest Debt-to-Equity Ratio of Dongguan Tarry Electronics Co was 0.70. The lowest was 0.00. And the median was 0.01.

SZSE:300976's Debt-to-Equity is ranked better than
99.96% of 2617 companies
in the Industrial Products industry
Industry Median: 0.29 vs SZSE:300976: 0.01

Dongguan Tarry Electronics Co Debt-to-Equity Historical Data

The historical data trend for Dongguan Tarry Electronics 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.

Dongguan Tarry Electronics Co Debt-to-Equity Chart

Dongguan Tarry Electronics Co Annual Data

Trend

Dec13

Dec14

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.01

Dongguan Tarry Electronics Co Quarterly Data
	Dec18	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															0.01	0.01	0.01	0.01	0.01

Competitive Comparison of Dongguan Tarry Electronics Co's Debt-to-Equity

For the Metal Fabrication subindustry, Dongguan Tarry Electronics 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.

Dongguan Tarry Electronics Co's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Dongguan Tarry Electronics Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Dongguan Tarry Electronics Co's Debt-to-Equity falls into.

Dongguan Tarry Electronics Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Dongguan Tarry Electronics 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
	=	(7.054	+	10.26)	/	3216.86
	=	0.01

Dongguan Tarry Electronics 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
	=	(7.092	+	9.667)	/	3216.691
	=	0.01

Dongguan Tarry Electronics Co (SZSE:300976) 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.

Dongguan Tarry Electronics Co Debt-to-Equity Related Terms

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

Dongguan Tarry Electronics Co (SZSE:300976) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Dongguan Tarry Electronics Co Ltd (SZSE:300976) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Tongsha Science and Technology Park, 3rd Floor, Area B, Building 5, Guanghui Industrial Zone, Dongcheng District, Guangdong Province, Dongguan, CHN, 523127

Website

http://www.dgtarry.com

Dongguan Tarry Electronics Co Ltd is engaged in the research and development, production and sales of functional and structural devices for consumer electronics. It specializes in the production of precision die-cutting products, foam protective film tape, insulating and thermally conductive products, EMI shielding products, sewing and high-frequency earmuffs, head cushion products, assembly automation equipment and many other product series. Products are widely used in FPC flexible circuit boards, OLED backlight display modules, plastic shells, solar photovoltaics, power batteries, audio headsets, VR/AR and other electronic and electrical industries.

Dongguan Tarry Electronics Co (SZSE:300976) Headlines

No Headlines