Shanghai Huace Navigation Technology (SZSE:300627) Debt-to-Equity : 0.07 (As of Mar. 2024)

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What is Shanghai Huace Navigation Technology Debt-to-Equity?

Shanghai Huace Navigation Technology's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥91 Mil. Shanghai Huace Navigation Technology's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥125 Mil. Shanghai Huace Navigation Technology's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥3,147 Mil. Shanghai Huace Navigation Technology's debt to equity for the quarter that ended in Mar. 2024 was 0.07.

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 Shanghai Huace Navigation Technology's Debt-to-Equity or its related term are showing as below:

SZSE:300627' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.1 Max: 0.19
Current: 0.07

During the past 12 years, the highest Debt-to-Equity Ratio of Shanghai Huace Navigation Technology was 0.19. The lowest was 0.01. And the median was 0.10.

SZSE:300627's Debt-to-Equity is ranked better than
79.16% of 2193 companies
in the Hardware industry
Industry Median: 0.29 vs SZSE:300627: 0.07

Shanghai Huace Navigation Technology Debt-to-Equity Historical Data

The historical data trend for Shanghai Huace Navigation Technology'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.

Shanghai Huace Navigation Technology Debt-to-Equity Chart

Shanghai Huace Navigation Technology Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.11

0.10

0.12

0.11

0.08

Shanghai Huace Navigation Technology 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															0.13	0.11	0.10	0.08	0.07

Competitive Comparison of Shanghai Huace Navigation Technology's Debt-to-Equity

For the Scientific & Technical Instruments subindustry, Shanghai Huace Navigation Technology'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.

Shanghai Huace Navigation Technology's Debt-to-Equity Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Shanghai Huace Navigation Technology's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Shanghai Huace Navigation Technology's Debt-to-Equity falls into.

Shanghai Huace Navigation Technology Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Shanghai Huace Navigation Technology'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
	=	(122.827	+	125.911)	/	3003.916
	=	0.08

Shanghai Huace Navigation Technology'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
	=	(91.325	+	125.49)	/	3146.814
	=	0.07

Shanghai Huace Navigation Technology (SZSE:300627) 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.

Shanghai Huace Navigation Technology Debt-to-Equity Related Terms

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Shanghai Huace Navigation Technology (SZSE:300627) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Shanghai Huace Navigation Technology Ltd (SZSE:300627) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

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Address

No. 599, Gaojing Road, 3rd Floor, Building D, Qingpu District, Shanghai, CHN, 201702

Website

http://www.chcnav.com

Shanghai Huace Navigation Technology Ltd manufactures satellite navigation and positioning systems and equipment, geographic information and disaster monitoring system and equipment. It provides positioning solutions for surveying, construction, GIS and marine applications in various countries. The company offers products for GIS data collection, GNSS infrastructure, unmanned aircraft systems, marine construction, optical surveying, GNSS survey and engineering, and precision agriculture.

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