CRCC High-Tech Equipment (HKSE:01786) Debt-to-Equity : 0.00 (As of Dec. 2023)

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What is CRCC High-Tech Equipment Debt-to-Equity?

CRCC High-Tech Equipment's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$5 Mil. CRCC High-Tech Equipment's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$17 Mil. CRCC High-Tech Equipment's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$6,411 Mil. CRCC High-Tech Equipment's debt to equity for the quarter that ended in Dec. 2023 was 0.00.

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 CRCC High-Tech Equipment's Debt-to-Equity or its related term are showing as below:

During the past 10 years, the highest Debt-to-Equity Ratio of CRCC High-Tech Equipment was 0.02. The lowest was 0.00. And the median was 0.00.

HKSE:01786's Debt-to-Equity is not ranked ^*
in the Transportation industry.
Industry Median: 0.56
* Ranked among companies with meaningful Debt-to-Equity only.

CRCC High-Tech Equipment Debt-to-Equity Historical Data

The historical data trend for CRCC High-Tech Equipment'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.

CRCC High-Tech Equipment Debt-to-Equity Chart

CRCC High-Tech Equipment Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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CRCC High-Tech Equipment Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial														-	0.16	-	-	-

Competitive Comparison of CRCC High-Tech Equipment's Debt-to-Equity

For the Railroads subindustry, CRCC High-Tech Equipment'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.

CRCC High-Tech Equipment's Debt-to-Equity Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, CRCC High-Tech Equipment's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where CRCC High-Tech Equipment's Debt-to-Equity falls into.

CRCC High-Tech Equipment Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

CRCC High-Tech Equipment'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
	=	(4.782	+	17.097)	/	6410.859
	=	0.00

CRCC High-Tech Equipment's Debt to Equity Ratio for the quarter 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
	=	(4.782	+	17.097)	/	6410.859
	=	0.00

CRCC High-Tech Equipment (HKSE:01786) 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.

CRCC High-Tech Equipment Debt-to-Equity Related Terms

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CRCC High-Tech Equipment (HKSE:01786) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » CRCC High-Tech Equipment Corporation Ltd (HKSE:01786) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 384, Yangfangwang, Jinma Town, Yunnan Province, Kunming, CHN

Website

http://www.crcce.com.cn

CRCC High-Tech Equipment Corporation Ltd is engaged in the manufacture of products in the large-scale railway track maintenance machinery industry and the provision of related services. Its revenues are generated from manufacturing and sales of machines, parts, components sales and services, overhaul services, and railway line maintenance services. Geographically, the majority of its revenue derives from China.

CRCC High-Tech Equipment (HKSE:01786) Headlines

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