Unigroup Guoxin Microelectronics Co (SZSE:002049) Debt-to-Equity : 0.17 (As of Mar. 2024)

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What is Unigroup Guoxin Microelectronics Co Debt-to-Equity?

Unigroup Guoxin Microelectronics Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥480 Mil. Unigroup Guoxin Microelectronics Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥1,532 Mil. Unigroup Guoxin Microelectronics Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥11,954 Mil. Unigroup Guoxin Microelectronics Co's debt to equity for the quarter that ended in Mar. 2024 was 0.17.

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 Unigroup Guoxin Microelectronics Co's Debt-to-Equity or its related term are showing as below:

SZSE:002049' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.15 Max: 0.29
Current: 0.17

During the past 13 years, the highest Debt-to-Equity Ratio of Unigroup Guoxin Microelectronics Co was 0.29. The lowest was 0.01. And the median was 0.15.

SZSE:002049's Debt-to-Equity is ranked better than
60.73% of 876 companies
in the Semiconductors industry
Industry Median: 0.27 vs SZSE:002049: 0.17

Unigroup Guoxin Microelectronics Co Debt-to-Equity Historical Data

The historical data trend for Unigroup Guoxin Microelectronics 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.

Unigroup Guoxin Microelectronics Co Debt-to-Equity Chart

Unigroup Guoxin Microelectronics Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.16

0.21

0.19

0.17

Unigroup Guoxin Microelectronics 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															0.19	0.18	0.17	0.17	0.17

Competitive Comparison of Unigroup Guoxin Microelectronics Co's Debt-to-Equity

For the Semiconductors subindustry, Unigroup Guoxin Microelectronics 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.

Unigroup Guoxin Microelectronics Co's Debt-to-Equity Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Unigroup Guoxin Microelectronics Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Unigroup Guoxin Microelectronics Co's Debt-to-Equity falls into.

Unigroup Guoxin Microelectronics Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Unigroup Guoxin Microelectronics 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
	=	(421.194	+	1541.543)	/	11654.17
	=	0.17

Unigroup Guoxin Microelectronics 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
	=	(479.827	+	1531.711)	/	11954.023
	=	0.17

Unigroup Guoxin Microelectronics Co (SZSE:002049) 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.

Unigroup Guoxin Microelectronics Co Debt-to-Equity Related Terms

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Unigroup Guoxin Microelectronics Co (SZSE:002049) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Unigroup Guoxin Microelectronics Co Ltd (SZSE:002049) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.1 Wangzhuang Road, 15th Floor, Building D, Tsinghua Tongfang Hi-tech Plaza, Haidian District, Beijing, CHN, 100083

Website

http://www.gosinoic.com

Unigroup Guoxin Microelectronics Co Ltd is a professional integrated circuit design company. It provides integrated circuit chips, smart card chip, terminal chip, special ICs and crystal chips. The company has five existing business sections, including Tongfang Microelectronics engaged in the smart card chip design business, Shenzhen Guowei engaged in IC design in a specific industry, Unigroup Tongchuang engaged in FPGA, Xi 'an Unigroup Guoxin engaged in memory chip design, and Crystal Business Department engaged in crystal business.

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