Anhui Sentai WPC Group Share Co (SZSE:301429) Debt-to-Equity : 0.04 (As of Mar. 2024)

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What is Anhui Sentai WPC Group Share Co Debt-to-Equity?

Anhui Sentai WPC Group Share Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥46.3 Mil. Anhui Sentai WPC Group Share Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥14.2 Mil. Anhui Sentai WPC Group Share Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥1,361.9 Mil. Anhui Sentai WPC Group Share Co's debt to equity for the quarter that ended in Mar. 2024 was 0.04.

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 Anhui Sentai WPC Group Share Co's Debt-to-Equity or its related term are showing as below:

SZSE:301429' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02 Med: 0.16 Max: 0.49
Current: 0.04

During the past 7 years, the highest Debt-to-Equity Ratio of Anhui Sentai WPC Group Share Co was 0.49. The lowest was 0.02. And the median was 0.16.

SZSE:301429's Debt-to-Equity is ranked better than
87.21% of 383 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 0.35 vs SZSE:301429: 0.04

Anhui Sentai WPC Group Share Co Debt-to-Equity Historical Data

The historical data trend for Anhui Sentai WPC Group Share 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.

Anhui Sentai WPC Group Share Co Debt-to-Equity Chart

Anhui Sentai WPC Group Share Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.18

0.02

Anhui Sentai WPC Group Share Co Quarterly Data
	Dec17	Dec18	Dec19	Jun20	Dec20	Mar21	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial												-	-	-	0.02	0.04

Competitive Comparison of Anhui Sentai WPC Group Share Co's Debt-to-Equity

For the Furnishings, Fixtures & Appliances subindustry, Anhui Sentai WPC Group Share 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.

Anhui Sentai WPC Group Share Co's Debt-to-Equity Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Anhui Sentai WPC Group Share Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Anhui Sentai WPC Group Share Co's Debt-to-Equity falls into.

Anhui Sentai WPC Group Share Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Anhui Sentai WPC Group Share 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
	=	(8.411	+	14.417)	/	1342.311
	=	0.02

Anhui Sentai WPC Group Share 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
	=	(46.26	+	14.247)	/	1361.863
	=	0.04

Anhui Sentai WPC Group Share Co (SZSE:301429) 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.

Anhui Sentai WPC Group Share Co Debt-to-Equity Related Terms

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Anhui Sentai WPC Group Share Co (SZSE:301429) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Anhui Sentai WPC Group Share Co Ltd (SZSE:301429) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

Guohua Road, Guangde Economic Development Zone, Anhui Province, Xuancheng, CHN, 242200

Website

http://www.sentaiwpc.com

Anhui Sentai WPC Group Share Co Ltd is focused on the research and development and promotion of wood-plastic composite materials and their products. The company's products are mainly used in wood substitution, whole house assembly, prefabricated buildings, automotive interiors and other fields.

Anhui Sentai WPC Group Share Co (SZSE:301429) Headlines

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