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Chalkis Health Industry Co (SZSE:000972) Debt-to-Equity : 1.79 (As of Mar. 2024)


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What is Chalkis Health Industry Co Debt-to-Equity?

Chalkis Health Industry Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥302.2 Mil. Chalkis Health Industry Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥72.4 Mil. Chalkis Health Industry Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥209.5 Mil. Chalkis Health Industry Co's debt to equity for the quarter that ended in Mar. 2024 was 1.79.

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 Chalkis Health Industry Co's Debt-to-Equity or its related term are showing as below:

SZSE:000972' s Debt-to-Equity Range Over the Past 10 Years
Min: 0   Med: 0.35   Max: 3.45
Current: 1.79

During the past 13 years, the highest Debt-to-Equity Ratio of Chalkis Health Industry Co was 3.45. The lowest was 0.00. And the median was 0.35.

SZSE:000972's Debt-to-Equity is ranked worse than
91.18% of 1644 companies
in the Consumer Packaged Goods industry
Industry Median: 0.405 vs SZSE:000972: 1.79

Chalkis Health Industry Co Debt-to-Equity Historical Data

The historical data trend for Chalkis Health Industry 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.

Chalkis Health Industry Co Debt-to-Equity Chart

Chalkis Health Industry 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 0.08 0.12 0.27 0.13 2.10

Chalkis Health Industry 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 0.02 1.09 3.45 2.10 1.79

Competitive Comparison of Chalkis Health Industry Co's Debt-to-Equity

For the Packaged Foods subindustry, Chalkis Health Industry 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.


Chalkis Health Industry Co's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Chalkis Health Industry Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Chalkis Health Industry Co's Debt-to-Equity falls into.



Chalkis Health Industry Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Chalkis Health Industry Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Chalkis Health Industry 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.


Chalkis Health Industry Co  (SZSE:000972) 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.


Chalkis Health Industry Co Debt-to-Equity Related Terms

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Chalkis Health Industry Co (SZSE:000972) Business Description

Traded in Other Exchanges
N/A
Address
No.8 Qingnian Road Sunshine Plaza, Xinjiang, Urumqi, CHN, 830000
Chalkis Health Industry Co Ltd operates as a processor of tomatos and fruits in China. The Company offers tomato products, such as aseptic paste, tinned paste, canned tomato paste, diced tomatoes, among others.
Executives
Kong Fan Li Director
Wang Liu Ping Director
Dai Rong Hui Supervisors
Dang Yan Wu Executives
Yao Bin Jie Director
Long Ya Hui Directors, executives
Gu Yong Xin Directors, executives
Zhu Ming Executives
Li Run Director
Huang Bin Executives
Wu Zhi Zhou Supervisors
Luo Qiong Executives
Gu Li Xin Directors, executives
Xing Jiang Securities Affairs Representative
Cheng Yi Executives

Chalkis Health Industry Co (SZSE:000972) Headlines

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