Shandong Hongchuang Aluminum Stock Total Debt

002379 Stock   7.32  0.07  0.97%   
Shandong Hongchuang Aluminum fundamentals help investors to digest information that contributes to Shandong Hongchuang's financial success or failures. It also enables traders to predict the movement of Shandong Stock. The fundamental analysis module provides a way to measure Shandong Hongchuang's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Shandong Hongchuang stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Shandong Hongchuang Aluminum Company Total Debt Analysis

Shandong Hongchuang's Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.

Total Debt

 = 

Bonds

+

Notes

More About Total Debt | All Equity Analysis

Current Shandong Hongchuang Total Debt

    
  953.16 M  
Most of Shandong Hongchuang's fundamental indicators, such as Total Debt, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Shandong Hongchuang Aluminum is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.
Competition

Shandong Long Term Debt

Long Term Debt

193.48 Million

At present, Shandong Hongchuang's Long Term Debt is projected to decrease significantly based on the last few years of reporting.
Based on the latest financial disclosure, Shandong Hongchuang Aluminum has a Total Debt of 953.16 M. This is 53.86% lower than that of the Metals & Mining sector and significantly higher than that of the Materials industry. The total debt for all China stocks is 82.07% higher than that of the company.

Shandong Total Debt Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Shandong Hongchuang's direct or indirect competition against its Total Debt to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Shandong Hongchuang could also be used in its relative valuation, which is a method of valuing Shandong Hongchuang by comparing valuation metrics of similar companies.
Shandong Hongchuang is currently under evaluation in total debt category among its peers.

Shandong Fundamentals

About Shandong Hongchuang Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Shandong Hongchuang Aluminum's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Shandong Hongchuang using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Shandong Hongchuang Aluminum based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Other Information on Investing in Shandong Stock

Shandong Hongchuang financial ratios help investors to determine whether Shandong Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Shandong with respect to the benefits of owning Shandong Hongchuang security.