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Poco Holdings Co (SZSE:300811) Debt-to-Equity : 0.18 (As of Jun. 2024)


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What is Poco Holdings Co Debt-to-Equity?

Poco Holdings Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was ¥82 Mil. Poco Holdings Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was ¥285 Mil. Poco Holdings Co's Total Stockholders Equity for the quarter that ended in Jun. 2024 was ¥2,073 Mil. Poco Holdings Co's debt to equity for the quarter that ended in Jun. 2024 was 0.18.

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

SZSE:300811' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.05   Med: 0.18   Max: 0.45
Current: 0.18

During the past 10 years, the highest Debt-to-Equity Ratio of Poco Holdings Co was 0.45. The lowest was 0.05. And the median was 0.18.

SZSE:300811's Debt-to-Equity is ranked better than
62.67% of 2178 companies
in the Hardware industry
Industry Median: 0.29 vs SZSE:300811: 0.18

Poco Holdings Co Debt-to-Equity Historical Data

The historical data trend for Poco Holdings 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.

Poco Holdings Co Debt-to-Equity Chart

Poco Holdings 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 0.09 0.15 0.10 0.21 0.19

Poco Holdings Co 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 0.19 0.17 0.19 0.18 0.18

Competitive Comparison of Poco Holdings Co's Debt-to-Equity

For the Electronic Components subindustry, Poco Holdings 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.


Poco Holdings Co's Debt-to-Equity Distribution in the Hardware Industry

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

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



Poco Holdings Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Poco Holdings Co'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.


Poco Holdings Co  (SZSE:300811) 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.


Poco Holdings Co Debt-to-Equity Related Terms

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


Poco Holdings Co Business Description

Traded in Other Exchanges
N/A
Address
No 28, Langshan Road, 3rd Floor, Building 2, Room 301-306, Northern District of High Technology Industry Park, Nanshan District, Shenzhen, CHN
Poco Holdings Co Ltd is engaged in production and sales of alloy powder. The company manufactures magnetic materials, inductors, chip inductors, coils, magnetic electronic components and related equipment; stainless steel powder, steel alloy powder, iron powder, copper powder, aluminum powder, special metal alloy powder.
Executives
Du Jiang Hua Director
Luo Zhi Min Directors, executives
Ruan Jia Lin Directors, Directors, and Executives
Guo Xiong Zhi Directors, executives
You Xin Executives
Li Zheng Ping Securities Affairs Representative

Poco Holdings Co Headlines

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