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Wuhan Guide Infrared Co (SZSE:002414) Debt-to-Equity : 0.12 (As of Mar. 2024)


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What is Wuhan Guide Infrared Co Debt-to-Equity?

Wuhan Guide Infrared Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥609 Mil. Wuhan Guide Infrared Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥199 Mil. Wuhan Guide Infrared Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥6,806 Mil. Wuhan Guide Infrared Co's debt to equity for the quarter that ended in Mar. 2024 was 0.12.

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 Wuhan Guide Infrared Co's Debt-to-Equity or its related term are showing as below:

SZSE:002414' s Debt-to-Equity Range Over the Past 10 Years
Min: 0   Med: 0.1   Max: 0.21
Current: 0.12

During the past 13 years, the highest Debt-to-Equity Ratio of Wuhan Guide Infrared Co was 0.21. The lowest was 0.00. And the median was 0.10.

SZSE:002414's Debt-to-Equity is ranked better than
70.7% of 2191 companies
in the Hardware industry
Industry Median: 0.29 vs SZSE:002414: 0.12

Wuhan Guide Infrared Co Debt-to-Equity Historical Data

The historical data trend for Wuhan Guide Infrared 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.

Wuhan Guide Infrared Co Debt-to-Equity Chart

Wuhan Guide Infrared 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 0.04 0.21 0.01 0.08 0.10

Wuhan Guide Infrared 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 0.06 0.09 0.11 0.10 0.12

Competitive Comparison of Wuhan Guide Infrared Co's Debt-to-Equity

For the Scientific & Technical Instruments subindustry, Wuhan Guide Infrared 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.


Wuhan Guide Infrared Co's Debt-to-Equity Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Wuhan Guide Infrared Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Wuhan Guide Infrared Co's Debt-to-Equity falls into.



Wuhan Guide Infrared Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Wuhan Guide Infrared Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Wuhan Guide Infrared 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.


Wuhan Guide Infrared Co  (SZSE:002414) 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.


Wuhan Guide Infrared Co Debt-to-Equity Related Terms

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Wuhan Guide Infrared Co (SZSE:002414) Business Description

Traded in Other Exchanges
N/A
Address
No.26,Shucheng Road, Wuhan, CHN, 430070
Wuhan Guide Infrared Co Ltd is a company based on infrared thermal imaging technology. It designs, manufactures, and markets infrared thermal imaging cameras. Guide Infrared products are widely used in different applications, electric power, metallurgy, petrochemical, construction; firefighting, law enforcement, inspection & quarantine, security and surveillance, and ADAS night vision system.
Executives
Hou Jian Jun Executives
Wang Yu Directors, executives
Zhao Jiang Long Executives
Su Wei Supervisors
Gu Xiao Juan Supervisors
Huang Li Directors, executives

Wuhan Guide Infrared Co (SZSE:002414) Headlines

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