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China Foods Holdings (China Foods Holdings) Debt-to-Equity : -0.05 (As of Dec. 2023)


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What is China Foods Holdings Debt-to-Equity?

China Foods Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.02 Mil. China Foods Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil. China Foods Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $-0.39 Mil. China Foods Holdings's debt to equity for the quarter that ended in Dec. 2023 was -0.05.

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 China Foods Holdings's Debt-to-Equity or its related term are showing as below:

CFOO' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.83   Med: -0.72   Max: 1.24
Current: -0.05

During the past 13 years, the highest Debt-to-Equity Ratio of China Foods Holdings was 1.24. The lowest was -0.83. And the median was -0.72.

CFOO's Debt-to-Equity is not ranked
in the Consumer Packaged Goods industry.
Industry Median: 0.405 vs CFOO: -0.05

China Foods Holdings Debt-to-Equity Historical Data

The historical data trend for China Foods Holdings'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.

China Foods Holdings Debt-to-Equity Chart

China Foods Holdings Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.90 1.24 -0.05

China Foods Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.24 -0.08 - -0.10 -0.05

Competitive Comparison of China Foods Holdings's Debt-to-Equity

For the Packaged Foods subindustry, China Foods Holdings'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.


China Foods Holdings's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, China Foods Holdings's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where China Foods Holdings's Debt-to-Equity falls into.



China Foods Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

China Foods Holdings's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

China Foods Holdings's Debt to Equity Ratio for the quarter that ended in Dec. 2023 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.


China Foods Holdings  (OTCPK:CFOO) 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.


China Foods Holdings Debt-to-Equity Related Terms

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


China Foods Holdings (China Foods Holdings) Business Description

Traded in Other Exchanges
N/A
Address
26 Harbour Road, Room 2301A, China Resources Building, Wanchai, Hong Kong, HKG
Website
China Foods Holdings Ltd is a healthcare product distributing and marketing industry, developing and distributing health related products, including supplements, across the globe with a focus on mainland China, Europe and Australia. Its health products are designed to help enhance immunity and improve general wellbeing. The company has two segments; the Healthcare segment and the Wine segment. The healthcare segment mainly provides health consulting advisory services and healthcare and wellness products, such as Nutrition Catering, Special Health Food, Health supplements, and Skincare. The wine segment involves the sale of wine products. The majority of the company's revenue is generated from the Healthcare segment.
Executives
Xiao Jun Kong director, 10 percent owner, officer: CEO and CFO SHUI ON CENTRE, 6-8 HARBOUR RD. UNIT 906 9/F WANCHAI K3 0000
Cheng-ni Hu director 28 MACHANG ROAD TIANHE DISTRICT GUANGZHOU F4 510000
Yang Liu director EVERBRITE CENTRE SUITE 3102 108 GLOUCESTER ROAD HONG KONG K3 00000
Yunsi Liu director, officer: President EVERBRITE CENTRE SUITE 3102 108 GLOUCESTER ROAD HONG KONG K3 00000
Hy (hk) Financial Investments Co., Ltd. 10 percent owner SHUI ON CENTRE, 6-8 HARBOUR RD. UNIT 906 9/F WANCHAI K3 0000
Sean Escobar director, officer: Vice President 10344 SOUTH SILVER WILLOW DRIVE SANDY UT 84070
Anthony B Escobar director, 10 percent owner, officer: President PO BOX 2017 SANDY UT 84091-2017
Anthony P Coletti director, officer: Chief Accounting Officer 3032 WEST HARPER PEAK COURT SOUTH JORDAN UT 84095

China Foods Holdings (China Foods Holdings) Headlines