Decheng Technology AG (FRA:3330) Debt-to-Equity : 0.00 (As of Dec. 2023)

View and export this data going back to 2016. Start your Free Trial

What is Decheng Technology AG Debt-to-Equity?

Decheng Technology AG's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €0.00 Mil. Decheng Technology AG's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €0.00 Mil. Decheng Technology AG's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €0.58 Mil. Decheng Technology AG's debt to equity for the quarter that ended in Dec. 2023 was 0.00.

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 Decheng Technology AG's Debt-to-Equity or its related term are showing as below:

During the past 5 years, the highest Debt-to-Equity Ratio of Decheng Technology AG was 0.14. The lowest was 0.10. And the median was 0.12.

FRA:3330's Debt-to-Equity is not ranked ^*
in the Chemicals industry.
Industry Median: 0.36
* Ranked among companies with meaningful Debt-to-Equity only.

Decheng Technology AG Debt-to-Equity Historical Data

The historical data trend for Decheng Technology AG'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.

Decheng Technology AG Debt-to-Equity Chart

Decheng Technology AG Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec23

Debt-to-Equity

0.14

0.10

Decheng Technology AG Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Mar20	Sep20	Mar21	Sep21	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial										-	-	-	-	-

Competitive Comparison of Decheng Technology AG's Debt-to-Equity

For the Specialty Chemicals subindustry, Decheng Technology AG'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.

Decheng Technology AG's Debt-to-Equity Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Decheng Technology AG's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Decheng Technology AG's Debt-to-Equity falls into.

Decheng Technology AG Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Decheng Technology AG'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
	=	(0	+	0)	/	0.578
	=	0.00

Decheng Technology AG's Debt to Equity Ratio for the quarter 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
	=	(0	+	0)	/	0.578
	=	0.00

Decheng Technology AG (FRA:3330) 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.

Decheng Technology AG Debt-to-Equity Related Terms

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

Decheng Technology AG (FRA:3330) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Decheng Technology AG (FRA:3330) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Ziegelhauser Landstrasse 3, Heidelberg, DEU, 69120

Website

https://www.decheng-ag.de

Decheng Technology AG is engaged in the research and development, production and marketing of polyurethane resin and related additives in the People's Republic of China. The company's product profile includes Textile Applications, Leather Applications, Magnetic Absorber Material, and others. Its core product is classified into six categories namely Two liquid type polyurethane resin for dry fabrics, Polyurethane produces by the wet winding technology, Polyurethane resin for fiberic coating, Single liquid type polyurethane resin for dry fabrics, Coating additives, and Magnetic absorption polyurethane resin. The Polyurethane resin for fiberic coating generates maximum revenue for the company.

Decheng Technology AG (FRA:3330) Headlines

No Headlines