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Visionox Technology (SZSE:002387) Debt-to-Equity : 2.54 (As of Jun. 2024)


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What is Visionox Technology Debt-to-Equity?

Visionox Technology's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was ¥11,638 Mil. Visionox Technology's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was ¥5,604 Mil. Visionox Technology's Total Stockholders Equity for the quarter that ended in Jun. 2024 was ¥6,792 Mil. Visionox Technology's debt to equity for the quarter that ended in Jun. 2024 was 2.54.

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

SZSE:002387' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.2   Med: 0.45   Max: 3.39
Current: 2.54

During the past 13 years, the highest Debt-to-Equity Ratio of Visionox Technology was 3.39. The lowest was 0.20. And the median was 0.45.

SZSE:002387's Debt-to-Equity is ranked worse than
97.02% of 2178 companies
in the Hardware industry
Industry Median: 0.29 vs SZSE:002387: 2.54

Visionox Technology Debt-to-Equity Historical Data

The historical data trend for Visionox 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.

Visionox Technology Debt-to-Equity Chart

Visionox Technology 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 0.44 0.51 0.69 1.11 2.00

Visionox Technology Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 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 1.62 1.87 2.00 2.62 2.54

Competitive Comparison of Visionox Technology's Debt-to-Equity

For the Electronic Components subindustry, Visionox 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.


Visionox Technology's Debt-to-Equity Distribution in the Hardware Industry

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

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



Visionox Technology Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Visionox Technology'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.


Visionox Technology  (SZSE:002387) 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.


Visionox Technology Debt-to-Equity Related Terms

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


Visionox Technology Business Description

Traded in Other Exchanges
N/A
Address
No.1,Longteng Road, Kunshan Economic&Technological Development Zone, Jiangsu, Shanghai, CHN, 215300
Visionox Technology Inc is engaged in OLED technology development. The products of the company include AMOLED displays, PMOLED displays, and displays for industrial use. The company also provides after sales service.
Executives
Zhang De Qiang Directors, executives
Yan Ruo Yuan Directors, executives
Lin Xiu Hai Directors, executives
Lin Xiu Hao Director
He Wen Biao Independent director
Huang Xun Cai Supervisors
Chen Ru Director
Huang Shu Zhong Director, Director Secretary
He Yu Long Directors, executives
Deng Chan Yu Supervisors
Lin Shao Ping Supervisors
Wu Di Nian Directors, executives
Chen Ke Mei Executives
Yao Li Chang Director
Lin Xi Qin Executives

Visionox Technology Headlines

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