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HHSSF (Huishang Bank) Debt-to-Equity : 1.31 (As of Jun. 2024)


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What is Huishang Bank Debt-to-Equity?

Huishang Bank's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $0 Mil. Huishang Bank's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $27,244 Mil. Huishang Bank's Total Stockholders Equity for the quarter that ended in Jun. 2024 was $20,753 Mil. Huishang Bank's debt to equity for the quarter that ended in Jun. 2024 was 1.31.

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 Huishang Bank's Debt-to-Equity or its related term are showing as below:

HHSSF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.52   Med: 1.76   Max: 2.12
Current: 1.31

During the past 12 years, the highest Debt-to-Equity Ratio of Huishang Bank was 2.12. The lowest was 0.52. And the median was 1.76.

HHSSF's Debt-to-Equity is ranked worse than
73.74% of 1504 companies
in the Banks industry
Industry Median: 0.7 vs HHSSF: 1.31

Huishang Bank Debt-to-Equity Historical Data

The historical data trend for Huishang Bank'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.

Huishang Bank Debt-to-Equity Chart

Huishang Bank 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 2.12 1.77 1.69 1.83 1.28

Huishang Bank Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 1.55 1.83 1.46 1.28 1.31

Competitive Comparison of Huishang Bank's Debt-to-Equity

For the Banks - Regional subindustry, Huishang Bank'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.


Huishang Bank's Debt-to-Equity Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Huishang Bank's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Huishang Bank's Debt-to-Equity falls into.



Huishang Bank Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Huishang Bank's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Huishang Bank's Debt to Equity Ratio for the quarter that ended in Jun. 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.


Huishang Bank  (OTCPK:HHSSF) 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.


Huishang Bank Debt-to-Equity Related Terms

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


Huishang Bank Business Description

Traded in Other Exchanges
Address
No. 1699 Yungu Road, Huishang Bank Building, Anhui Province, Hefei, CHN, 230092
Huishang Bank Corp Ltd is a regional commercial bank in China. The company operates through four main business segments: corporate banking, retail banking, treasury, and others. The corporate banking segment provides financial services to corporate customers, government authorities, and financial institutions, such as current accounts, deposits, overdrafts, loans, and wealth management products. The retail banking segment provides services to retail customers, such as savings deposits, personal loans, and advances. The treasury segment provides securities investment and money market and repurchase transactions. The other segment includes investment holding and other miscellaneous activities. The company operates in China and earns the majority of its revenue in the Anhui Province.