Kingold Jewelry Inc Debt/Equity
What is the Debt/Equity of Kingold Jewelry Inc?
The Debt/Equity of Kingold Jewelry Inc is N/A
What is the definition of Debt/Equity?
Debt to equity ratio is a financial ratio indicating the relative proportion of shareholders’ equity and debt used to finance a company’s assets.
lfy (last fiscal year)
The debt to equity ratio is generally calculated by dividing debt by equity. The D/E ratio is also known as risk, gearing or leverage. The two components are often taken from the firm's balance sheet or statement of financial position (so-called book value), but the ratio may also be calculated using market values for both, if the company's debt and equity are publicly traded, or using a combination of book value for debt and market value for equity financially. Preferred stock can be considered part of debt or equity. Attributing preferred shares to one or the other is partially a subjective decision but will also take into account the specific features of the preferred shares. When used to calculate a company's financial leverage, the debt usually includes only the long-term debt.
What does Kingold Jewelry Inc do?
kingold jewelry, inc. designs, manufactures, and sells 24-karat gold jewelry and chinese ornaments in the people's republic of china. the company offers a range of in-house designed products, including gold necklaces, rings, earrings, bracelets, gold bars, and pendants. it also invests in gold. the company sells its products to wholesalers, distributors, and retailers under the kingold brand. kingold jewelry, inc. was founded in 2002 and is based in wuhan, the people's republic of china.