GCL System Integration Technology Co (SZSE:002506) Debt-to-Equity : 1.90 (As of Mar. 2024)

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What is GCL System Integration Technology Co Debt-to-Equity?

GCL System Integration Technology Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥3,238 Mil. GCL System Integration Technology Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥1,420 Mil. GCL System Integration Technology Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥2,448 Mil. GCL System Integration Technology Co's debt to equity for the quarter that ended in Mar. 2024 was 1.90.

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 GCL System Integration Technology Co's Debt-to-Equity or its related term are showing as below:

SZSE:002506' s Debt-to-Equity Range Over the Past 10 Years
Min: -1.09 Med: 1.13 Max: 2.12
Current: 1.9

During the past 13 years, the highest Debt-to-Equity Ratio of GCL System Integration Technology Co was 2.12. The lowest was -1.09. And the median was 1.13.

SZSE:002506's Debt-to-Equity is ranked worse than
89.74% of 877 companies
in the Semiconductors industry
Industry Median: 0.27 vs SZSE:002506: 1.90

GCL System Integration Technology Co Debt-to-Equity Historical Data

The historical data trend for GCL System Integration Technology 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.

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GCL System Integration Technology Co Debt-to-Equity Chart

GCL System Integration Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.95

0.65

0.88

0.83

1.73

GCL System Integration Technology 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															1.08	0.94	1.24	1.73	1.90

Competitive Comparison of GCL System Integration Technology Co's Debt-to-Equity

For the Solar subindustry, GCL System Integration Technology 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.

GCL System Integration Technology Co's Debt-to-Equity Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, GCL System Integration Technology Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where GCL System Integration Technology Co's Debt-to-Equity falls into.

GCL System Integration Technology Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(2831.6	+	1350.557)	/	2424.248
	=	1.73

GCL System Integration Technology Co's Debt to Equity Ratio for the quarter that ended in Mar. 2024 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(3238.249	+	1420.114)	/	2448.049
	=	1.90

GCL System Integration Technology Co (SZSE:002506) 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.

GCL System Integration Technology Co Debt-to-Equity Related Terms

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GCL System Integration Technology Co (SZSE:002506) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » GCL System Integration Technology Co Ltd (SZSE:002506) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

Industrial Park Xinqing Road on the 28th, Jiangsu Province, Suzhou, CHN

Website

http://www.gclsi.com

GCL System Integration Technology Co Ltd is an energy conglomerate specializing in clean and sustainable power production. The company offers a wide range of products for a variety of application environments, including modules of standard 60/72-piece, dual-glass, high-efficiency polysilicon PERC, and half-cell. It has a business footprint across 31 provinces, municipalities and autonomous regions of mainland China, Hong Kong, Taiwan, as well as Africa, North America, Southeast Asia and Europe.

GCL System Integration Technology Co (SZSE:002506) Headlines

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