Jinli Group Holdings (TPE:8429) Debt-to-Equity : 0.01 (As of Mar. 2024)

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What is Jinli Group Holdings Debt-to-Equity?

Jinli Group Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$4.1 Mil. Jinli Group Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$30.3 Mil. Jinli Group Holdings's Total Stockholders Equity for the quarter that ended in Mar. 2024 was NT$6,220.2 Mil. Jinli Group Holdings's debt to equity for the quarter that ended in Mar. 2024 was 0.01.

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

TPE:8429' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.01 Max: 0.28
Current: 0.01

During the past 13 years, the highest Debt-to-Equity Ratio of Jinli Group Holdings was 0.28. The lowest was 0.00. And the median was 0.01.

TPE:8429's Debt-to-Equity is ranked better than
99.89% of 937 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.44 vs TPE:8429: 0.01

Jinli Group Holdings Debt-to-Equity Historical Data

The historical data trend for Jinli Group 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.

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Jinli Group Holdings Debt-to-Equity Chart

Jinli Group Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.01

Jinli Group Holdings 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															N/A	0.01	0.01	0.01	0.01

Competitive Comparison of Jinli Group Holdings's Debt-to-Equity

For the Apparel Manufacturing subindustry, Jinli Group 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.

Jinli Group Holdings's Debt-to-Equity Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Jinli Group Holdings's Debt-to-Equity distribution charts can be found below:

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

Jinli Group Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Jinli Group Holdings'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
	=	(3.996	+	30.788)	/	6125.016
	=	0.01

Jinli Group Holdings'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
	=	(4.119	+	30.335)	/	6220.197
	=	0.01

Jinli Group Holdings (TPE:8429) 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.

Jinli Group Holdings Debt-to-Equity Related Terms

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Jinli Group Holdings (TPE:8429) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Jinli Group Holdings Ltd (TPE:8429) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 11, Qiangang Street, Room 502, 5th Floor, Shilin District, Taipei, TWN, 111

Website

http://www.jinligroup.com.tw

Jinli Group Holdings Ltd through its subsidiaries is engaged in the manufacture, processing, and sale of clothing and footwear. The company's operating segment includes Clothing and footwear and Cosmetics. It generates maximum revenue from the Clothing and footwear segment. Cosmetics segments includes the manufacture and sales of masks and cosmetics. Geographically, it derives a majority of revenue from China.

Jinli Group Holdings (TPE:8429) Headlines

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